Adani Transmission reported -6.50% fall in total revenues for the Dec-20 quarter on consolidated basis at Rs2,597.02cr. The largest segment of the revenues, Mumbai GTD business, saw an 18% yoy fall in revenues due to lower industrial demand. The revenues from transmission and trading were higher on a yoy basis.
The consolidated Profit after tax (PAT) for the Dec-20 quarter was up 94.09% at Rs395.31cr. The bottom line was helped by a sharp fall in power procurement costs as well as a spike in other income. As a result, the PAT margins more than doubled from 7.33% in Dec-19 to 15.22% in Dec-20.
Financial highlights for Dec-20 compared yoy and sequentially
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Adani Transmission |
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Rs in Crore |
Dec-20 |
Dec-19 |
YOY |
Sep-20 |
QOQ |
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Total Income (Rs cr) |
₹ 2,597.02 |
₹ 2,777.52 |
-6.50% |
₹ 2,156.19 |
20.44% |
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Net Profit (Rs cr) |
₹ 395.31 |
₹ 203.67 |
94.09% |
₹ 206.76 |
91.19% |
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Diluted EPS (Rs) |
₹ 3.08 |
₹ 0.93 |
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₹ 1.37 |
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Net Margins |
15.22% |
7.33% |
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9.59% |
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