May 14, 2012, 05.36 PM IST

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.

Source: Moneycontrol.com
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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.


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