Adani Energy Solutions Limited (AESL) announced a 30% year-on-year increase in adjusted profit after tax for the third quarter of the current financial year. The company’s EBITDA reached an all-time high of Rs 2,210 crore, up by 21% from the same period last year. Total income for the quarter surged by 15.7% to Rs 6,945 crore, driven by improved operational performance.
“We are pleased with our strong quarter results despite the challenges. Our focus on execution, operations, and capital management has contributed to steady progress in project development,” stated Kandarp Patel, CEO of Adani Energy Solutions. The company’s profit before tax saw a significant rise of 43.2% to Rs 801 crore, as per regulatory filings. Cash profit also increased by 22.8% to Rs 1,227 crore for the quarter.
In the first nine months of the financial year, AESL’s total income soared by 16.2% to Rs 20,737 crore, with EBITDA growing by 15.9% to Rs 6,354 crore. Profit before tax stood at Rs 2,205 crore, marking a 37.3% increase from the previous year. Cash profit for the period rose by 17.1% to Rs 3,435 crore.
The company’s capital expenditure rose to Rs 9,294 crore in the first nine months of FY26 from Rs 7,475 crore in the same period last year. AESL commissioned several transmission projects and installed over 61.2 lakh new smart meters during this period. Their future growth prospects look promising, with transmission projects worth Rs 77,787 crore under construction and a strong smart metering order book.
Moody’s Ratings recently revised the outlook for Adani Transmission Step-One Limited and Adani Electricity Mumbai Limited to ‘Stable’ from ‘Negative,’ affirming their Baa3 senior secured ratings.
