Adani Power Ltd (APL) on Thursday reported narrowing of its net loss to Rs 702.40 crore for the quarter ended on December 31, 2019.
The company had posted a net loss of Rs 1,180.78 crore in the year-ago quarter, APL said in a BSE filing. Total income rose to Rs 6,684.52 crore in the quarter under consideration as against Rs 6,667.11 crore in the year-ago quarter.
Total expenses in December quarter stood at Rs 7,333.07 crore as compared to Rs 7,507.61 crore in same period of 2018-19.
“During the Q3 FY 2019-20, APL, along with the power plants of its subsidiaries at Mundra,Tiroda, Kawai, and Udupi achieved an average plant load factor (PFL) of 70% while the Raipur power plant of REL achieved a PLF of 55%,” the filing said.
