Business/Alive News: Adani Energy Solutions Ltd reported a 148% year-on-year increase in net profit to ₹1,323 crore for the second quarter of financial year 2026-27, compared with ₹534 crore in the corresponding quarter last year.
The company’s revenue from operations rose 52.8% to ₹10,075.5 crore, up from ₹6,596 crore a year earlier. A tax credit of ₹1,581 crore during the quarter played a significant role in boosting its reported profitability.
Despite the strong financial results, Adani Energy Solutions shares fell around 2% on the Bombay Stock Exchange (BSE) on Thursday, October 22, 2026.
Operations Across 16 States
Adani Energy Solutions is a major private-sector player in India’s power transmission and distribution industry. Its business includes electricity transmission, power distribution, smart metering and cooling solutions.
The company operates across 16 states and has a transmission network spanning more than 26,600 kilometres. It serves around 1.2 crore customers, including in Mumbai and the Mundra Special Economic Zone.
The company is also executing orders to install 2.28 crore smart meters as part of its expansion in the digital energy infrastructure segment.
Adani Energy Solutions has undertaken several major projects in the power sector and recently raised ₹8,373 crore through a qualified institutional placement (QIP), strengthening its funding base for future growth.
