Adani Energy Solutions Ltd Q2 FY27 results October 29

The Competition Commission of India approved Adani Energy Solutions’ acquisition of 100% equity in IntelliSmart Infrastructure Private Limited for ₹3,050 crore from NIIF and EESL on October 30, strengthening its smart-metering and smart-grid presence; IntelliSmart also operates in smart gas metering. In Q2 FY27, the company reported consolidated net profit of ₹547.53 crore (up 5.5% YoY), revenue of ₹6,818.79 crore (up 2.9% YoY), and EBITDA of ₹1,916.54 crore (up 7.7% YoY), with operational capacity up 15.7% to 33,313 ckm and smart-meter installations up 30.7% to 3.74 crore; the board declared an interim dividend of ₹0.40 per share. On the market side, shares closed at ₹1,349.50 on October 30, down 1.14%, after a 5.10% jump on October 29; the 52-week range is ₹803.10–₹1,789.00, and the company also announced a ₹1,500 crore fund-raising plan via NCDs with a board meeting on November 10.