Adani Energy Solutions Q2 Results: Stable operating performance across business sectors and increasing SCA (service concession agreement) income contributed to a 16.4% and 6.4% increase in total income of ₹13,793 crore in H1 FY26 and ₹6,767 crore in Q2 FY26, respectively.
Due mostly to a one-time adjustment of ₹314 crore in deferred tax from the previous year, Adani Energy Solutions reported a 28% drop in consolidated net profit to ₹557.10 crore for the September quarter on Monday.In the July–September quarter of the previous fiscal year, Adani Energy Solutions Ltd. (AESL) declared a net profit of ₹773 crore.
"The reported PAT has been adjusted for a one-time positive impact of deferred tax of ₹314 crore in Q2 FY25 last year for like-for-like comparison," the business stated in a statement.
The company's overall revenue climbed from ₹6,360 crore to ₹6,767 crore, a 6.4% rise from the previous year.
Its overall costs were ₹5,687 crore, which was somewhat less than the ₹5,693 crore spent in the same period last year.
According to Kandarp Patel, CEO of Adani Energy Solutions, the company made progress in commissioning three new transmission lines during the first half. It also achieved a leading daily run-rate in terms of smart meter installation, surpassing the 74 lakh meter installation mark, which is the highest number of meters installed by any player in the nation.
The company's overall revenue climbed from ₹6,360 crore to ₹6,767 crore, a 6.4% rise from the previous year.
Its overall costs were ₹5,687 crore, which was somewhat less than the ₹5,693 crore spent in the same period last year.
According to Kandarp Patel, CEO of Adani Energy Solutions, the company made progress in commissioning three new transmission lines during the first half. It also achieved a leading daily run-rate in terms of smart meter installation, surpassing the 74 lakh meter installation mark, which is the highest number of meters installed by any player in the nation.
"We anticipate a significant increase in AESL's capex roll-out across all core segments and expect strong momentum in the bid activity during the rest of the year," he stated.
H1 FY26 Profits
Compared to ₹4,400 crore in H1 FY25, the company's capital expenditures in the first half of FY26 climbed by 1.36 times to ₹5,976 crore.
Due to solid operating performance across all areas and higher SCA (service concession agreement) income, the total income of ₹13,793 crore in H1 FY26 and ₹6,767 crore in Q2 FY26 increased by 16.4% and 6.4%, respectively.
The corporation put three transmission projects into service in the first half of this year: Sangod transmission, Khavda Phase II Part-A, and Khavda Pooling Station-1 (KPS-1).
H1 FY26 Profits
Compared to ₹4,400 crore in H1 FY25, the company's capital expenditures in the first half of FY26 climbed by 1.36 times to ₹5,976 crore.
Due to solid operating performance across all areas and higher SCA (service concession agreement) income, the total income of ₹13,793 crore in H1 FY26 and ₹6,767 crore in Q2 FY26 increased by 16.4% and 6.4%, respectively.
The corporation put three transmission projects into service in the first half of this year: Sangod transmission, Khavda Phase II Part-A, and Khavda Pooling Station-1 (KPS-1).
With the installation of 42.4 lakh new smart meters this year, the company's overall installed meter count reached 73.7 lakh. By the end of FY26, it is expected to have surpassed 1 crore smart meters overall.
With recent victories, the company's total transmission pipeline under construction is worth ₹60,04 crore, and it has 2.46 crore smart meters with a potential revenue of ₹29,519 crore.
At ₹96,000 crore, the transmission sector's short-term bidding pipeline is sound. However, with 104 million meters, the smart metering market opportunity nationwide is still strong.
With recent victories, the company's total transmission pipeline under construction is worth ₹60,04 crore, and it has 2.46 crore smart meters with a potential revenue of ₹29,519 crore.
At ₹96,000 crore, the transmission sector's short-term bidding pipeline is sound. However, with 104 million meters, the smart metering market opportunity nationwide is still strong.
Due to a modest increase in commercial and industrial demand, Adani Electricity Mumbai Limited (AEML), the Mumbai distribution company, saw a slight increase in volumes of 2%, reaching 2,650 million units.
With operations in 16 Indian states and a total transmission network of 26,705 ckm and 97,236 MVA transformation capacity, AESL is the biggest private transmission business in the nation.
With operations in 16 Indian states and a total transmission network of 26,705 ckm and 97,236 MVA transformation capacity, AESL is the biggest private transmission business in the nation.
0 Comments