Adani energy solutions Q2 profit more than doubles to Rs 1,364 crore

New Delhi: Adani Energy Solutions Ltd (AESL) on Thursday reported a 145 per cent year-on-year rise in consolidated net profit to Rs 1,364 crore for the quarter ended September 30, 2026, delivering a record performance.

The Adani Group entity had clocked a profit after tax of Rs 557 crore in the second quarter of the preceding 2025-26 financial year.

Total income rose 51 per cent to Rs 10,239 crore in Q2 FY27 from Rs 6,767 crore in Q2 FY26, while operational revenue grew 51 per cent to Rs 7,167 crore, driven by healthy contribution from the transmission and energy solutions platform, the company said in an exchange filing.

EBITDA stood at Rs 3,548 crore, up 67 per cent year-on-year, and operating EBITDA rose 68 per cent to Rs 3,070 crore — an all-time high quarterly EBITDA for the company.

In distribution, total units sold in the Mumbai circle increased 11 per cent year-on-year to 2,930 million units. MPSEZ (Mundra) Utility’s sales grew 26 per cent YoY to 460 MUs, driven by strong industrial and commercial demand.

The company installed 14.8 million smart meters cumulatively as of H1 FY27, with an under-implementation pipeline of 24.6 million meters comprising ten projects with revenue potential of over Rs 29,519 crore.

Commenting on the earnings, CEO Kandarp Patel said AESL closed the first half with strong momentum and significantly expanded its growth pipeline by winning the strategic Vizag and Satara transmission assets, elevating its active order book to around Rs 87,000 crore.

The company also entered into a Power Purchase Agreement with Maharashtra State Electricity Distribution Company for the supply of 2,500 MW round-the-clock power for 25 years.