Coal news and updates

Adani Power posts net loss of Rs 426.26 crore in Q3

January 27: Adani Power Limited (APL), a part of the Adani Group, has posted a net loss of Rs 426.26 crore during the quarter ended December 31, 2013, as compared to a net loss of Rs 507.09 crore incurred during the corresponding quarter of FY'13, according to the company's filing at BSE.

During Q3 of FY'14, net sales of the company stood at Rs 2,499.62 crore against 1,687.11 crore earned during Q3 of FY'13.

On the other hand, total expenses of APL stood at Rs 2,330.63 crore as compared to Rs 1,767.40 crore incurred in Q3 of FY'13.