Adani Transmission net up nearly 22% at Rs 433 cr in April-June quarter
Adani Transmission posted nearly 22 per cent rise in its consolidated net profit at Rs 433.24 crore in the June quarter this year, mainly on the back of higher revenues.
The consolidated net profit of the firm was at Rs 355.40 crore in the quarter ended on June 30, 2020, the company said in a regulatory filing.
Total income rose to Rs 2,935.72 crore in the quarter under review, from Rs 2,542.84 crore in the same period last year.
In the first quarter of this fiscal, the company operationalized 207 ckm (circuit km) in the Obra line with a total network at 18,801 ckm.
Distribution losses were at 6.88 per cent in the quarter, compared to 13.47 per cent in the year-ago period.
