Adani Transmission PAT up 82% at Rs 1,290 cr in FY21 despite dip in revenue

The firm's revenue for fiscal 2021 was down 14% to Rs 8,840 cr on a consolidated basis

Adani Transmission Limited, India’s largest electricity transmission company in the private sector, today announced a cash profit of Rs 2,929 crore in the fiscal 2021, up 45 per cent year-on-year, and a profit after tax of Rs 1,290 crore, up 82 per cent.

For the fourth quarter, the company’s cash profit was Rs 639 crore, a rise of 51 per cent and PAT was up 333 per cent YoY to Rs 257 crore. The company’s revenue for the fiscal 2021 was, however, down by 14 per cent to  Rs 8,840 crore on a consolidated basis. This was mainly due to lower