Home / Business and Economy / AESL Profit Doubles: A Q2FY27 Triumph
AESL Profit Doubles: A Q2FY27 Triumph
23 Oct
Summary
- Net profit more than doubled to Rs 1,323 crore in Q2FY27.
- Revenue surged 53% to Rs 10,076 crore, surpassing analyst expectations.
- Order book expanded significantly, reaching approximately Rs 87,000 crore.
Adani Energy Solutions (AESL) achieved a significant financial milestone in Q2FY27, reporting a net profit of Rs 1,323 crore, more than double the Rs 534 crore earned in the same period of the previous fiscal year. This performance surpassed analyst expectations of Rs 1,082 crore. The company's revenue also experienced robust growth, increasing by 53% to Rs 10,076 crore compared to Rs 6,596 crore in Q2FY26.
EBITDA for the quarter rose by 36% year-on-year to Rs 3,101 crore. On a half-yearly basis, AESL's EBITDA reached a record high of Rs 6,726 crore, marking a 62% year-on-year increase. Furthermore, transmission capital expenditure in H1 FY27 saw a substantial rise of 1.7 times, reaching Rs 5,542 crore.
CEO Kandarp Patel highlighted the company's strategic expansion, with the acquisition of Vizag and Satara transmission assets bolstering the active order book to approximately Rs 87,000 crore. The Mumbai distribution business grew by approximately 11%, and the smart metering platform installed base reached around 15 million meters. Patel expressed confidence in converting this extensive project pipeline into long-term stakeholder value, driven by consistent performance and financial prudence.
