HomeNewsBusinessEarningsAdani Power Q1 loss may halve, generation likely to fall 10-15%

Adani Power Q1 loss may halve, generation likely to fall 10-15%

Adani Power's first quarter consolidated loss may get narrowed to Rs 205 crore from Rs 417 crore in year-ago period, according to average of estimates of analysts polled by CNBC-TV18.

August 09, 2016 / 10:59 IST
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Adani Power's first quarter consolidated loss may get narrowed to Rs 205 crore from Rs 417 crore in year-ago period, according to average of estimates of analysts polled by CNBC-TV18.

Revenue is seen falling 6.6 percent to Rs 5,523 crore from Rs 5,914 crore YoY.

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Operating profit may jump 12 percent to Rs 1,781 crore and margin may expand 530 basis points to 32.3 percent on yearly basis.

Analysts expect-10-15 percent decline in generation-Lower generation at Tiroda (due to water shortage) and Mundra (plant maintenance issues and boiler accident)-EBITDA to increase as lower fuel and operation & maintenance costs will offset the decline in revenues