Adani-owned ACC Ltd on Thursday announced its Q4FY25 results with profit reported at Rs 751.03 crore, posting a decline of 20.39 per cent in comparison to Rs 943.34 crore recorded during the corresponding quarter of FY24. Profit decline was attributed to higher expenses outweighing rising sales volumes in a seasonally strong quarter. It posted revenue from operations at Rs 5,991.67 crore, up 12.69 per cent as against Rs 5,316.75 crore reported during the fourth quarter of previous financial year. The company reported a loss of Rs 134.73 crore in exceptional items (Income).
For the full year, total income saw a robust growth of 42 per cent YoY to Rs 24,447 crore, which it said, is highest ever, driven by the contributions from the recently commissioned transmission projects, robust energy sales in Mumbai and Mundra utilities and contribution from the smart metering business. PAT witnessed a sharp increase of 103 per cent YoY in FY25 to an all-time high of Rs 2,427 crore, resulting from higher EBITDA, and aided by reversal of net deferred tax liability of Rs 469 crore in full year, primarily due to divestment of Dahanu plant in AEML and regulatory income of Rs 148 crore
The capex in FY25 increased by 2x to Rs 11,444 crore, as against Rs 5,613 crore in FY24. The financial year also saw transmission bidding activity of Rs 1,61,540 crore, with AESL’s market share at 28 per cent.
Kandarp Patel, CEO, Adani Energy Solutions, said, “AESL delivered strong operating and financial performance in FY25 backed by its distinguished ability to execute the complex projects, compete and outperform peers in the project bids and remain financially prudent at the same time. As we embark on the next fiscal year, the company remains focused on incremental project commissioning, significantly increasing the meter installation as well as achieving operating efficiencies in all lines of businesses.”
Dividend announcement
The company board recommended a dividend of Rs 7.50 per equity share of face value of Rs 10 each fully paid-up for the Financial Year 2024-25, subject to approval of shareholders of the Company. In a regulatory filing, ACC said, “…it is hereby informed that the Company has fixed Friday, 13th June 2025 as ‘Record Date’ for the purpose of determining entitlement of the members of the Company to receive Dividend of Rs 7.50 per Equity Share having face value of Rs 10 each fully paid-up for the financial year 2024-25. The said Dividend, if declared by the shareholders at the ensuing AGM, shall be paid on or after 1st July 2025, subject to deduction of tax at source as applicable.”