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Adani Transmission reports 14% rise in Q1 consolidated net profit

06 Aug 2021 Evaluate

Adani Transmission has reported results for first quarter ended June 30, 2021.

The company has reported net loss at Rs 19.15 crore for the quarter under review as compared to net profit of Rs 3.68 crore for the same quarter in the previous year. However, total income of the company increased by 21.77% at Rs 206.25 crore for Q1FY22 as compared Rs 169.37 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 13.52% in its net profit attributable to owners at Rs 435.42 crore for the quarter under review as compared to net profit of Rs 383.55 crore for the same quarter in the previous year. Total income of the company increased by 15.45% at Rs 2935.72 crore for Q1FY22 as compared Rs 2542.84 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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