Adani Energy Solutions posted a profit of Rs 538.94 crore in the first quarter of FY26. The company has made a turnaround from a Rs 1,190.6 crore loss in Q1FY25. The loss in the corresponding quarter of the previous year was due to the cost of Rs 1506 crore on exceptional items.
Further, Adani Energy Solutions reported a revenue of Rs 6,819.2 crore in Q1FY26. The company’s revenue in the quarter grew by 26.79 per cent YoY as compared to Rs 5378.5 crore revenue in Q1FY25.
Total income jumps 28 per cent YoY, EBITDA rises 14 per cent
The company’s total income rose 28 per cent YoY to Rs 7,026 crore, while EBITDA came in at Rs 2,017 crore, up 14 per cent compared to the same period last year. Cash profit also increased by 15 per cent to Rs 1,043 crore. However, operational revenue remained flat at Rs 4,600 crore due to a muted show in cost-plus transmission assets and early monsoon affecting power demand in Mumbai.
Maharashtra deal boosts Adani Energy Solutions’ infrastructure play
AESL’s under-construction order book now stands at Rs 59,304 crore after securing the WRNES Talegaon transmission project. The company expects to commission four more projects in FY26, including the North Karanpura line, WRSR (Narendra–Pune), Mumbai HVDC, and Khavda Phase III-A.
The Talegaon Power Transmission from REC Power Development and Consultancy includes 3,000 MVA of substation capacity and supporting infrastructure in Maharashtra, which is expected to strengthen the company’s transmission footprint.
The near-term tendering pipeline is also promising, valued at around Rs 90,000 crore, which includes two large HVDC projects.
Capex jumps 1.7x; safety and ESG stay in focus
The company’s capital expenditure jumped 1.7 times YoY to Rs 2,224 crore, with the smart metering segment seeing an eightfold rise in capex. Despite monsoon-related challenges, AESL maintained its strong project execution pace.