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Adani Energy Solutions Q2 net profit more than doubles to ₹1,364 crore

Adani Energy Solutions Limited (AESL) posted a net profit of ₹1,364 crore on a consolidated basis for the second quarter ended September 30, 2026, supported by robust performance across transmission, smart metering, energy solutions platform, and distribution business segments.

During the quarter under review, the Adani Group company’s net profit rose 145 per cent from ₹557 crore recorded during the same period of the previous financial year, the company said in a press release.

AESL’s total income rose 51 per cent to ₹10,239 crore in Q2, compared with ₹6,767 crore recorded during the same quarter of the previous financial year. Operational revenue for the quarter stood at ₹7,167 crore, marking a 51 per cent increase year-on-year. Operating EBITDA rose 68 per cent to ₹3,070 crore, while total EBITDA increased by 67 per cent to ₹3,548 crore.

“AESL closed the first half of the fiscal year with strong financial and operational momentum, laying a robust foundation for future growth. We significantly expanded our growth pipeline by winning the strategic Vizag and Satara transmission assets, elevating our active order book to ₹87,000 crore,” Adani Energy Solutions CEO Kandarp Patel said.

“Operationally, our Mumbai distribution business grew by about 11 per cent in million units (MUs) sold, while our smart metering platform scaled its installation base to 15 million metres. A significant 2.5 GW round-the-clock power supply contract with MSEDCL reinforced AESL’s core competencies in multi-source energy aggregation and power supply optimisation for its customers,” he added.

Segment-wise, transmission operating revenue rose 17 per cent to ₹1,521 crore, while operating EBITDA rose 15 per cent to ₹1,394 crore. The distribution business in Mumbai (AEML) and Mundra (MUL) recorded operational revenue of ₹3,181 crore and operating EBITDA of ₹605 crore. Smart metering reported operational revenue of ₹267 crore and operating EBITDA of ₹226 crore, while the energy solutions platform registered an operational revenue of ₹2,197 crore and operating EBITDA of ₹803 crore.

During the quarter, transmission capex increased, and the cumulative smart metre installations reached 14.8 million. The transmission network reached 29,739 ckm with an average system availability of 99.8 per cent. Units sold in the Mumbai distribution circle increased by 11 per cent to 2,930 MUs, while supply reliability was maintained at 99.99 per cent.

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