Adani Transmission Q4 net dips 60 per cent on one-time write-off; FY21 margins protected

Billionaire Gautam Adani’s electricity transmission firm ATL on Saturday reported a 60 per cent drop in its consolidated net profit in the fourth quarter on the back of one-time refinancing charge.

Adani Transmission Ltd’s (ATL) net profit in January-March at Rs 58.97 crore was 60 per cent lower than Rs 146.7 crore net profit in the same quarter last year, the company said in a statement.