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Adani Energy Solutions net profit up 80% in Q3
Hindustan Times East UP
|January 24, 2025
Adani Energy Solutions on Thursday posted a nearly 80% rise in its consolidated net profit to ₹625.30 crore in the December quarter compared to a year ago on the back of higher revenues.
NEW DELHI:
The company reported a consolidated net profit of ₹348.25 crore in the quarter ended on December 31, 2023, a BSE filing showed.
Total income rose to ₹6,000.39 crore in the quarter from ₹4,824.42 crore in the same period a year ago.
Kandarp Patel, CEO, Adani Energy Solutions (AESL) said in a statement, "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."
He further stated that despite a large order book of ₹54,761 crore in transmission and ₹13,600 crore in smart metering, the company will continue to deliver strong operating and financial performance.
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