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15 April, 2021 23:17 IST
Adani Power FY20 loss widens to Rs 22.75 bn
Source: IRIS | 28 Apr, 2020, 11.00PM
Rating: NAN / 5 stars.
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Adani Power, arm of Indian business conglomerate Adani Group reported a consolidated net loss of Rs 13.13 billion for the quarter ended March 31, 2020.

The company had posted a consolidated net profit of Rs 634.64 crore in the year-ago quarter, Adani Power said in a BSE filing.

Its total income slipped to Rs 63.28 million in the quarter from Rs 80.78 billion in the year-ago period.

Total expenses in March quarter stood at Rs 79.80 billion as compared to Rs 81.62 billion in same period of 2018-19. 

Shares of the company declined Rs 0.65, or 2.11%, to settle  at  Rs 30.20.  The total volume of shares traded  was  861,073 at  the BSE (Tuesday).

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