ADANI Energy Results Analysis-Q1FY26

Operating Revenue for Q1FY26 is Rs. 6,819 Crs., 26.8% growth YoY, Total Income is Rs. 7,026 Crs., 28% growth YoY (due to stable operating performance, higher SCA, EPC, and treasury income), EBITDA is Rs. 2,017 Crs., 14.5% growth YoY (resulting from steady transmission and distribution revenue, growing contribution from smart meter and EPC & other income), PBT Rs. 658 Crs., which turned from loss of 1,053 Cr. to Profit, PAT Rs. 539 Crs. Which also turned from loss of 1,191 Cr. to Profit However, On QoQ basis Op. Revenue is up by 7%, Total Income is up by 6.5%, EBITDA is down by 10.8%, PBT is down by 32% and PAT is down by 24.5%. During the current quarter, the company secured a new transmission project - WRNES Talegaon line. With Talegaon project, the under-construction order book stands at Rs 59,304 Cr. The near-term tendering pipeline in the transmission sector is solid at Rs 90,000 crore.