Several key Adani Group companies have posted their financial results for Q2 FY25, reflecting robust performances, particularly in the renewable energy and power sectors. Here’s a detailed breakdown of their financial highlights:
- Adani Green Energy (AGEL): Adani Green Energy has shown strong growth in Q2 FY25, driven by its expanding renewable energy operations.
- Revenue: The company reported revenue of ₹2,308 crore, marking a 16.3% year-on-year (YoY) increase from ₹1,984 crore in Q2 FY24.
- Net Profit: AGEL’s net profit surged to ₹515 crore, reflecting a 38.8% YoY growth from ₹371 crore in the same period last year.
This impressive growth highlights Adani Green Energy’s successful expansion in renewable energy projects, improved operational efficiencies, and its focus on sustainable energy solutions. The company remains committed to enhancing its capacity in the coming quarters.
- Adani Energy Solutions: Adani Energy Solutions posted a strong recovery in Q2 FY24, significantly boosting its profitability after facing losses in the previous quarter.
- Revenue: The company reported a 68.3% YoY increase in revenue, reaching ₹6,183.70 crore compared to ₹3,673.87 crore in Q2 FY24. Sequentially, revenue rose 15% from ₹5,378.55 crore in Q1 FY24.
- Net Profit: Adani Energy Solutions recorded a net profit of ₹773.39 crore, a remarkable 171.5% YoY growth from ₹284.97 crore in the same quarter last year. Moreover, the company made a sharp turnaround, recovering from a net loss of ₹1,190.66 crore in Q1 FY24 to post a solid profit in Q2.
The strong revenue growth and profit turnaround reflect the company’s strategic focus on expanding its energy infrastructure and optimizing operational performance, positioning it for further growth in the Indian energy sector.
Both Adani Green Energy and Adani Energy Solutions have delivered robust performances, making them key stocks to watch today as the market reacts to their strong Q2 FY25 results.
