Adani Energy Solutions Reports 71% Surge in Quarterly Profits
Strong Financial Performance in Q1 2025-26
On Thursday, Adani Energy Solutions Ltd (AESL) announced a remarkable 71% increase in its profit after tax (PAT), reaching Rs 539 crore for the April-June quarter of the 2025-26 fiscal year. The Adani Group credited this impressive growth to a double-digit rise in EBITDA, alongside reduced depreciation and a lower net tax burden compared to the previous year.
AESL, a key player in India's private transmission and distribution sector and part of the Adani conglomerate, revealed its financial and operational results for the same quarter. The company achieved a total income of Rs 7,026 crore, marking a 28% year-on-year growth, supported by stable operations, increased Service Concession Arrangement (SCA) income due to higher capital expenditure, and a growing smart metering business.
The EBITDA for the quarter climbed 14% to a record Rs 2,017 crore, driven by strong performance in both the transmission and distribution segments, as well as significant contributions from the smart metering sector. During this period, AESL successfully commissioned three transmission projects: Khavda Phase II Part-A, Khavda Pooling Station – 1 (KPS-1), and Sangod transmission.
Additionally, the company secured a new transmission project, the WRNES Talegaon line, bringing its under-construction order book to Rs 59,304 crore. AESL's capital expenditure surged 1.7 times to Rs 2,224 crore, compared to Rs 1,313 crore in the same quarter of the previous fiscal year.
In terms of smart metering, AESL installed 2.4 million new meters during the quarter, raising the total to 5.54 million, with a daily installation rate of 25,000 to 27,000 meters. The company aims to install 7 million new meters this year, targeting a cumulative total of 10 million by the end of the 2025-26 fiscal year.
AESL noted a robust tendering pipeline in the transmission sector, valued at Rs 90,000 crore. CEO Kandarp Patel expressed satisfaction with the quarter's performance, emphasizing the company's commitment to effective execution and operational management to unlock growth potential in core business areas.
Patel also highlighted the commissioning of three new transmission lines and the industry-leading installation rate of smart meters. Looking ahead, he anticipates maintaining momentum and enhancing efforts to complete ongoing projects. With strong regulatory support and increasing power demand, AESL is poised to seize new opportunities in line with its capital allocation strategy, expecting a significant uptick in capital expenditure and bidding activities as the monsoon season concludes.