Business Standard

Adani Power swings to loss in Q4

BS Reporter  |  Ahmedabad 

  • ALSO READ

    L&T net up 13% despite slower order inflow Adani Power, APSEZ, AEL stocks hit 52-week low Kabil Badami wins three matches in junior snooker Ruchi Soya Q4 net profit rises by 42% 'Kalmadi, others pre-decided to award contract to Swiss firm'

has registered net loss of Rs 293 crore for the financial year ended March 2012, as against a profit of Rs 523.75 crore in the previous year. The Adani Group-owned company attributed the loss to “the national issue of unavailability of domestic coal, high prices of imported coal and limited availability of transmission lines”.

For the fourth quarter, the company posted net loss of Rs 290.16 crore, against a profit of Rs 174.32 crore in the corresponding quarter of the previous year.

RECOMMENDED FOR YOU

Adani Power swings to loss in Q4

Adani Power has registered net loss of Rs 293 crore for the financial year ended March 2012, as against a profit of Rs 523.75 crore in the previous year. The Adani Group-owned company attributed the loss to “the national issue of unavailability of domestic coal, high prices of imported coal and limited availability of transmission lines”.

has registered net loss of Rs 293 crore for the financial year ended March 2012, as against a profit of Rs 523.75 crore in the previous year. The Adani Group-owned company attributed the loss to “the national issue of unavailability of domestic coal, high prices of imported coal and limited availability of transmission lines”.

For the fourth quarter, the company posted net loss of Rs 290.16 crore, against a profit of Rs 174.32 crore in the corresponding quarter of the previous year.

image
Advertisement