Adani Energy Solutions Limited (AESL) has posted a stellar performance in the third quarter of fiscal year 2026, with adjusted profit after tax surging 30% year-on-year to ₹574 crore. Announced from Ahmedabad on Thursday, these results underscore the company’s robust operational strength amid a competitive energy sector.
Revenue for the October-December period climbed 15.7% to a record ₹6,945 crore, driven by exceptional execution across key business lines. EBITDA also rose sharply by 20.7% to ₹2,210 crore, reflecting gains in transmission, distribution, and smart metering segments.
Over the first nine months of FY26 (April-December), total revenue grew 16.2% to ₹20,737 crore, while EBITDA increased 15.9% to ₹6,354 crore. Adjusted PAT for this period jumped 34.4% to ₹1,670 crore, signaling sustained momentum.
Capital expenditure more than doubled to ₹9,294 crore from ₹7,475 crore in the same period last year, fueling expansion. AESL commissioned four transmission projects, including North Karanpura Transmission (NKTL), Khawda Phase II Part-A, Khawda Pooling Station-1 (KPS-1), and Sangod Transmission. Additionally, the company installed 6.12 million new smart meters.
CEO Kandarpa Patel expressed delight at the outcomes, highlighting strong on-ground implementation, focused operations, and capital management as key drivers. ‘Despite challenges, we’ve commissioned four transmission projects this year and achieved nearly 9.25 million meters deployed,’ he noted, adding optimism for growth across all segments.
This performance positions AESL as a leader in India’s energy infrastructure, with future prospects bolstered by regulatory support and rising power demand. Investors are watching closely as the company scales its ambitious pipeline.