AHMEDABAD: Adani Transmission Limited (ATL) which has now been rebranded as Adani Energy Solutions Limited (AESL) on Monday posted an 8% rise in its consolidated net profit for the first quarter of 2023-24 at Rs 182 crore. The consolidated net profit of the company was Rs 168.46 crore in the corresponding quarter of FY 2023, ASEL said.
The total income of the company rose to Rs 3,772.25 crore from Rs 3,249.74 crore during the same period.
During the quarter, the company added 550 ckm of capacity in Q1 FY23 and maintained system availability at 99.77%. Energy demand (units sold) improved by 8% YoY during the quarter, driven by a marginal increase in commercial segment demand.
