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- Adani Energy Solutions Q1 Results | Net Profit Surges 124% Share Price Up
Mumbai18 minutes ago
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Adani Group company Adani Energy Solutions Limited has declared the results for the first quarter (April-June) of the current financial year 2026-27. The consolidated net profit of the company has more than doubled i.e. 124% to Rs 1,149 crore.
The results have been strengthened by the sharp increase in the company’s total earnings and positive changes in regulatory deferral income. Adani Energy Solutions shares rose 3% to Rs 1,781.2 in afternoon trade after the results were announced. However, it closed at Rs 1,737.
Company’s operational revenue increased by 42%
The company’s operational revenue has increased by 42.4% year-on-year to Rs 9,711 crore, which was Rs 6,819 crore in the same quarter last year.
The company’s operational profit (EBITDA) increased by 30% to Rs 3,008 crore. However, EBITDA margin saw a slight decline to 31% from 33.9% last year.
The company got the benefit of regulatory income
The company has recorded regulatory deferral income of Rs 29 crore in the first quarter. In comparison, the company had to bear regulatory deferral expenses of Rs 504 crore in the same quarter of the last financial year. This positive change has played an important role in increasing the net profit of the company.
Performance of the company’s business segments
Good growth has also been seen in different business segments of the company…
- Transmission Business: Consolidated revenue grew by a massive 52.4% to Rs 3,335.3 crore.
- Distribution Business: Revenue from this segment increased by 5% to Rs 3,520.4 crore.
- Smart Metering Business: It recorded a growth of more than 200% and the revenue reached Rs 346.9 crore.
- Energy Solutions Platform: The revenue from this platform jumped more than 9 times to Rs 1,906.8 crore.
Data for the quarter ended June 30 clearly shows that Adani Energy Solutions is increasingly focusing on power infrastructure, smart metering and expansion of transmission network. The company’s performance remains strong due to the continuously increasing electricity demand and infrastructure development in India.
What is ‘Regulatory Deferral Income’?
In the power and utility sector, regulators decide the electricity rates. Many times, when a company’s costs increase in a quarter or it takes time for adjustment of government-approved rates, the regulator allows recovery of the difference in future tariffs. This is recorded in accounting as ‘regulatory deferral income/expense’. When this income is generated instead of expenditure, there is a direct and positive impact on the company’s profit.
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