RattanIndia Power reports Rs 306 cr loss in March quarter

RattanIndia Power on Friday reported a loss of Rs 306.39 crore for the quarter ended March mainly due to lower revenues.

The consolidated net profit of the company was at Rs 39.28 crore in the year-ago period, according to a BSE filing.

Total income during the quarter came down to Rs 1,032.75 crore from Rs 1,343.26 crore in the same period a year ago.

In the 2021-22 fiscal, the consolidated net loss widened to Rs 1,981.45 crore from Rs Rs 941.86 crore in 2020-21.

Total income in the fiscal rose to Rs 3,669.16 crore as compared to Rs 2,634.16 crore in the preceding fiscal.

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