Business Standard

Adani Transmission's profit before tax rises 50% in June quarter

For the April to June period, Adani Transmission reported a PBT and deferred assets recoverable of Rs 481.97 crore, up 50 per cent.

power, electricity, IIP, demand, discoms, distribution, companies, firms, transmission, transformer, workers
Premium

Profit After Tax (PAT) for the company was at Rs 355.4 crore, higher by 67 per cent

Amritha Pillay Mumbai
Adani Transmission, which distributes power to Mumbai, reported a 50 per cent jump in profit before tax (PBT), helped by a regulatory income in the quarter ended in June. 

For the April to June period, Adani Transmission reported a PBT and deferred assets recoverable of Rs 481.97 crore, up 50 per cent. Profit After Tax (PAT) for the company was at Rs 355.4 crore, higher by 67 per cent. 

The company said PBT saw a positive impact of Rs 330 crore from the Appellate Tribunal for Electricity’s order in favour of Maharashtra Easter Grid Power Transmission Company in the transmission business. The

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in