Adani Transmission today reported consolidated net profit of Rs 95.28 crore for the March quarter.
The company had posted a net loss after taxes, minority interest and share of loss of associates of Rs 12.92 crore in January-March period of 2014-15 fiscal, Adani Transmission said in a BSE filing.
Total income from operations (net) of the company increased to Rs 638.12 crore in the same quarter of 2015-16 fiscal, over Rs 123.88 crore in the year-ago period.
Total expenses increased to Rs 290.87 crore in the quarter under review as against Rs 65.92 crore in the same period a year ago.
Adani Group Chairman Gautam Adani said, "Our operating performance in FY16 has set the best benchmark in the country in terms of system availability which ranges from 99.57 per cent to 99.94 per cent."
"Adani Transmission continues to maintain its leadership position in the country and is poised to keep growing leverage benefits of new opportunities and create value for its stake holders," the company said.
Adani Transmission Limited is the transmission business arm of the Indian business conglomerate - Adani Group.
Adani Transmission Limited is a leading private sector transmission company in India with over 5,000 circuit kms of operational transmission lines across western and northern regions of India along with 12,000 MVA transformation capacity.
