Adani Transmission profit up 67% in June qtr, income drops to Rs 2,543 cr

The electricity distribution losses stood at 13.47 per cent in the quarter compared to 7.78 per cent in the same period last year

Adani Transmission on Friday posted 66.52 per cent jump in consolidated net profit at Rs 355.40 crore for June quarter 2020-21. In the year-ago period, the company clocked a profit of Rs 213.42 crore, a BSE filing said.

Total income in June quarter was Rs 2,542.84 crore as compared to Rs 2,889.74 crore in the same period last year.

The company sold 1,728 million units(MU) of electricity in the quarter under review as against 2,422 MU in the year-ago period.

The electricity distribution losses stood at 13.47 per cent in the quarter compared to 7.78 per cent in the same