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

    Synopsis

    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.

    loss-1Getty Images
    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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