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Adani Transmission reports 43% rise in Q2 consolidated net profit

05 Nov 2018 Evaluate

Adani Transmission has reported results for second quarter ended September 30, 2018.

The company has reported net profit of Rs 22.61 crore for the quarter under review as against net loss of Rs 20.12 crore for the same quarter in the previous year. Total income of the company increased by 11.76% at Rs 472.95 crore for Q2FY19 as compared Rs 423.17 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 42.75% in its net profit at Rs 95.20 crore for the quarter under review as compared to Rs 66.69 crore for the same quarter in the previous year. Total income of the company increased by 93.80% at Rs 1,457.17 crore for Q2FY19 as compared Rs 751.91 crore for the corresponding quarter previous year.

Peers
Company Name CMP
NTPC 314.00
Tata Power 352.45
Adani Power 195.50
Power Grid Corpn. 249.75
Adani Energy Solut. 1363.50
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