{"id":286882,"date":"2019-08-09T05:52:21","date_gmt":"2019-08-09T05:52:21","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=286882"},"modified":"2019-08-09T05:52:21","modified_gmt":"2019-08-09T05:52:21","slug":"adani-transmission-profit-rises-to-26-to-rs-213-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-transmission-profit-rises-to-26-to-rs-213-crore\/","title":{"rendered":"Adani Transmission profit rises to 26% to Rs 213 crore"},"content":{"rendered":"<p>Adani Transmission, the transmission business unit of the Adani Group which recently acquired the power distribution of Mumbai, posted a 26% year-on-year (y-o-y) rise in net profit on a consolidated basis to Rs 213.4 crore in June quarter. Revenue for the quarter went up 316% yo-y to Rs 2,889.7 crore as the company included Rs 2,189-crore income from its Mumbai distribution business.<\/p>\n<p>Earnings before interest, taxes, depreciation and amortisation (Ebitda) was Rs 1,194 crore, up 173% y-o-y, of which Rs 584 crore is the contribution of the discom business. At the same time, expenses increased 425% to Rs 2,480.7 with the inclusion of power purchase and fuel costs of Rs 1,107.2 crore towards the discom segment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Transmission, the transmission business unit of the Adani Group which recently acquired the power distribution of Mumbai, posted a 26% year-on-year (y-o-y) rise in net profit on a consolidated basis to Rs 213.4 crore in June quarter. Revenue for the quarter went up 316% yo-y to Rs 2,889.7 crore as the company included Rs 2,189-crore income from its Mumbai distribution business. Earnings before interest, taxes, depreciation and amortisation (Ebitda) was Rs 1,194 crore, up 173% y-o-y, of which Rs 584 crore is the contribution of the discom business. At the same time, expenses increased 425% to Rs 2,480.7 with [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-286882","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=286882"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286882\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=286882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=286882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=286882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}