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Adani Energy Solutions Q3 Results: Consolidated PAT declines 27% YoY to Rs 348 crore; revenue up 19%

Adani Energy Solutions Q3 Results: This Adani group company reported a 27.2% YoY decline in consolidated net profit to Rs 348 crore for the quarter ended December. However, revenue from operations rose nearly 19% YoY to Rs 3,615 crore. The revenue growth was boosted by newly commissioned transmission lines and a rise in energy consumption in the Mumbai distribution business. The company s consolidated operational EBITDA grew by 10.4% to Rs 1,454 crore. Adani Energy Solutions is excited about opportunities in all lines of business, including the smart metering segment. ....

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