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The Hindu·2 min read·medium

Adani Energy Solutions’ profit more than doubles to ₹1,364 crore

T
The Hindu Bureau
Adani Energy Solutions’ profit more than doubles to ₹1,364 crore
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Adani Energy Solutions reported a net profit of ₹1,364 crore for the September quarter, more than doubling its previous year's performance. The growth was driven by strong results in its transmission and distribution sectors, alongside an expansion of its infrastructure network.

Why it matters

The company's strong financial performance reflects broader trends in India's energy infrastructure sector and the scaling of power distribution services.

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Adani Energy Solutions’ profit more than doubles to ₹1,364 crore Profit before taxes of the transmission and distribution businesses increased 26.2% and 42.4% on a year-over-year basis during the reported quarter. NEW DELHI Adani Energy Solutions’ net profit more than doubled to ₹1,364 crore in the September quarter, driven by strong performance in its core transmission and distribution businesses. The privately-owned power distributor’s revenue rose 51.3% year-on-year (YoY) to ₹10,239 crore.

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