RattanIndia Power Q1 results: Net loss narrows to Rs 450 cr

The company's total income stood at Rs 268.07 crore in the June 2020 quarter, significantly lower against Rs 613.85 crore a year ago, according to a BSE filing.

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About the COVID-19 situation, it said, "On a long-term basis, the group does not anticipate any major challenge in meeting its financial obligations."
NEW DELHI: RattanIndia Power's consolidated net loss narrowed to Rs 450.78 crore in the June 2020 quarter.

Its net loss had stood at Rs 488.06 crore in the corresponding period a year ago.

The company's total income stood at Rs 268.07 crore in the June 2020 quarter, significantly lower against Rs 613.85 crore a year ago, according to a BSE filing.


About the COVID-19 situation, it said, "On a long-term basis, the group does not anticipate any major challenge in meeting its financial obligations."

The firm's operations fall under "power generation and allied activities" businesses only.
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