Adani Transmission Ltd has reported financial results for the period ended June 30, 2020.
Financial Results (Q1 FY 2020-21) - QoQ Comparison
The company has reported total income of Rs.2542.84 crores during the period ended June 30, 2020 as compared to Rs.3317.51 crores during the period ended March 31, 2020.
The company has posted net profit / (loss) of Rs.383.55 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.94.30 crores for the period ended March 31, 2020.
The company has reported EPS of Rs.3.49 for the period ended June 30, 2020 as compared to Rs.0.857 for the period ended March 31, 2020.
|
Total Income | ₹ 2542.84 crs | ₹ 3317.51 crs | -23.35% |
Net Profit | ₹ 383.55 crs | ₹ 94.30 crs | 306.73% |
EPS | ₹ 3.49 | ₹ 0.857 | 307.23% |
Financial Results (Q1 FY 2020-21) - YoY ComparisonThe company has reported total income of Rs.2542.84 crores during the period ended June 30, 2020 as compared to Rs.2889.74 crores during the period ended June 30, 2019.
The company has posted net profit / (loss) of Rs.383.55 crores for the period ended June 30, 2020 as against net profit / (loss) of Rs.213.42 crores for the period ended June 30, 2019.
The company has reported EPS of Rs.3.49 for the period ended June 30, 2020 as compared to Rs.1.94 for the period ended June 30, 2019.
|
Total Income | ₹ 2542.84 crs | ₹ 2889.74 crs | -12% |
Net Profit | ₹ 383.55 crs | ₹ 213.42 crs | 79.72% |
EPS | ₹ 3.49 | ₹ 1.94 | 79.9% |
Speaking on the performance of the company, Mr. Gautam Adani, Chairman, Adani Group, said, "We are steadfast in our pursuit of energizing and ensuring continuous power supply across all regions through our assets in India. Adani Transmission is well positioned to deliver exponential growth and we are working towards fulfilling our nation's electricity needs and strengthening our position as a world class utility. Our increasingly sustainable practices will help ensure ESG driven goals, one that will benefit not only key stakeholders but entire nation".
Mr. Anil Sardana, MD & CEO, Adani Transmission Ltd, said, "Adani Transmission has evolved over the past few years from a high growth developing company to a growing cum mature asset operation company with minimal throughput risk. ATL is constantly benchmarking to be best in class and is pursuing focused approached to be world-class integrated utility through development agenda coupled with de-risking of strategic and operational aspects, capital conservation, ensuring high credit quality and forging strategic partnerships for business excellence and high governance standards. ATL is striving to achieve consumer participation and 24x7 quality power supply despite being disrupted by health and pandemic challenges. The journey towards robust ESG framework and practicing culture of safety is being made integral to its pursuit for enhanced longterm value creation for all stakeholders".
Shares of Adani Transmission Ltd was last trading in BSE at Rs.230.9 as compared to the previous close of Rs. 230.7. The total number of shares traded during the day was 7301 in over 378 trades.
The stock hit an intraday high of Rs. 232.25 and intraday low of 229.9. The net turnover during the day was Rs. 1687272.
Source : Equity Bulls
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