Adani Transmissions Ltd’s consolidated net profit drops to less than half at Rs 58.97 cr for Q4FY20

New Delhi: Adani Transmissions Ltd’s consolidated net profit dropped to less than half at Rs 58.97 crore for the fourth quarter of 2019-20 fiscal as against a consolidated net profit of Rs 146.70 crore in the same period of the previous fiscal. The consolidated revenue from operations of the company rose by 8 percent to Rs 2,474.12 crore for the fourth quarter of the last fiscal as compared to Rs 2,281.71 crore in the same period of the previous fiscal.

For the entire fiscal 2019-20, the consolidated net profit jumped 26 percent at Rs 706.49 crore as compared to consolidated net profit of Rs 559.20 crore in the previous fiscal.

For the entire fiscal 2019-20, the consolidated revenue from operations jumped 62 percent to Rs 10,491.35 crore as compared to consolidated revenue from operations of Rs 6,463.07 crore in the previous fiscal, the company said in a regulatory filing.

 

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