{"id":397726,"date":"2021-01-29T08:46:47","date_gmt":"2021-01-29T03:16:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=397726"},"modified":"2021-01-29T09:48:51","modified_gmt":"2021-01-29T04:18:51","slug":"rattanindia-power-reports-rs-66-crore-loss-in-december-quarter","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rattanindia-power-reports-rs-66-crore-loss-in-december-quarter\/","title":{"rendered":"RattanIndia Power reports Rs 66 crore loss in December quarter"},"content":{"rendered":"<p>RattanIndia Power on Thursday reported a consolidated net loss of Rs 66.09 crore in the December quarter.<\/p>\n<p>Its consolidated net profit was Rs 1,657.81 crore in the December 2019 quarter mainly due to certain exceptional items (gains), according to a regulatory filing. <\/p>\n<p>Total income of the company for the quarter under review rose to Rs 742.04 crore from Rs 398.41 crore in same period a year ago.<\/p>\n<p>The company had gained Rs 55.93 crore on account of modification in terms of new secur1ties issued to its erstwhile lenders under the terms of One Time Settlement proposal.<\/p>\n<p>The erstwhile lenders of the company had assigned a debt of Rs 7,853.31 crore to Aditya Birla ARC Ltd (ABARC) out of which Rs 1,654.48 crore was waived and hence was recorded as an exceptional gain.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RattanIndia Power on Thursday reported a consolidated net loss of Rs 66.09 crore in the December quarter. Its consolidated net profit was Rs 1,657.81 crore in the December 2019 quarter mainly due to certain exceptional items (gains), according to a regulatory filing. Total income of the company for the quarter under review rose to Rs 742.04 crore from Rs 398.41 crore in same period a year ago. The company had gained Rs 55.93 crore on account of modification in terms of new secur1ties issued to its erstwhile lenders under the terms of One Time Settlement proposal. The erstwhile lenders of [&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-397726","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\/397726","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=397726"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/397726\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=397726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=397726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=397726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}