Adani Transmission First Quarter Profit Rise Up to 26% in April-June 2019

Adani Transmission reported a hike of 26% in the net profit to INR 213.42 crore on August 8 for the June quarter. The company’s net profit was INR 169.34 crore in the last year’s same quarter, said in BSE filing.

The consolidated net profit of the company increased to INR 2,889.74 Crore during the Apr-Jun 2019 from INR 694.9 Crore in the last fiscal’s same quarter.

The company has delivered the best possible financial & operational performance in June quarter, Anil Sharma, CEO & MD of Adani Transmission said.

About Adani Transmission:

Adani Transmission is one of the finest and profitable business wings of the Adani Group. One of India’s largest private transmission company with a huge network or around 14,217 circuit kilometers. Among them, 11,348 circuit kilometers is well operational while 2,869 circuit kilometers is in the construction stage.

At 03:58 PM August 8, 2019, the share price was quoting INR 213.65 up INR 7.35 or 3.56% on NSE.

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