This Adani Group company posted a remarkable 79% year-on-year growth in profit for Q4, clocking ₹647.2 crore compared to ₹361.4 crore last year. Adani Energy Solutions has showcased strong operational performance across its core segments—Transmission, Distribution, and Trading—backed by robust revenue growth and improved margins.

Key Highlights from Q4 Results:

Net Profit: The company posted a net profit of ₹647.2 crore, marking a 79% increase from ₹361.4 crore in the same period last year.

Revenue: Total revenue rose 35.4% year-on-year to ₹6,374.6 crore from ₹4,707 crore.

EBITDA: The company recorded a strong 43.8% rise in EBITDA, reaching ₹2,251.2 crore compared to ₹1,565.7 crore last year.

EBITDA Margin: Improved to 35.3%, up from 33.3% year-on-year, reflecting better operational efficiency.

Segment-Wise Revenue Growth

Transmission: Revenue jumped by 36.4% to ₹2,246.7 crore.

Distribution: Witnessed a 21.4% increase, reaching ₹2,907.17 crore.

Trading: This segment saw a threefold growth, with revenue touching ₹378.28 crore.

Shares of Adani Energy Solutions Shares Surged 2.58% and Closed at ₹963 on Thursday 24th April 2024 and in last 6 months Adani Energy Solutions has given Flat Returns

Disclaimer:

This article is for informational purposes only and does not constitute financial advice. Readers are advised to conduct their own research or consult a financial advisor before making investment decisions.