{"id":366464,"date":"2020-08-06T11:52:43","date_gmt":"2020-08-06T06:22:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=366464"},"modified":"2020-08-06T11:52:43","modified_gmt":"2020-08-06T06:22:43","slug":"adani-gas-q1-results-net-profit-drops-42","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-gas-q1-results-net-profit-drops-42\/","title":{"rendered":"Adani Gas Q1 results: Net profit drops 42%"},"content":{"rendered":"<p>NEW DELHI: Adani Gas Ltd, the city gas utility of Adani Group, on Wednesday reported a 42 per cent drop in June quarter net profit as sales volumes got impacted because of the coronavirus lockdown.<\/p>\n<p>Net profit of Rs 46 crore in April-June compared with Rs 79 crore net profit a year back, the company said in a statement.<\/p>\n<p>&#8220;With continued lockdown of 69 days in Q1 FY21 the company witnessed volume impact of 53 per cent as compared to Q1 FY20,&#8221; it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Adani Gas Ltd, the city gas utility of Adani Group, on Wednesday reported a 42 per cent drop in June quarter net profit as sales volumes got impacted because of the coronavirus lockdown. Net profit of Rs 46 crore in April-June compared with Rs 79 crore net profit a year back, the company said in a statement. &#8220;With continued lockdown of 69 days in Q1 FY21 the company witnessed volume impact of 53 per cent as compared to Q1 FY20,&#8221; it said.<\/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":[130,191,136],"tags":[],"class_list":["post-366464","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/366464","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=366464"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/366464\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=366464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=366464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=366464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}