Adani Energy Q2 Profit Doubles

Adani Energy Solutions reported a more than doubling of its second-quarter consolidated net profit, driven by a deferred tax gain and robust sales growth in its transmission and smart-meter segments. Consolidated revenue from operations jumped nearly fifty-three percent during the period.

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A view of power-generating windmill turbines at a wind park of Adani Green Energy at Ahmedabad-Narayan Sarovar state highway near Nakhatrana village in the western state of Gujarat, India, November 29, 2024. REUTERS/Amit Dave

ADANI ENERGY SOLUTIONS LTD reported a more-than-doubling of quarterly profit to 13.23 billion rupees ($139.48 million) on Thursday, driven by tax gains and higher sales. The results highlight robust electricity consumption across India.

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