Adani Energy Solutions Q2 Profit Rises 145% to Rs. 13.64 bn
POWER & RENEWABLE ENERGY

Adani Energy Solutions Q2 Profit Rises 145% to Rs. 13.64 bn

Adani Energy Solutions reported a 145 per cent year-on-year increase in consolidated profit after tax to Rs. 13.64 bn in the second quarter of FY27, compared with Rs. 5.57 bn in the corresponding period last year. The quarter ended 30 September 2026.

Total income rose 51 per cent to Rs. 102.39 bn from Rs. 67.67 bn a year earlier. Operational revenue also increased 51 per cent to Rs. 71.67 bn from Rs. 47.4 bn. Earnings before interest, taxes, depreciation and amortisation (EBITDA) grew 67 per cent to Rs. 35.48 bn, while operating EBITDA rose 68 per cent to Rs. 30.7 bn.

The transmission business recorded a 17 per cent increase in operating revenue to Rs. 15.21 bn, and operating EBITDA grew 15 per cent to Rs. 13.94 bn. Distribution operating revenue increased 2 per cent to Rs. 31.81 bn, while operating EBITDA rose 23 per cent to Rs. 6.05 bn. Smart metering revenue increased 129 per cent to Rs. 2.67 bn, with operating EBITDA rising 146 per cent to Rs. 2.26 bn.

The company completed 14.8 mn cumulative smart meter installations by the end of the first half of FY27. Its smart meter order book stood at 24.6 mn meters, representing revenue potential of Rs. 295.19 bn. During the quarter, it secured the Vizag Power Transmission and Satara Power Transmission projects.

The transmission project pipeline under construction was around Rs. 870 bn, while near-term tendering opportunities were estimated at Rs. 1.4 tn. Adani Energy Solutions also signed a 25-year power purchase agreement with Maharashtra State Electricity Distribution Company (MSEDCL) to supply 2,500 MW of round-the-clock power. For the first half, consolidated profit after tax rose 137 per cent to Rs. 26 bn, total income increased 46 per cent to Rs. 200.92 bn and EBITDA grew 62 per cent to Rs. 67.26 bn.

Adani Energy Solutions reported a 145 per cent year-on-year increase in consolidated profit after tax to Rs. 13.64 bn in the second quarter of FY27, compared with Rs. 5.57 bn in the corresponding period last year. The quarter ended 30 September 2026. Total income rose 51 per cent to Rs. 102.39 bn from Rs. 67.67 bn a year earlier. Operational revenue also increased 51 per cent to Rs. 71.67 bn from Rs. 47.4 bn. Earnings before interest, taxes, depreciation and amortisation (EBITDA) grew 67 per cent to Rs. 35.48 bn, while operating EBITDA rose 68 per cent to Rs. 30.7 bn. The transmission business recorded a 17 per cent increase in operating revenue to Rs. 15.21 bn, and operating EBITDA grew 15 per cent to Rs. 13.94 bn. Distribution operating revenue increased 2 per cent to Rs. 31.81 bn, while operating EBITDA rose 23 per cent to Rs. 6.05 bn. Smart metering revenue increased 129 per cent to Rs. 2.67 bn, with operating EBITDA rising 146 per cent to Rs. 2.26 bn. The company completed 14.8 mn cumulative smart meter installations by the end of the first half of FY27. Its smart meter order book stood at 24.6 mn meters, representing revenue potential of Rs. 295.19 bn. During the quarter, it secured the Vizag Power Transmission and Satara Power Transmission projects. The transmission project pipeline under construction was around Rs. 870 bn, while near-term tendering opportunities were estimated at Rs. 1.4 tn. Adani Energy Solutions also signed a 25-year power purchase agreement with Maharashtra State Electricity Distribution Company (MSEDCL) to supply 2,500 MW of round-the-clock power. For the first half, consolidated profit after tax rose 137 per cent to Rs. 26 bn, total income increased 46 per cent to Rs. 200.92 bn and EBITDA grew 62 per cent to Rs. 67.26 bn.

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