Devang Desai, CFO Adani group and executive director said, "Quarterly financial performance has been adversely affected due to sudden currency volatility and continuing constraints of coal availability, transmission bottleneck and tariff related issues in the power business."
Adani Enterprises is looking forward to margin improvement in FY14 , once it starts charging higher tariff from consumers.
At Edelweiss’ conference infrastructure panel including Lalit Jalan, CEO and whole time director of Reliance Infra, Devang Desai, chief financial officer of Adani Enterprises and M Sangameswaran, co-head— infra fund of ICICI Ventures speak about the sector and give their outlook going forward.
In an interview with CNBC-TV18, Devang Desai, CFO, Adani Group, speaks about the results and gives his outlook going forward.