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RattanIndia Power Q2 net loss narrows to Rs 52 cr

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Press Trust of India New Delhi
RattanIndia Power Ltd's standalone net loss narrowed to Rs 50.7 crore for the quarter ended September 30, 2016.

The company had posted a net loss of Rs 82.8 crore in the corresponding quarter of previous fiscal, RattanIndia Power said in a filing to BSE.

The company's standalone income from operations (net) declined to Rs 261 crore in the quarter under review, from over Rs 613 crore in the year-ago period.

Total expenses dropped to Rs 116.7 crore in the period, from over Rs 468.6 crore in the corresponding quarter of previous fiscal.
 

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First Published: Dec 05 2016 | 5:57 PM IST

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