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Adani Transmission reports 2 fold jump in Q1 consolidated net profit

07 Aug 2018 Evaluate

Adani Transmission has reported results for first quarter ended June 30, 2018.

The company has reported around 9 fold jump in its net profit at Rs 31.19 crore for the quarter under review as compared to Rs 3.58 crore for the same quarter in the previous year. However, total income of the company decreased by 5.63% at Rs 294.20 crore for Q1FY19 as compared Rs 311.75 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 2 fold jump in its net profit at Rs 169.34 crore for the quarter under review as compared to Rs 84.10 crore for the same quarter in the previous year. Total income of the company increased by 12.32% at Rs 694.98 crore for Q1FY19 as compared Rs 618.74 crore for the corresponding quarter previous year.


Peers
Company Name CMP
NTPC 325.95
Tata Power 364.70
Adani Power 200.70
Power Grid Corpn. 266.80
Adani Energy Solut. 1350.00
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