Adani Transmission posts 85% rise in consolidated net in Q4

In a regulatory filing, the company said the increase was primarily driven by one-time income of ‘148 crore from regulatory order in the transmission business (a net positive impact of ’21 crore after adjusting for a provision of ‘131 crore (net of tax ‘101 crore) and aided by a mid-term true-up order by the regulator in AEML.

More To Explore

Indranil Bhattacharyya named new MPC member

Bhattacharyya was appointed the RBI’s executive director in March. He has nearly three decades of experience across areas such as monetary policy, fiscal policy, banking,