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Adani Transmission reports 33% rise in Q3 consolidated net profit

14 Feb 2020 Evaluate

Adani Transmission has reported results for third quarter ended December 31, 2019.

The company has reported a net loss of Rs 9.26 crore for the quarter under review as compared to net loss of Rs 6.54 crore for the same quarter in the previous year. Total income of the company decreased by 7.75% at Rs 387.66 crore for Q3FY20 as compared Rs 420.23 crore for the corresponding quarter previous year. 

On the consolidated basis, the company has reported a rise of 32.54% in its net profit attributable to owners of the company at Rs 203.67 crore for the quarter under review as compared to Rs 153.67 crore for the same quarter in the previous year. Total income of the company marginally increased by 0.06% at Rs 2835.72 crore for Q3FY20 as compared Rs 2834.10 crore for the corresponding quarter previous year.

Peers
Company Name CMP
NTPC 326.50
Tata Power 364.00
Adani Power 199.60
Power Grid Corpn. 267.00
Adani Energy Solut. 1343.00
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