Adani Transmission shares jump 10% after Q3 results

New Delhi, Jan 18 (PTI) Shares of Adani Transmission Ltd(ATL) today surged 10 per cent after the company'sconsolidated profit after tax (PAT) saw an eight-fold rise inthe quarter through December 2017

New Delhi, Jan 18 (PTI) Shares of Adani Transmission Ltd

(ATL) today surged 10 per cent after the company’s

consolidated profit after tax (PAT) saw an eight-fold rise in

the quarter through December 2017.

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The stock gained 8.90 per cent to Rs 252 – its 52-week

high – on BSE.

At NSE, shares of the company soared 9.99 per cent to

touch its one-year high of Rs 254.20.

Adani Transmission yesterday said its consolidated PAT

saw an eight-fold rise at Rs 842 crore in the quarter through

December 2017.

The company had posted a PAT of Rs 99.28 crore during the

corresponding period of the previous fiscal.

Its consolidated income rose to Rs 1,807.81 crore during

the period under review as against Rs 734.43 crore in the

corresponding period of the previous fiscal.

This is published unedited from the PTI feed.

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