Adani Energy Solutions on Thursday reported 6% year-on-year (YoY) growth in its consolidated net profit at Rs 684 crore in the fourth quarter. Revenue from operations in the reporting period increased 17% YoY to Rs 7,443 crore.

Key projects such as the Mumbai HVDC, North Karanpura Transmission, and Khavda Phase II contributed to incremental revenue during the quarter. Total income, which includes EPC and service concession income, grew faster at 15%, reflecting higher capex execution and improved performance across segments.

EBITDA for the quarter increased 5% YoY to Rs 2,372 crore, indicating stable operating profitability despite ongoing investments. Operational EBITDA, which reflects core business performance, grew 13% YoY.

The company said profitability was supported by supported by strong growth in the transmission and smart metering segments and steady performance in the distribution business.

More to come….