📢Adani Transmission with a PE over 100 posted Revenue Growth of 16%
Q3 Result [THREAD🧵]
1) ATL operates in 2 segments:
a) Transmission: Power transfer from generating station to substation
b) Distribution: Power distribution from substation to consumers
#AdaniGroup #Adani
2) The company's profits, not including a one-time gain of 240 Crores, fell 14% compared to last year, making it 238 Crores.
However, if we include the one-time gain, the profit becomes 478 Crores."
3) The company's revenue increased by 16% to reach 3,037 Crores Rupees, with distribution business contributing 69% and transmission business contributing 31%
4) Adani Transmission expanded its operational network by 371 Circuit Kilometers during the third quarter of the fiscal year 2023, bringing the total network length to 18,795 Circuit Kilometers.
A Circuit Kilometer refers to the actual length of the line.
5) Adani Transmission has a total capacity at 40,001 MVA. Transmission capacity grew by 3.5% in Q3
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