{"id":348478,"date":"2020-04-28T09:28:13","date_gmt":"2020-04-28T03:58:13","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=348478"},"modified":"2020-04-28T09:28:13","modified_gmt":"2020-04-28T03:58:13","slug":"adani-power-q4-pre-tax-loss-widens-to-rs-1652-6-cr-due-to-high-expenses","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-power-q4-pre-tax-loss-widens-to-rs-1652-6-cr-due-to-high-expenses\/","title":{"rendered":"Adani Power Q4 pre-tax loss widens to Rs 1652.6 cr due to high expenses"},"content":{"rendered":"<p>Adani Power on Monday reported a loss before tax of Rs 1,652.6 crore for the March 2020 ended quarter. The firm\u2019s losses widened from Rs 84.12 crore seen in the corresponding quarter a year ago, on the back of higher expenses. <\/p>\n<p>The company\u2019s total income fell to Rs 6,327.57 crore in the quarter from Rs 8,077.89 crore in the year-ago period. Total expenses for the quarter under review was at Rs 7,980.17 crore as compared to Rs 8,162.01 crore in same period a year ago. <\/p>\n<p>Adani Power\u2019s consolidated net loss for the March quarter was at Rs 1,312.86 crore, mainly due higher operating cost, against a net profit of Rs 634.64 crore reported a year ago. A company executive said the loss was due to rise in operational costs in the quarter and entire financial year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Power on Monday reported a loss before tax of Rs 1,652.6 crore for the March 2020 ended quarter. The firm\u2019s losses widened from Rs 84.12 crore seen in the corresponding quarter a year ago, on the back of higher expenses. The company\u2019s total income fell to Rs 6,327.57 crore in the quarter from Rs 8,077.89 crore in the year-ago period. Total expenses for the quarter under review was at Rs 7,980.17 crore as compared to Rs 8,162.01 crore in same period a year ago. Adani Power\u2019s consolidated net loss for the March quarter was at Rs 1,312.86 crore, mainly [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-348478","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=348478"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348478\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=348478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=348478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=348478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}