Business Standard

Adani Power Q4 pre-tax loss widens to Rs 1652.6 cr due to high expenses

The company's total income fell to Rs 6,327.57 crore in the quarter from Rs 8,077.89 crore in the year-ago period

Adani power
Premium

Total expenses for the quarter under review was at Rs 7,980.17 crore as compared to Rs 8,162.01 crore in same period a year ago

Amritha Pillay Mumbai
Adani Power on Monday reported a loss before tax of Rs 1,652.6 crore for the March 2020 ended quarter. The firm’s losses widened from Rs 84.12 crore seen in the corresponding quarter a year ago, on the back of higher expenses.
 
The company’s total income fell to Rs 6,327.57 crore in the quarter from Rs 8,077.89 crore in the year-ago period. Total expenses for the quarter under review was at Rs 7,980.17 crore as compared to Rs 8,162.01 crore in same period a year ago.

Adani Power’s consolidated net loss for the March quarter was at Rs 1,312.86 crore,

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in