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Adani Transmission Limited reports 32 per cent rise in profits

Adani Transmission Limited (ATL) has reported has a 32 per cent increase in profits for the December 2019-ended quarter on the back of strong operational performance.In Q3, ATL raked in profits of Rs 2014 crore when compared to Rs 154 crore posted in the December 2018-ended quarter.Revenues in Q3 for ATL saw a 3 per cent rise to Rs 2,572 crore when compared to Rs 2,495 crore in the comparable period.Gautam Adani, Chairman, Adani Group, said in a statement that there is abundant potential and significant growth in India’s transmission sector in the coming years. "With the Government's core focus towards the objective of 24x7 Power for all, Adani Transmission Limited with its widespread network and continuous growth looks forward to expand it.....

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