 "Power-for-all dream faces up to reality")
Adani Power dipped 12% to Rs 33.95 on the BSE in intra-day after reporting a consolidated net loss of Rs 325 crore for the quarter ended December 31, 2016 (Q3FY17). The company had net profit of Rs 104 crore in the same quarter last fiscal and a net loss of Rs 114 crore in September quarter.
Total income from operations during the quarter under review declined 6% at Rs 5,813 crore against Rs 6,191 crore in the corresponding quarter of previous fiscal. The company sold 14.9 billion units in Q3FY17 against 16.6 billion units in Q3FY16.
“EBITDA (earnings
Total income from operations during the quarter under review declined 6% at Rs 5,813 crore against Rs 6,191 crore in the corresponding quarter of previous fiscal. The company sold 14.9 billion units in Q3FY17 against 16.6 billion units in Q3FY16.
“EBITDA (earnings
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