This Adani Group stock which deals in the business of various energy domains such as power transmission, distribution, cooling solutions, and smart metering was up by 2 percent after announcing a net profit jump of 79 percent year on year.
Price Movement
In Thursday’s trading session, Adani Energy Solutions Ltd‘s share price touched a day’s high of Rs. 826.30, which was up by 3.13 percent. The share price reiterated from the day’s high and was trading at Rs. 814, which is 1.6 percent higher than the previous closing price of Rs. 801.15. In the past year, the stock has delivered negative returns by around 24 percent and has underperformed the Nifty Index.
Q3FY25 Financial Performance
Their Q3FY25 results show revenue from operations of Rs. 5,830 crore which increased by 27.78 percent year on year, from Rs. 4,562.73 crore in Q3FY24 and a 5.7 percent fall from Rs. 6,183.70 crore in Q2FY25. Their net profit increased by 79.55 percent year on year, from Rs. 348.25 crores in Q3FY24 to Rs. 625.30 crores in Q3FY25. Quarterly, the profits were down by 19 percent from Rs. 773.39 crore.
The debt-to-equity ratio declined to 1.75 times in Q3FY25 from 2.68 times in Q3FY25. The current ratio improved from 1.09 times to 1.47 times. Net Profit Margin saw an increase from 7.22 percent in Q3FY25 to 10.42 percent in Q3FY25.
Revenue Segments
As of December 2024, The company earned around 34.89 percent from the Transmission segment, Distribution contributed around 50.98 percent, Trading contributed around 5.91 percent, and the remaining 8.20 percent from Others. The Profit before Interest and Tax for the same quarter Distribution contributed the highest despite earning second highest revenue segment followed by Transmission and Trading.
About the company
Adani Energy Solutions Ltd, a leading private power transmission company in India, focuses on renewable energy integration and infrastructure development, boasting a vast network and significant project portfolio.
Written by Santhosh S
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