Business EconomyPosted at: Feb 6 2023 7:31PM

ATL Q3 net profit up 73 pc

New Delhi, Jan 6 (UNI) Adani Transmission Limited (ATL) on Monday reported 73 pc increase in consolidated net profit at Rs 478 crore for the quarter ending December 31, 2022.

The company had reported net profit of Rs 267 crore in the same period last financial year, a statement from the company said.

The company's revenue rose 16% to Rs 3,037 crore in Q3FY23 as compared to Rs 2,623 crore in the year-ago period.

The consolidated operational Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for the period stood at Rs 1,318 crore.

Anil Sardana, MD, Adani Transmission Ltd., said, "ATL is constantly evolving and is already a significant player in the T&D sector. ATL’s growth trajectory remains firm despite the challenging macroeconomic environment. Our pipeline of projects and recently operationalised assets will further strengthen our pan-India presence and consolidate our position as the largest private sector transmission and distribution company in India."

"ATL is consistently benchmarking to be the best-in-class and is pursuing disciplined growth with strategic and operational de-risking, capital conservation, ensuring high credit quality, and business excellence with high governance standards. The journey towards a robust ESG framework and practising a culture of safety is integral to our pursuit of enhanced long-term value creation for all our stakeholders," he said.
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BELAGAVI, APR 20 (UNI):- Chikkodi Lok Sabha Constituency Election Officer Rahul Sindhe flagging off Special Disabled persons awareness rally related to Lok Sabha election, in Belagavi on Saturday. UNI PHOTO-60U

BELAGAVI, APR 20 (UNI):- Special Disabled persons awareness taking out rally related to Lok Sabha election awareness, in Belagavi on Saturday. UNI PHOTO-59U

JAMMU, APR 20 (UNI):- Jammu and Kashmir BJP president flanked by senior leaders addressing a press conference in Jammu on Saturday. UNI PHOTO-58U

HYDERABAD, APR 20 (UNI):- Telangana Chief Electroral Officer, Vikas Raj, TSRTC Managing Director, V C Sajjanar inaugurating a day Photo Exhibition on Voters’ Awareness' by Central Bureau of Communication (CBC), at MGBS, in Hyderabad on Saturday. UNI PHOTOS-57U

RANCHI, APR 20 (UNI):- Police arrested People Liberation Front of India (PLFI) Naxalite Area Commander Soma Hembrome along with PLFI Naxalite Birsa Khandait ahead of Lok Sabha elections at Chaibasa in Ranchi, Jharkhand on Saturday. UNI PHOTO-56U

HYDERABAD, APR 20 (UNI):- Union Minister of Tourism, Culture, Development of North Eastern Region and BJP State President G.Kishan Reddy during a roadshow for Lok Sabha polls, at Mushirabad Assembly constituency, in Secunderabad on Saturday. UNI PHOTO-55U

HYDERABAD, APR 20 (UNI):- Union Minister of Tourism, Culture, Development of North Eastern Region and BJP State President G.Kishan Reddy during a roadshow for Lok Sabha polls, at Mushirabad Assembly constituency, in Secunderabad on Saturday. UNI PHOTO-54U

HYDERABAD, APR 20 (UNI):- Union Minister of Tourism, Culture, Development of North Eastern Region and BJP State President G.Kishan Reddy during a roadshow for Lok Sabha polls, at Mushirabad Assembly constituency, in Secunderabad on Saturday. UNI PHOTO-53U

HYDERABAD, APR 20 (UNI):- Union Minister of Tourism, Culture, Development of North Eastern Region and BJP State President G.Kishan Reddy during a roadshow for Lok Sabha polls, at Mushirabad Assembly constituency, in Secunderabad on Saturday. UNI PHOTO-52U

HYDERABAD, APR 20 (UNI):- Telangana Chief Electroral Officer, Vikas Raj, TSRTC Managing Director, V C Sajjanar inaugurating a Photo Exhibition on Voters’ Awareness' by Central Bureau of Communication (CBC), at MGBS, in Hyderabad on Saturday. UNI PHOTO-51U

HYDERABAD, APR 20 (UNI):- Telangana Chief Electroral Officer, Vikas Raj, TSRTC Managing Director, V C Sajjanar inaugurating a Photo Exhibition on Voters’ Awareness' by Central Bureau of Communication (CBC), at MGBS, in Hyderabad on Saturday. UNI PHOTO-50U

HYDERABAD, APR 20 (UNI):- Telangana Chief Electroral Officer, Vikas Raj, TSRTC Managing Director, V C Sajjanar Inauguration a Photo Exhibition on Voters’ Awareness' by Central Bureau of Communication(CBC), at MGBS in Hyderabad on Saturday. UNI PHOTOS-49U

RANCHI, APR 20 (UNI):– Union Agriculture and Tribal Affairs Minister and President of Archery Association of India (AAI) Arjun Munda conducts a meeting ahead of Archery Tournament for short listed candidates for Paris Olympic 2024. in Ranchi Jharkhand on Saturday. UNI PHOTO-48U

RANCHI, APR 20 (UNI):– Union Agriculture and Tribal Affairs Minister and President of Archery Association of India (AAI) Arjun Munda conducts a meeting ahead of Archery Tournament for short listed candidates for Paris Olympic 2024. in Ranchi Jharkhand on Saturday. UNI PHOTO-47U

RANCHI, APR 20 (UNI):– Union Agriculture and Tribal Affairs Minister and President of Archery Association of India (AAI) Arjun Munda conducts a meeting ahead of Archery Tournament for short listed candidates for Paris Olympic 2024. in Ranchi Jharkhand on Saturday. UNI PHOTO-46U

RANCHI, APR 20 (UNI):– Water tanker spray water to push the dust at an under construction road on a hot and dry summer noon, in Ranchi on Saturday. UNI PHOTO-45U

RANCHI, APR 20 (UNI):– Water tanker spray water to push the dust at an under construction road on a hot and dry summer noon, in Ranchi on Saturday. UNI PHOTO-44U

RANCHI, APR 20 (UNI):– Water tanker spray water to push the dust at an under construction road on a hot and dry summer noon, in Ranchi on Saturday. UNI PHOTO-43U

RANCHI, APR 20 (UNI):– BJP Jharkhand President Babulal Marandi addressing a press conference, in Ranchi on Saturday. UNI PHOTO-42U

RANCHI, APR 20 (UNI):– BJP Jharkhand President Babulal Marandi addressing a press conference, in Ranchi on Saturday. UNI PHOTO-41U