2 weeks Ago By Moneycontrol
The shares of Adani Energy Solutions surged over 3 percent on April 24 after the company reported a net profit of Rs 647.15 crore in Q4 FY25. This marks a rise of over 79 percent from the Rs 361.
44 crore net profit reported in Q4 FY24. Adani Energy Solutions shares were trading at Rs 967.80 apiece after the release of the results.
The company's revenue from operations also saw a significant rise of over 35 percent YoY to Rs 6,374.58 crore. Total expenses during the quarter stood at Rs 5,411.
60 crore. Its total debt to total assets ratio also reduced to 0.54 time during the quarter under review.
Net profit margin meanwhile improved significantly to 10.82 percent in Q4 FY25. Also read: Our LIVE blog on Q4 results In its press release, the company said that its EBITDA has "increased by 23 percent to a record high of Rs 7,746 crore during the full year translating from double digit revenue growth in transmission segment, consistent expansion in the Mumbai utility’s EBITDA vis-à-vis the 13% YoY growth in regulated asset base and higher treasury income.
" Speaking about the firm's performance, CEO Kandarp Patel said, "AESL delivered strong operating and financial performance in FY25 backed by its distinguished ability to execute the complex projects, compete and outperform peers in the project bids and remain financially prudent at the same time. As we embark on the next fiscal year, the company remains focused on incremental project commissioning, significantly increase the meter installation as well as achieving operating efficiencies in all lines of businesses. The integrated business model and underlying power demand trends in our areas of operation are encouraging and complements our capital allocation policy.
We are confident that the growth opportunity visible across all our business segments will help us further consolidate our market position. In terms of our ESG pursuit, we remain committed to sustainable business practices and continue to achieve feats." (This is a developing story.
Come back later for more updates).
