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Adani Power reports standalone net loss of Rs 4689.83 crore in the March 2017 quarter

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Capital Market

Sales decline 16.75% to Rs 3165.46 crore

Net loss of Adani Power reported to Rs 4689.83 crore in the quarter ended March 2017 as against net profit of Rs 216.67 crore during the previous quarter ended March 2016. Sales declined 16.75% to Rs 3165.46 crore in the quarter ended March 2017 as against Rs 3802.44 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 6054.34 crore in the year ended March 2017 as against net profit of Rs 96.54 crore during the previous year ended March 2016. Sales declined 14.43% to Rs 11017.97 crore in the year ended March 2017 as against Rs 12875.27 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales3165.463802.44 -17 11017.9712875.27 -14 OPM %6.5034.66 -11.4127.39 - PBDT-385.65708.53 PL -1108.911097.86 PL PBT-781.89299.63 PL -2229.63-39.40 -5559 NP-4689.83216.67 PL -6054.3496.54 PL

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First Published: May 29 2017 | 2:58 PM IST

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