Adani Energy Solutions reported 79% growth in its consolidated net profit at Rs 647 crore in the fourth quarter, compared with Rs 361 crore in the same quarter last year.
Revenue from operations in the reporting period surged 35% year-on-year (YoY) to Rs 6,375 crore.
The company reported an EBITDA of Rs 2250 crore in the January-March 2024 period, compared with Rs 1566 crore clocked in the corresponding period of previous year. Meanwhile, margins improved to 35.31%.
Segment wise, revenue from the transmission business increased to Rs 2247 crore in the reporting quarter. The same stood at Rs 1647 crore a year ago.
The distribution business clocked higher revenue growth at Rs 2,907 crore in the fourth quarter as against Rs 2,395 crore in the same quarter of last year.
Revenues from the trading segment more than doubled to Rs 378 crore from Rs 114 crore in the previous year quarter.
On Thursday, Adani Energy Solutions shares rose 2.6% at Rs 963 on NSE.
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