RattanIndia Power Q3 Results: Consolidated net loss widens to Rs 386.69 cr
New Delhi, RattanIndia Power NSE -0.66 % Ltd (RPL) consolidated net loss widened to Rs 386.69 crore in the December quarter, compared to the same period a year ago, due non-operation of Nashik thermal power plant. The company had reported a consolidated net loss of Rs 69.09 crore in the quarter ended on December 31, 2020, the company said in a regulatory filing.
The widening of the consolidated loss in the December quarter was “due to non-operation of Nashik Thermal Power Plant (Sinnar Thermal Power Ltd). That exposure has no bearing on parent RattanIndia Power Ltd,” a company spokesperson said.
