{"id":466054,"date":"2022-02-04T08:59:53","date_gmt":"2022-02-04T03:29:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=466054"},"modified":"2022-02-04T09:27:28","modified_gmt":"2022-02-04T03:57:28","slug":"adani-transmission-net-profit-dips-40-to-rs-277-cr-in-dec-quarter","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-transmission-net-profit-dips-40-to-rs-277-cr-in-dec-quarter\/","title":{"rendered":"Adani Transmission net profit dips 40% to Rs 277 cr in Dec quarter"},"content":{"rendered":"<p>Adani Transmission on Thursday reported a 40 per cent decline in its consolidated net profit to Rs 277 crore for the December 2021 quarter.<\/p>\n<p>The company had reported a consolidated net profit of Rs 464 crore in the quarter ended December 31, 2020, according to a BSE filing.<\/p>\n<p>Its total income during October-December 2021 rose to Rs 3,085.20 crore, from Rs 2,734.04 crore in the year-ago period.<\/p>\n<p>&#8220;In Q3 (third quarter), the consolidated PAT (profit after tax) decline of Rs 187 crore, (-)40.3 per cent y-o-y decline. <\/p>\n<p>&#8220;Q3FY22 PAT (October-December 2021) not comparable y-o-y on account of Rs 62 crore reversal of earlier interim power purchase bill, one-time deferred tax assets creation of Rs 129 crore and forex MTM gain of Rs 40 cr in Q3FY21 (October-December 2020) in (electricity) distribution business,&#8221; the company said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Transmission on Thursday reported a 40 per cent decline in its consolidated net profit to Rs 277 crore for the December 2021 quarter. The company had reported a consolidated net profit of Rs 464 crore in the quarter ended December 31, 2020, according to a BSE filing. Its total income during October-December 2021 rose to Rs 3,085.20 crore, from Rs 2,734.04 crore in the year-ago period. &#8220;In Q3 (third quarter), the consolidated PAT (profit after tax) decline of Rs 187 crore, (-)40.3 per cent y-o-y decline. &#8220;Q3FY22 PAT (October-December 2021) not comparable y-o-y on account of Rs 62 crore [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-466054","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/466054","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=466054"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/466054\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=466054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=466054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=466054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}