Quarterly results. Adani Energy Solutions net profit rises 8% to ₹182 cr in June quarter

PTI Updated - July 31, 2023 at 04:35 PM.

Adani Energy Solutions, earlier known as Adani Transmission, on Monday posted an 8 per cent rise in its consolidated net profit at ₹181.98 crore in the June quarter, mainly on the back of higher revenues.

The consolidated net profit of the company was ₹168.46 crore in the quarter ended on June 30, 2022, according to a regulatory filing.

Total income of the company rose to ₹3,772.25 crore during the quarter from ₹3,249.74 crore a year ago.

In a statement, Anil Sardana, Managing Director of Adani Energy Solutions, said that its growth trajectory remains firm despite the challenging macroeconomic environment.

"Our pipeline of projects and recently operationalised assets will further strengthen our pan-India presence and consolidate our position as the largest private sector transmission and distribution company in India," he added.

Adani Transmission Ltd (ATL) has been renamed to Adani Energy Solutions Limited (AESL) effective July 27, 2023.

Published on July 31, 2023 11:05

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