New Delhi: Shares of Adani Transmission Ltd today fell by 5 per cent after the company reported nearly 39 per cent drop in consolidated net profit for the quarter ended September 30.
The scrip dropped 4.55 per cent to Rs 41.95 on BSE. On NSE, it plunged 4.99 per cent to Rs 41.85.
Adani Transmission Ltd yesterday reported a 38.63 per cent drop in consolidated net profit at Rs 99.54 crore for the July-September period, the second quarter of the current fiscal.
The company's net profit after taxes (PAT), minority interest and share of profit of associates had stood at Rs 162.20 crore in the September quarter of 2015-16, Adani Transmission Ltd said in a BSE filing.
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