Tuesday 3 November 2015

Adani Power Q2 cons net loss at Rs.369 crore

The total income for Q2 is at Rs.5,784 crore.


Adani Power
Adani Power Ltd has posted results for the second quarter ended 30th September, 2015.

The net loss for the quarter stands at Rs. 369 crore.

The total income for Q2 is at Rs.5,784 crore.

The EBITDA Margin for Q2 is at 31.5%. 

The company has announced that the Board of Directors of the Company at its meeting held on November 03, 2015, inter alia, has approved the following:

Issue of equity shares on preferential basis to the promoter and promoter group of the Company up to 39.81 crores equity shares at a price being not less than the price determined in accordance with SEBI (ICDR) Regulations, 2009 subject to approval of members by postal ballot process and any other approval, if required.

Vneet S. Jaain, Executive Director has been re-designated as Whole-time Director of the Company subject to approval of members, if required.

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