Adani Transmission's revenue of Rs 3,049 crore increased 22percent YoY
Adani Transmission Ltd (ATL), the largest private transmission company in India and part of the globally diversified Adani portfolio, on Wednesday announced its financial and operational performance for the quarter ended June 30, 2022.Consolidated revenue in Q1FY23 witnessed double-digit growth of 22 per cent YoY on account of new transmission lines coming into operation and higher energy demand.Consolidated Operational EBITDA increased 10 per cent YoY to Rs 1,213 crore in the quarter. Consolidated PAT at Rs 168 crore in Q1FY23 ended lower YoY. It is not comparable due to Rs 288 crore one-off income (Rs 238 crore net-off tax) in Q1FY22 and adverse forex movement of Rs 185 crore in the current quarter. Consolidated cash profit (excluding one.....