Adani Power posts Q1 loss of Rs 418 cr

Adani Power posts Q1 loss of Rs 418 cr

FPJ BureauUpdated: Friday, May 31, 2019, 11:27 PM IST
article-image

New Delhi :  Adani Power Ltd reported a consolidated net loss of Rs 417.58 crore for the quarter ended June against a consolidated net loss of Rs 303.29 crore during the same period last fiscal. Total income stood at Rs 5,950.99 crore.

Adani Power chairman Gautam Adani said, “With the completion of acquisition of Udupi Power Corporation Limited, the group establishes its strategic presence in southern India and continues to maintain its leadership position as India’s largest private sector power producer,” he added.

RECENT STORIES

IRFC To Cross ₹60,000 Crore In Loan Sanctions By The End Of Third Quarter

IRFC To Cross ₹60,000 Crore In Loan Sanctions By The End Of Third Quarter

Paytm Makes Additional Investment Of ₹2,250 Crore In Subsidiary Through A Rights Issue After RBI's...

Paytm Makes Additional Investment Of ₹2,250 Crore In Subsidiary Through A Rights Issue After RBI's...

Realty Firm Satya Group & Maple Group Will Develop Luxury Housing Project In Gurugram For ₹1,600...

Realty Firm Satya Group & Maple Group Will Develop Luxury Housing Project In Gurugram For ₹1,600...

Union Cabinet Approves A Bill To Raise Foreign Direct Investment In The Insurance Sector To 100%

Union Cabinet Approves A Bill To Raise Foreign Direct Investment In The Insurance Sector To 100%

Dialysis Services Provider Nephrocare Health's IPO Subscribed 13.96 Times On The Closing Day Of...

Dialysis Services Provider Nephrocare Health's IPO Subscribed 13.96 Times On The Closing Day Of...