Adani Energy Solutions Ltd.'s net profit increased 9.48% in the fourth quarter of fiscal 2024.
The power distribution and transmission company's net profit rose to Rs 381.29 crore in the quarter-ended March, in comparison with Rs 348.25 crore in the previous quarter, according to an exchange filing on Tuesday.
Adani Energy Solutions Q4 FY24 Highlights (Consolidated, QoQ)
Net profit up 9.48% at Rs 381.29 crore vs Rs 348.25 crore.
Revenue up 3.15% at Rs 4,706.85 crore vs Rs 4,562.73 crore.
Ebitda up 2.49% at Rs 1,565.52 crore vs Rs 1,527.35 crore.
Ebitda margin contracts 21 bps to 33.26% vs 33.47%.
Shares of Adani Energy Solutions closed 0.40% higher at Rs 1,065.20 apiece before the earnings were announced, as compared with a 0.17% decline in the Nifty 50.
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