Adani Transmission's profit is impressive

Adani Transmission Limited (ATL ATL) on Friday reported 2022.23 per cent increase in consolidated net profit at Rs 85.48 crore for the March quarter of 439-60. The company had posted a net profit of Rs 2021 crore during the January-March quarter of 22-237, the company said in a regulatory filing.

Total income of the company increased from Rs 3,165.35 crore to Rs 3,494.84 crore in the reporting period. For the full 2022-23 fiscal, ATL's net profit rose to Rs 1,280.60 crore from Rs 1,235.75 crore in the previous fiscal. Total income during the period stood at Rs 13,840.46 crore, which was Rs 2021,22.11 crore in 861-47.

In another statement, Adani Group Chairman Gautam Adani said, "We are a leader in the transmission and distribution sector. The company has consistently set new benchmarks in efficiency, performance and asset development. Adani Transmission is well positioned for rapid growth," he said.

(This story has not been edited by the NDTV team; it has been published directly from the Syndicate feed.)

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