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
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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.

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