Adani Power Q3 net consolidated loss widens to Rs 619 cr

Feb 07 2013, 14:52 IST
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Adani Power Chairman Gautam Adani said the domestic outlook for the power sector seems set to improve.  (Reuters) Adani Power Chairman Gautam Adani said the domestic outlook for the power sector seems set to improve. (Reuters)
SummaryThe private power producer had a consolidated net loss of Rs 356.3 crore in the 2011 December quarter.

Meanwhile, the company's board today approved re-appointment of Rajesh S Adani as a Managing Director of the company for a period five years starting from April 1, 2013, according to a regulatory filing.

Shares of Adani Power dropped nearly four per cent to Rs 61.25 in late afternoon trade on the BSE.

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