Adani Energy Solutions Limited has announced its financial results for the third quarter ending December 31, 2024, showcasing a strong revenue growth but a decline in net profit due to higher expenses and regulatory adjustments.
Key Financial Highlights (Q3 FY25 vs Q3 FY24):
- Revenue from Operations: ₹5,830.26 crore, up 27.9% from ₹4,562.73 crore.
- Total Income: ₹6,000.39 crore, reflecting a 24.4% increase from ₹4,824.42 crore.
Adani Energy Solutions reported a net profit attributable to the owners of the company at ₹561.78 crore for Q3 FY25, reflecting a decline from ₹674.96 crore in the previous quarter and ₹775.84 crore in the same quarter last year. The non-controlling interest contribution stood at ₹63.52 crore for the quarter, down from ₹98.43 crore in the prior quarter but up from ₹38.48 crore YoY. This brought the total profit attributable to ₹625.30 crore for the quarter, marking a sequential decline from ₹773.39 crore but an improvement from ₹348.25 crore YoY. These figures reflect the impact of regulatory adjustments and rising expenses on profitability.
Operational Updates:
- Total expenses increased to ₹4,976.45 crore, up from ₹4,253.06 crore YoY, due to higher costs in power purchases and finance expenses.
- The company’s regulatory adjustments negatively impacted profit after tax, showing the effect of deferred account balances.
Nine-Month Performance:
- Revenue from Operations: ₹17,392.51 crore, up 46.2% from ₹11,900.51 crore YoY.
- Net Profit: ₹1,195.61 crore, a slight decrease from ₹1,208.31 crore in the same period last year.
Despite a strong revenue trajectory, higher costs and regulatory factors weighed on Adani Energy’s profitability. However, the company remains focused on expanding its operational efficiency and regulatory compliance to sustain long-term growth.
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