Adani Power Q4 standalone net loss widens to ₹351 cr

Updated - May 06, 2021 at 09:06 PM.

For the financial year ended March 31, 2021, the company posted standalone net loss of ₹503 crore

CHENNAI : TAMILNADU : 04/02/209 : FOR CITY: High Tension power cables do promise total support to the growth in industrial front and normal life. A scene near Tirunelveli. Photo : K. Pichumani/ The Hindu

Our Bureau Adani Power Limited widened its standalone net loss of ₹351 crore for the quarter ended March 31, from ₹79 crore in the corresponding quarter a year ago.

The standalone revenues from operations stood at ₹346 crore (₹531 crore).

For the financial year ended March 31, 2021, the company posted standalone net loss of ₹503 crore against ₹1,341 crore in the previous year. Revenues from operations stood at ₹447 crore (₹1,005 crore).

On consolidated basis, Adani Power’s net profit stood at ₹13 crore against a net loss of ₹1,313 crore in the same quarter a year ago. Consolidated revenues from operations stood at ₹6,373 crore — up from ₹6,172 crore in the previous year.

Consolidated EBITDA for fourth quarter of the fiscal was at ₹2,143 crore (₹360 crore).

For the fiscal 2020-21, the company’s net profit stood at ₹1,270 crore against a net loss of ₹2,275 crore in the previous year. The company informed that its consolidated EBITDA for fiscal 2020-21 stood at ₹10,597 crore (₹7,059 crore).

Adani Power shares ended at ₹96.90 on the BSE.

Published on May 6, 2021 15:36