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Adani Energy solutions' profit soars 87% high for March quarter

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Adani Energy Solutions Ltd (AESL), the electricity transmission arm of the Adani Group , announced a staggering 87% surge in its profit for the March quarter, reaching Rs 714 crore, up from Rs 381.29 crore during the same period last year. This impressive growth was driven by a one-time exceptional income, according to the company’s regulatory filing.

The company’s total income for the quarter also saw a notable rise of 35.9%, reaching Rs 6,596.39 crore, compared to Rs 4,855.18 crore in the corresponding quarter of the previous year.

AESL’s fourth-quarter profit after tax (PAT), excluding the one-off regulatory income of Rs 148 crore, stood at Rs 566 crore, reflecting a 48% increase. However, expenses for the period rose to Rs 5,411.60 crore, up from Rs 4,358.83 crore in Q4 of FY24.

Commenting on the company’s performance, CEO Kandarp Patel expressed his confidence in AESL’s continued growth. "AESL delivered strong operating and financial performance in FY25 backed by its distinguished ability to execute complex projects, compete and outperform peers in project bids, and remain financially prudent," Patel said. " As we embark on the next fiscal year, the company remains focused on incremental project commissioning, significantly increase the meter installation as well as achieving operating efficiencies in all lines of businesses."

Patel further highlighted the encouraging power demand trends in AESL's areas of operation and the positive impact of the company's integrated business model. He believes these factors, combined with a well-aligned capital allocation policy, will help AESL maintain its competitive edge.

For the full fiscal year, AESL reported a PAT of Rs 2,427 crore, marking a remarkable 103% increase, primarily driven by strong EBITDA growth, the reversal of Rs 469 crore in deferred tax liabilities, and a regulatory income of Rs 148 crore. The company’s total income for FY25 reached Rs 24,447 crore, a robust 42% increase, while operational revenue grew by 20% YoY to Rs 17,057 crore, bolstered by the contribution of newly operational transmission assets and growing energy demand.

Adani Electricity Mumbai Limited (AEML), AESL’s distribution arm, reported a 6% increase in energy consumption, reaching 10,558 million units, while maintaining low distribution losses of 4.77%. Energy consumption at the Mundra utility saw a substantial 44% YoY growth.

AESL’s transmission business generated Rs 406 crore in profit for the quarter, while its distribution segment contributed Rs 274 crore. The company’s transmission business was the largest contributor to FY25’s profit, with Rs 1,380 crore, followed by Rs 979 crore from distribution.

As India’s largest private transmission company, AESL operates across 16 states with a cumulative transmission network spanning 26,696 circuit km and a transformation capacity of 90,236 MVA. With a steady focus on growth and operational excellence, AESL is well-positioned to strengthen its leadership in the energy sector.
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