Adani Power reports standalone net loss of Rs 556.15 crore in the March 2018 quarter

Capital Market 

Sales decline 98.12% to Rs 58.87 crore

Net Loss of Power reported to Rs 556.15 crore in the quarter ended March 2018 as against net loss of Rs 4689.83 crore during the previous quarter ended March 2017. Sales declined 98.12% to Rs 58.87 crore in the quarter ended March 2018 as against Rs 3124.75 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 23.77 crore in the year ended March 2018 as against net loss of Rs 6054.34 crore during the previous year ended March 2017. Sales declined 24.10% to Rs 8249.26 crore in the year ended March 2018 as against Rs 10868.11 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales58.873124.75 -98 8249.2610868.11 -24 OPM %18.896.59 -12.1611.57 - PBDT-19.24-385.65 95 -669.95-1108.91 40 PBT-29.00-781.89 96 -1530.62-2229.63 31 NP-556.15-4689.83 88 -23.77-6054.34 100

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First Published: Fri, May 04 2018. 16:53 IST