Adani Energy shares fall nearly 3% –
Adani Energy Solutions Ltd (AESL) reported a 19% year-on-year increase in consolidated EBITDA for Q2 FY25, reaching ₹1,787 crore.
However, despite the growth in absolute EBITDA, the EBITDA margin declined to 28.9% from 41% in the same period last year, leading to a nearly 3% drop in its stock price. This performance comes amidst a strong 69% rise in total income driven by new transmission projects and higher energy sales.
As of 9:30 am the shares were trading 2.39% lower at ₹985.70 on NSE
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