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<\/div>\nThe consolidated revenue increased to Rs 3,037 crore in the third quarter of FY2022-23<\/p>\n<\/div>\n
New Delhi: <\/b><\/p>\n
Adani Transmission Ltd (ATL) on Monday posted a nearly 73 per cent jump in its consolidated net profit to Rs 478 crore in the December quarter of 2022-23 on the back of a one-time income gain and higher revenues.\u00a0<\/p>\n
The consolidated net profit of the company was Rs 277 crore in the quarter ended on December 31, 2022.<\/p>\n
The consolidated revenue increased to Rs 3,037 crore in the third quarter of FY2022-23 from Rs 2,623 crore in the same period a year ago.<\/p>\n
Consolidated PAT reported a strong upside of 73 per cent, aided by a one-time income of Rs 240 crore from a regulatory order, a company statement said.<\/p>\n
Adani Transmission MD Anil Sardana said, “ATL’s growth trajectory remains firm despite the challenging macroeconomic environment. Our pipeline of projects and recently operationalised assets will further strengthen our pan-India presence and consolidate our position as the largest private sector transmission and distribution company in India.” Adani Transmission is the country’s largest private transmission company, with a presence across 13 states of India and a cumulative transmission network of 18,795 ckm (circuit kilometers), out of which 15,371 ckm are operational and 3,424 ckm are at various stages of construction.<\/p>\n
It also operates a distribution business, serving more than 12 million consumers in Mumbai and Mundra SEZ.<\/p>\n
ATL shares declined by 10 per cent to close at Rs 1,261.40 on BSE.<\/p>\n
Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company.<\/em><\/strong><\/p>\n (This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)<\/i><\/p>\n <\/span><\/p>\nFeatured Video Of The Day<\/h3>\n