{"id":337394,"date":"2020-02-14T11:37:14","date_gmt":"2020-02-14T06:07:14","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=337394"},"modified":"2020-02-14T11:37:14","modified_gmt":"2020-02-14T06:07:14","slug":"adani-transmission-q3-net-rises-33-year-on-year-to-rs-204-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-transmission-q3-net-rises-33-year-on-year-to-rs-204-crore\/","title":{"rendered":"Adani Transmission Q3 net rises 33% year-on-year to Rs 204 crore"},"content":{"rendered":"<p>Adani Transmission on Thursday reported a 32.5% y-o-y increase in consolidated net profit to Rs 204 crore in the October-December quarter of 2019 on sharp increase in operating margins. Operating margins for the December quarter rose 1,069 basis points on year to 43.31% as overall expenses fell. The overall expenses were lower by 6.7% y-o-y at Rs 2,477.75 crore as the cost of power purchased for the third quarter fell 21.29% y-o-y to Rs 667.67 crore, and the cost of fuel consumed fell 17% y-o-y to Rs 233 crore. Revenue from operations rose 3% y-o-y to Rs 2,572 crore on higher revenue contribution from the transmission business, even as the revenue from distribution business fell marginally 1% during the quarter. Adani Transmission\u2019s operating profit for the December quarter was higher by 37% y-o-y at Rs 1,114 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Transmission on Thursday reported a 32.5% y-o-y increase in consolidated net profit to Rs 204 crore in the October-December quarter of 2019 on sharp increase in operating margins. Operating margins for the December quarter rose 1,069 basis points on year to 43.31% as overall expenses fell. The overall expenses were lower by 6.7% y-o-y at Rs 2,477.75 crore as the cost of power purchased for the third quarter fell 21.29% y-o-y to Rs 667.67 crore, and the cost of fuel consumed fell 17% y-o-y to Rs 233 crore. Revenue from operations rose 3% y-o-y to Rs 2,572 crore on [&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-337394","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\/337394","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=337394"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/337394\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=337394"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=337394"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=337394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}