Net profit of Adani Energy Solutions rose 72.91% to Rs 561.78 crore in the quarter ended December 2024 as against Rs 324.90 crore during the previous quarter ended December 2023. Sales rose 27.78% to Rs 5830.26 crore in the quarter ended December 2024 as against Rs 4562.73 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales5830.264562.73 28 OPM %28.4832.23 - PBDT1021.75972.29 5 PBT559.37514.65 9 NP561.78324.90 73 Powered by Capital Market - Live

Revenue from operations jumped 27.78% YoY to Rs 5,830.26 crore in Q3 FY25. The company's net profit was higher by 79.55% YoY due to reversal of net deferred tax liability of Rs 185 crore mainly due to divestment of Dahanu plant in AEML Profit before tax (PBT) increased 8.69% YoY to Rs 559.37 crore during the quarter. Operating EBITDA rose 8.6% to Rs 1,579 crore during the quarter as compared with Rs 1,454 crore in corresponding quarter last year. On the segmental front, the operational revenue from transmission business stood at Rs 1,189 crore, (up 12.6%YoY) and the revenue from distribution business was at Rs 2,973 crore (up 16.2%YoY) during the period under review. Under transmission business, on operational parameters, it was a strong quarter, with an average system availability of over 99.7%. Robust line availability resulted in an incentive income of Rs 33 crore in Q3FY25. Energy demand (units sold) in Adani Electricity Mumbai in Q3FY25 ended 3% higher YoY to 2,574 million units. Kandarp Patel, CEO, Adani Energy Solutions, said, 'The key highlight of this quarter is the new project wins in AESL, which not only helps in gaining market share but also strengthens AESL's pole position as the largest private transmission player in India. The power demand trends in both utilities are encouraging and we are making progress with the installation of smart meters in all our contracts with daily average installation consistently improving. We are confident that despite a large order book of Rs 54,761 crore in transmission and approximately Rs 13,600 crore in smart metering, the company will continue to deliver strong operating and financial performance, thanks to unparallel project and operating excellence coupled with robust capital management program.' Adani Energy Solutions (AESL), part of the Adani portfolio, is a multidimensional organization with presence in various facets of the energy domain, namely power transmission, distribution, smart metering, and cooling solutions.Powered by Capital Market - Live

Adani Energy Solutions (AESL) has won the prestigious ~Rs 25,000 crore Bhadla (Rajasthan)- Fatehpur (Uttar Pradesh) HVDC (High Voltage Direct Current) order. It is AESL's largest order win till date, taking its under execution order book to Rs 54,761 crore and transmission network to 25,778 ckm and 84,186 MVA transformation capacity. AESL won the project under Tariff Based Competitive Bidding (TBCB) mechanism and REC Power Development & Consultancy (RECPDCL) was the bid process coordinator. The project SPV got formally transferred to AESL on 20 January  2025. Called 'Transmission system for evacuation of power from REZ in Rajasthan (20 GW) under Phase-III Part I', the project includes establishment of 6,000 MW HVDC (High Voltage Direct Current) system between Bhadla to Fatehpur (~2400 ckm) along with 7500 MVA transmission capacity. The project will help evacuate 6 GW renewable energy from various REZs in Rajasthan beyond Bhadla-III to demand centers of North India and to the national grid. AESL will deliver the project in 4.5 yearsPowered by Capital Market - Live

AESL won the project under Tariff Based Competitive Bidding (TBCB) mechanism and REC Power Development & Consultancy (RECPDCL) was the bid process coordinator. The project SPV got formally transferred to AESL on 20 January 2025. The project includes establishment of 6,000 MW HVDC system between Bhadla to Fatehpur (around 2400 ckm) along with 7500 MVA transmission capacity. The project will help evacuate 6 GW renewable energy from various REZs in Rajasthan beyond Bhadla-III to demand centers of North India and to the national grid. AESL will deliver the project in 4.5 years. The company's under execution order book stands at approximately Rs 54,761 crore and it will have 25,778 ckm of transmission lines and 84,186 MVA of transformation capacity. Kandarp Patel, CEO, AESL , said, 'By enabling efficient evacuation of renewable energy from some of the most inhospitable regions of the country and connecting them to the national grid, AESL is playing its role in India's decarbonization journey. We will be deploying latest technology and practices to deliver the project in time and with minimal environmental impact,' Adani Energy Solutions (formerly known as Adani Transmission (ATL)) is the transmission and distribution business arm of the Adani Group, one of India's largest business conglomerates. It is the country's largest private transmission company, holding an operational portfolio of 28 projects and an under-implementation portfolio of nine transmission and nine smart meter projects with a cumulative transmission network of more than 20,509 circuit km (ckm). The company's consolidated net profit surged 144.7% to Rs 674.96 crore in Q2 FY25 as against Rs 275.88 crore posted in Q2 FY24. Revenue form operations jumped 68.3% YoY to Rs 6,183.70 crore in Q2 FY25. The counter shed 0.25% to Rs 813.65 on the BSE.Powered by Capital Market - Live

Adani Energy Solutions will hold a meeting of the Board of Directors of the Company on 23 January 2025.Powered by Capital Market - Live

SIPL is incorporated in India and registered with the Registrar of Companies, Ahmedabad, Gujarat on 5 July 2021 with an object for carrying out Infrastructure development activities. SIPL holds development rights of land admeasuring 3,000 square meters situated at Bandra Kurla Complex ('BKC'). According to the regulatory filing, the company has executed share purchase agreement (SPA) on 17 January 2025. The main purpose of acquisition is to set up 220kv Extra High-Voltage (EHV) substation. SIPL holds development rights of land admeasuring 3,000 square meters situated at Bandra Kurla Complex ('BKC') and AEML is developing 220kv Extra High-Voltage (EHV) substation on said land under the regulatory approvals. The acquisition cost is an aggregate consideration of Rs 475 crore, determined based on an independent valuation report. The transaction is expected to be completed within fifteen working days from the execution date of the share purchase agreement (SPA). APPL is an entity under common control. The transaction will be done at arms' length basis and consideration is determined on basis of Independent Valuation Report. The official announcement was made on 17 January 2025 after market hours. Adani Energy Solutions (formerly known as Adani Transmission (ATL)) is the transmission and distribution business arm of the Adani Group, one of India's largest business conglomerates. It is the country's largest private transmission company, holding an operational portfolio of 28 projects and an under-implementation portfolio of nine transmission and nine smart meter projects with a cumulative transmission network of more than 20,509 circuit km (ckm). The company's consolidated net profit surged 144.7% to Rs 674.96 crore in Q2 FY25 as against Rs 275.88 crore posted in Q2 FY24. Revenue form operations jumped 68.3% YoY to Rs 6,183.70 crore in Q2 FY25. Powered by Capital Market - Live

Adani Energy Solutions Ltd is up for a fifth straight session today. The stock is quoting at Rs 820.9, up 1.96% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.58% on the day, quoting at 23337.8. The Sensex is at 77167.78, up 0.72%. Adani Energy Solutions Ltd has gained around 6.16% in last one month. Meanwhile, Nifty Energy index of which Adani Energy Solutions Ltd is a constituent, has gained around 0.74% in last one month and is currently quoting at 34686.1, up 0.58% on the day. The volume in the stock stood at 14.72 lakh shares today, compared to the daily average of 22.87 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 825.6, up 2.23% on the day. Adani Energy Solutions Ltd is down 22.27% in last one year as compared to a 9.88% jump in NIFTY and a 1.64% jump in the Nifty Energy index.The PE of the stock is 217.74 based on TTM earnings ending September 24.Powered by Capital Market - Live

Adani Energy Solutions Ltd gained for a third straight session today. The stock is quoting at Rs 790.15, up 1.28% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.44% on the day, quoting at 23314.5. The Sensex is at 77055.77, up 0.43%. Adani Energy Solutions Ltd has slipped around 2.85% in last one month. Meanwhile, Nifty Energy index of which Adani Energy Solutions Ltd is a constituent, has slipped around 5.92% in last one month and is currently quoting at 33821.2, up 1.18% on the day. The volume in the stock stood at 18.33 lakh shares today, compared to the daily average of 21.07 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 795.35, up 1.97% on the day. Adani Energy Solutions Ltd is down 27.32% in last one year as compared to a 8.08% jump in NIFTY and a 1.81% jump in the Nifty Energy index.The PE of the stock is 210.86 based on TTM earnings ending September 24.Powered by Capital Market - Live

 Adani Energy Solutions has incorporated a wholly owned subsidiary company in the name of 'Adani Energy Solutions Step-Ten on 18 December 2024. This new company will be engaged in transmission, distribution and supply of power and other infrastructure services relating thereto.Powered by Capital Market - Live

Adani Energy Solutions has incorporated wholly owned subsidiary company in the name of 'Adani Energy Solutions Step-Eleven' on 17 December 2024. The new company will be engaged in transmission, distribution and supply of power and other infrastructure services relating thereto.Powered by Capital Market - Live