PTI NEW DELHI: Orient Green Power Company today reported a consolidated net loss of Rs 21.06 crore in the sector quarter ended September 30.
The company had recorded a Rs 1.97 crore profit in the same period last fiscal, said Orient Green Power Company Ltd in a BSE filing today.
According to the statement, the company's consolidated income from operation was Rs 138.61 crore during the quarter under review as compared to Rs 151.42 crore in the same period a year ago.
The group operates only in generation of power through renewable sources.
It added that the operations of the group are seasonal in nature and the performance of any quarter may not be representative of the annual performance.
Further, the biomass plants of the group had shut down during the first half year of the current fiscal on account of business or operational reasons, the company said.
The company had recorded a Rs 1.97 crore profit in the same period last fiscal, said Orient Green Power Company Ltd in a BSE filing today.
According to the statement, the company's consolidated income from operation was Rs 138.61 crore during the quarter under review as compared to Rs 151.42 crore in the same period a year ago.
The group operates only in generation of power through renewable sources.
It added that the operations of the group are seasonal in nature and the performance of any quarter may not be representative of the annual performance.
Further, the biomass plants of the group had shut down during the first half year of the current fiscal on account of business or operational reasons, the company said.
Read More News on
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Read More News on
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Pick the best stocks for yourself
Powered by
