Adani Energy Solutions Q1 results 2026: Net profit soars 124% to ₹1,149 crore; revenue climbs 42%
Adani Energy Solutions reported a 124.22% rise in Q1 FY27 net profit to ₹1,149 crore, compared to ₹512.48 crore last year. Revenue surged 42.41% year-on-year to ₹9,711.08 crore during the quarter ended June 2026.
Adani Energy Solutions Q1 results 2026: Adani Energy Solutions posted its earnings for the quarter ended June 2026 on Tuesday, July 21, during market hours. The Adani Group stock reported a 124.22% year-on-year increase in consolidated net profit to ₹1,149 crore for the April-June quarter (Q1 FY27), compared with ₹512.48 crore in the corresponding period last year.
Its revenue from operations rose 42.41% year-on-year to ₹9,711.08 crore during the quarter, up from ₹6,819.28 crore in the year-ago period.
On a sequential basis, Adani Energy Solutions' revenue from operations increased from ₹7,443 crore reported in the March quarter, while profit after tax rose from ₹723 crore.
TVS Motor also posted a record EBITDA of ₹1,779 crore, marking a 41% year-on-year increase from ₹1,260 crore. Its EBITDA margin improved by 30 basis points to 12.8%, compared with 12.5% in the year-ago period.
The company's total expenses climbed to ₹8,440 crore during the June quarter from ₹5,864 crore in the corresponding period last year, primarily due to higher power purchase costs and increased construction expenses related to service concession arrangements.
Power purchase costs more than doubled to ₹3,561 crore from ₹1,724 crore a year ago. Construction expenses under service concession arrangements rose to ₹2,138 crore from ₹1,742 crore in the year-ago quarter.
Finance costs increased to ₹1,152 crore from ₹894 crore, while depreciation and amortisation expenses rose to ₹585 crore from ₹465 crore. Employee benefit expenses remained broadly stable at ₹228 crore, compared with ₹231 crore in the corresponding quarter last year. Other expenses increased to ₹709 crore from ₹616 crore, while tax expense for the quarter rose to ₹156 crore from ₹117 crore.
Segment-wise performance
Adani Energy Solutions' transmission, distribution and smart meter businesses posted healthy growth during the quarter.
Revenue from the transmission business increased to ₹3,335 crore in the June quarter from ₹2,188 crore a year earlier, while segment profit before interest and tax rose to ₹1,327 crore from ₹927 crore.
The distribution business reported revenue of ₹3,520 crore, compared with ₹3,360 crore in the corresponding quarter last year. Segment profit increased to ₹357 crore from ₹303 crore.
The smart meter business continued to deliver robust growth, with revenue surging to ₹347 crore from ₹112 crore in the year-ago period. Segment profit also jumped to ₹153 crore, up from ₹47 crore a year earlier.
Adani Energy share performance
The stock rose as much as 3.4% to its 52-week high of ₹1,789.00 per share on BSE post the Q1 results. It had hit its 52-week low of ₹745.45 in September 2025.
The Adani Group stock has given strong returns in recent times. It added around 16% in 1 week, 38% in 1 month, 94% in 6 months, and 100% in the last 1 year.
Disclaimer: This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions.
About the Author
Pranati Deva is a seasoned financial journalist with over a decade of experience in high-pressure newsroom environments, currently working as a Senior Sub Editor at LiveMint. Over the years, she has developed a reputation for sharp editorial judgement, a strong grasp of market dynamics, and the ability to translate complex financial developments into clear, engaging stories for a wide audience. <br><br> Her core areas of coverage include stock markets, leading listed companies, currencies, and commodities, with a particular strength in fast-paced, real-time market reporting. She is known for handling breaking market news, earnings-driven stock movements, and macroeconomic developments with speed, accuracy, and context—qualities that are essential in financial journalism. <br><br> Pranati has built a diverse and credible professional track record across some of India’s most respected news organisations, including MintGenie, CNBC-TV18, Business Standard and EconomicTimes.com. During her stints at these platforms, she produced data-driven market stories, curated and steered live blogs during volatile trading sessions, and conducted interviews with market veterans, fund managers, economists, and industry experts. Her work often combines on-ground reporting with analytical depth, helping readers make sense of daily market fluctuations and longer-term trends. An alumnus of the Symbiosis Institute of Media and Communications and Hansraj College, University of Delhi, Pranati brings a strong academic foundation to her journalism. She specialises in real-time financial reporting, with a keen focus on precision, balance, and insight, aiming to decode market movements in a way that is both informative and accessible to readers across experience levels.
Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
Wait for it…
Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.