Orient Green Power Q4 loss widens to Rs 25 crore

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NEW DELHI:

Orient Green Power

Company on Friday reported widening of

consolidated net loss

to Rs 25.25 crore for March quarter FY24 on account of lower

income

. It had incurred a loss of Rs 18.97 crore in the year-ago period, the company said in an exchange filing.
Total income fell to Rs 39.12 crore from Rs 46.45 crore in January-March FY23.

Expenses

stood at Rs 61.59 crore as against Rs 71.99 crore a year ago.
The company’s board also approved reappointment of T Shivaraman as Managing Director & CEO of the company for a further period of five years with effect from March 30, 2025.