*Adani Transmission Ltd.* | *CMP* Rs. 1787 | *M Cap* Rs. 196520 Cr | *52 W H/L* 1990/280
(Nirmal Bang Retail Research)
*Result declining*
Revenue from Operations came at Rs. 2541.4 Cr (-10.2% QoQ, 17.9% YoY) vs QoQ Rs. 2829.7 Cr, YoY Rs. 2156.2 Cr
EBIDTA came at Rs. 954 Cr (-31.4% QoQ, -4.2% YoY) vs QoQ Rs. 1390.4 Cr, YoY Rs. 995.8 Cr
EBITDA Margin came at 37.5% vs QoQ 49.1%, YoY 46.2%
Adj. PAT came at Rs. 272.6 Cr vs QoQ Rs. 435.4 Cr, YoY Rs. 206.8 Cr
Quarter EPS is Rs. 2.5
Share is trading at P/E of 146.5x TTM EPS