Adani Energy Solutions Q3 PAT falls 2% YoY to Rs 552 cr, but revenue rises 15%
Adani Energy Solutions on Thursday reported a 2% year-on-year (YoY) decline in its consolidated net profit at Rs 552 crore, while revenue from operations rose 15% YoY to Rs 6,730 crore.
The revenue growth was driven by better operating performance and SCA (Service Concession Arrangement) income due to higher capex.
EBITDA during the quarter hit a record high of Rs 2,210 crore, up 21% year-on-year, driven by robust growth in the transmission and smart metering segments and steady performance in the distribution segment.
Adani Energy said comparable PAT has been adjusted for a one-time positive deferred tax impact of Rs 185 crore in Q3FY25 to enable a like-for-like comparison. On an adjusted basis, Q3 PAT stood at Rs 574 crore, marking a 30% year-on-year increase.
"Despite the challenges, our core strengths of strong on-ground execution, focused O&M and capital management have helped to drive consistent progress on the project development side," said Kandarp Patel, CEO, Adani Energy.
The revenue growth was driven by better operating performance and SCA (Service Concession Arrangement) income due to higher capex.
EBITDA during the quarter hit a record high of Rs 2,210 crore, up 21% year-on-year, driven by robust growth in the transmission and smart metering segments and steady performance in the distribution segment.
Adani Energy said comparable PAT has been adjusted for a one-time positive deferred tax impact of Rs 185 crore in Q3FY25 to enable a like-for-like comparison. On an adjusted basis, Q3 PAT stood at Rs 574 crore, marking a 30% year-on-year increase.
"Despite the challenges, our core strengths of strong on-ground execution, focused O&M and capital management have helped to drive consistent progress on the project development side," said Kandarp Patel, CEO, Adani Energy.
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