Adani Energy Solutions Results Analysis

Q4FY25 – Total Income Rs. 6,596 Cr. 36% Growth YoY, Operational Revenue Rs. 4,116 Cr. 16% Growth YoY, Total EBITDA Rs. 2,262 Cr. 28% Growth YoY, Operational EBITDA Rs. 1,757 Cr. 9% Growth YoY, PAT Rs. 714 Cr. 87% Growth YoY. FY25 – Total Income Rs. 24,447 Cr. 42% Growth YoY (Highest Ever, driven by the contributions from the recently commissioned transmission projects, robust energy sales in Mumbai and Mundra utilities and contribution from the smart metering business), Operational Revenue Rs. 17,057 Cr. 20% Growth YoY, Total EBITDA Rs. 7,746 Cr. 23% Growth YoY, Operational EBITDA Rs. 6,571 Cr. 15% Growth YoY, PAT Rs. 2,427 Cr. 103% Growth YoY (due to strong EBITDA growth and aided by a reversal of Rs 469 crore in net deferred tax liability). FY25 won 7 new projects with a total project cost of Rs 43,990 crore and cumulative orderbook to Rs 59,936 crore as on Mar25.