Adani Energy Solutions Achieves 103% PAT Growth, Reaches Rs 2,427 Cr in FY25 with Record Q4 Performance
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Synopsis
Adani Energy Solutions Limited (AESL) has reported a remarkable 103% growth in profit after tax (PAT) for FY25, reaching ₹2,427 crore. The company also saw significant growth in Q4, with PAT increasing by 87% to ₹714 crore, driven by strong performance across various sectors.
Key Takeaways
- 103% PAT growth in FY25 reaching Rs 2,427 crore.
- 87% PAT growth in Q4 (January-March) at Rs 714 crore.
- Total income increased by 42% to Rs 24,447 crore.
- Significant expansion in smart metering and transmission projects.
- Capital expenditure doubled to Rs 11,444 crore.
Ahmedabad, April 24 (NationPress) Adani Energy Solutions Limited (AESL) announced a remarkable 103 percent annual profit after tax (PAT) growth in FY25, achieving a record Rs 2,427 crore. The company reported an 87 percent PAT growth at Rs 714 crore for Q4 (January-March).
The Adani Group enterprise also demonstrated substantial growth of 42 percent (year-on-year) in total income, reaching Rs 24,447 crore in FY25. This performance is attributed to contributions from recently launched transmission projects, strong energy sales in Mumbai and Mundra utilities, and input from the smart metering sector.
“Of the Rs 24,447 crore, the Service Concession Arrangement (SCA) Income under IND-AS 115 in FY25 was Rs 5,064 crore, compared to Rs 858 crore in FY24,” stated the company.
The PAT surged by 103 percent YoY, driven by increased EBITDA, and supported by a reversal of net deferred tax liability amounting to Rs 469 crore for the full year, primarily due to the divestment of the Dahanu plant in Adani Electricity Mumbai Limited (AEML) along with regulatory income of Rs 148 crore.
“AESL showcased robust operating and financial results in FY25, thanks to its exceptional capability to execute complex projects, outperform competitors in project bids, and maintain financial discipline. As we move into the next fiscal year, the firm is committed to incremental project commissioning, significantly boosting meter installations, and enhancing operational efficiencies across all business lines,” said Kandarp Patel, CEO of Adani Energy Solutions.
With a solid order book of Rs 59,936 crore in transmission, increasing prospects in distribution, and growth in the smart metering sector, AESL has not only strengthened its position but is also fully prepared to deliver outstanding performance across all sectors.
The integrated business model and favorable power demand trends in “our operational areas are promising and align with our capital allocation strategy,” Patel noted, adding that “We are confident that the growth opportunities visible in all our business segments will help us further consolidate our market position.”
EBITDA climbed by 23 percent to a record-high of Rs 7,746 crore for the full year, resulting from double-digit revenue growth in the transmission segment, consistent expansion in the EBITDA of the Mumbai utility, a 13 percent annual growth in the regulated asset base, and higher treasury income.
The Q4 Adjusted PAT reached Rs 566 crore, excluding one-time regulatory income of Rs 148 crore, up 48 percent.
During the quarter, the company secured two new transmission projects: Navinal (Mundra) Phase I Part B1 and Mahan Transmission Ltd, bringing the total new project wins in FY25 to seven, with a total project cost of Rs 43,990 crore and a cumulative order book of Rs 59,936 crore.
Capital expenditure in FY25 doubled to Rs 11,444 crore, compared to Rs 5,613 crore in FY24. The deployment of smart meters is progressing well, with a total installation reaching 31.3 lakh, the company reported.
“In our pursuit of ESG, we remain dedicated to sustainable business practices and continue to achieve significant milestones,” Patel stated.
