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Adani Power’s net loss reduces to Rs.369 crore in Q2

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9 years ago

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Kolkata: Adani Group-owned Adani Power on Tuesday said its net loss for the quarter ended September 30 has narrowed down to Rs.369 crore as against the net loss of Rs.799 crore suffered in the corresponding quarter in the last fiscal.

The company’s total income in the July-September period, however, increased by 39 percent at Rs.5,784 crore as against Rs.4,175 crore in similar months in last fiscal (2014-15).

EBITDA also jumped by 47 percent in the months under review at Rs.1,824 crore as compared to Rs.1,243 crore in the corresponding period of last quarter.

“Adani Power remains committed to continue expanding towards the goal of achieving a power generation capacity of 20,000 MW by 2020 to bridge the power deficit in the country,” Gautam Adani, chairman of Adani Power, said in a statement.

Interest expenses of the power firm during the quarter increased to Rs.1,605 crore due to one-time impact of Rs.98 crore towards prepayment penalty charges paid for refinancing of loans.

As per the company, refinancing of rupee loans would reduce the interest costs going forward.

“Our results show increased power generation from the total installed capacity of 10,480 MW. Improvement in operational performance and focused efforts has contributed significantly to the financial performance of the quarter,” chief executive officer of the company Vneet Jaain said.

Shares of the company were trading at Rs.31.10 on the Bombay Stock Exchange in the afternoon trade – down by 1.58 percent.

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Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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