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Adani Power reports Rs 358.12 crore loss on higher coal prices
Suresh Krishnan, Managing Director of Zuari Industries told NDTV Profit that a mix of production and manufacturing has led to a decline in profits in the October-December quarter
06 Feb 2012, 01:52 PM IST 
People wait in line during a job fair for Home Depot at the WorkSource Oregon Thursday, 2 February, 2012
Adani Power has reported disappointing numbers for the third quarter. Net sales (standalone) declined to Rs 1,059.45 crore in the third quarter ending December 2011 against Rs 1,072.44 crore in the corresponding quarter of last fiscal (year-on-year). The company reported a loss of Rs 358.12 crore in Q3 FY12 against a profit of Rs 177.48 crore in Q3 FY11.A poll of brokers conducted by NDTV Profit had expected sales at Rs 1,221 crore a...
