Adani Power on Thursday said its consolidated net loss widened to Rs 682.46 crore in the June quarter, mainly due to lower revenues on account of low power demand during the lockdown. The company had posted a net loss of Rs 263.39 crore for the same period last year.
The total income of the company in the quarter declined to Rs 5,356.19 crore, from Rs 8,014.50 crore in the year-ago period, Adani Power said in a BSE filing. The company’s consolidated net loss was Rs 2,274.77 crore for 2019-20, while total income stood at Rs 27,841.81 crore in the fiscal.
