Adani Energy Solutions sets board meeting date to consider and approve Q4 results 2026

Adani Energy Solutions (AESL) has informed investors that its Board of Directors is scheduled to meet on Thursday, April 23, 2026, to review and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026.

The company further stated that the trading window for designated persons will remain closed from April 1, 2026, and will reopen on April 27, 2026, as per Thursday's regulatory filing.

AESL, a part of the Adani portfolio, is a multidimensional organization with a presence across various facets of the energy domain, namely power transmission, distribution, smart metering, and cooling solutions.

For the December-ending quarter (Q3FY26), the company posted an over 8% decline in consolidated net profit to ₹574.06 crore, impacted by higher tax expenses. It had reported a net profit of ₹625.30 crore in the same period a year ago.

Total income, however, rose to ₹6,944.44 crore from ₹6,000.39 crore in the third quarter of FY25, aided by increased revenues from key businesses.

From transmission, the company earned revenue of ₹2,426.36 crore as against ₹2,034.76 crore a year ago. Revenues from the distribution business increased to ₹3,103.62 crore from ₹2,972.42 crore.

For 9MFY26, its total income has risen 16.2% year-on-year to ₹20,737 crore, an all-time high, while profit after tax at ₹1,670 crore is down 2.5% due to a past one-time positive impact of deferred tax of ₹469 crore in 9M FY25.

During the nine-month period, the company commissioned four transmission projects—North Karanpura Transmission (NKTL), Khavda Phase II Part-A, Khavda Pooling Station-1 (KPS-1), and Sangod Transmission, as per the Q3 earnings' filing.

Adani Energy Solutions share price trend

After delivering a 27.43% return in 2025, the company’s shares have lost momentum in 2026, slipping 8.35% year-to-date.

Meanwhile, domestic brokerage firm JM Financial has initiated coverage on the stock with a ‘Buy’ rating and has set a target price of ₹1,199 apiece.

It believes the company will benefit from India’s T&D growth story, supported by a robust ₹778 billion transmission order book, a 24.6 million smart metering portfolio, and a stable distribution franchise with a regulated asset base (RAB) of ₹96 billion.

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