Saturday, May 19, 2012

Adani Power posts net loss at Rs 290 cr in Q4


Adani Power has reported a net loss of Rs 290 crore for the fourth quarter of FY12 as against profit of Rs 174 crore in the corresponding quarter of last fiscal.

Net sales increased 16.6% to Rs 998 crore from Rs 856 crore year-on-year.

The company received forex gain of Rs 59.74 crore during the quarter.

Adani Power commissioned 500KV, 2500MW HVDC transmission line in January-March quarter of 2012.

Average PLF was down due to evacuation of bottle-necks.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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