{"id":171891,"date":"2025-10-28T06:38:35","date_gmt":"2025-10-28T10:38:35","guid":{"rendered":"https:\/\/44.250.171.167\/?p=171891"},"modified":"2025-10-28T06:38:35","modified_gmt":"2025-10-28T10:38:35","slug":"adani-energy-q2-fy26-earnings-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/adani-energy-q2-fy26-earnings-results\/","title":{"rendered":"Adani Energy Q2 FY26 Earnings Results"},"content":{"rendered":"<p>Adani Energy Solutions Ltd (AESL), India&#8217;s largest private power transmission company and part of the Adani portfolio, delivered modest revenue growth in Q2 FY26 but saw a significant decline in profit year-on-year.<\/p>\n<h2><strong>Q2 FY26 Financial Overview<\/strong><\/h2>\n<ul>\n<li>Revenue from operations: \u20b96,596 crore (up 6.66% YoY)<\/li>\n<li>Total expenses: \u20b96,021 crore (up 4.42% YoY)<\/li>\n<li>Consolidated net <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/d7b66bd8-9994-43f0-a9bc-024e788cd514.pdf\" target=\"_blank\" rel=\"noopener\">profit<\/a>: \u20b9557 crore (down 27.94% YoY)<\/li>\n<li>Earnings per share: \u20b94.44 (down 21% YoY)<\/li>\n<\/ul>\n<h2><strong>Key Highlights &amp; Drivers<\/strong><\/h2>\n<ul>\n<li>Transmission assets commissioned in Q1\/Q2 contributed to steady top-line growth, with operational revenue led by new infrastructure and strong demand from distribution circles.<\/li>\n<li>Distribution segment performance was stable, while smart metering witnessed accelerated growth but remained a small part of overall revenues.<\/li>\n<li>The sharp fall in profit was mainly due to the absence of last year&#8217;s one-off deferred tax benefit (\u20b9314 crore), higher interest\/finance charges, and increased depreciation.<\/li>\n<li>Operating EBITDA (Q2FY26): \u20b91,825 crore, up 9.5% YoY, but higher tax expenses eroded bottom-line growth. \u200b<\/li>\n<li>Segment EBITDA margins improved to 34.7%, but net income suffered due to accounting\/tax adjustments and operating cost increases.<\/li>\n<\/ul>\n<h2><strong>Management Outlook<\/strong><\/h2>\n<p>AESL plans continued investments in transmission, distribution, and smart metering projects, focusing on operational expansion and efficiency. The company expects sequential improvement in profit as new projects scale and cost management tightens.<\/p>\n<p>Explore the company\u2019s past earnings and latest concall transcripts, <a href=\"https:\/\/44.250.171.167\/symbol\/adaniensol\/\">click here<\/a> to visit the AlphaStreet India News Channel.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-171892\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/ADA.png\" alt=\"Q2 FY26\" width=\"1489\" height=\"1817\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/ADA.png 1489w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/ADA-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/ADA-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/ADA-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/ADA-1259x1536.png 1259w\" sizes=\"auto, (max-width: 1489px) 100vw, 1489px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Energy Solutions Ltd (AESL), India&#8217;s largest private power transmission company and part of the Adani portfolio, delivered modest revenue growth in Q2 FY26 but saw a significant decline in profit year-on-year. Q2 FY26 Financial Overview Revenue from operations: \u20b96,596 crore (up 6.66% YoY) Total expenses: \u20b96,021 crore (up 4.42% YoY) Consolidated net profit: \u20b9557 [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":171892,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[9731],"class_list":["post-171891","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-power-transmission"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/ADA.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":170497,"url":"https:\/\/alphastreet.com\/india\/adani-energy-sol-q1-fy26-earnings-results\/","url_meta":{"origin":171891,"position":0},"title":"Adani Energy Sol Q1 FY26 Earnings Results","author":"Divyansh_Kasana","date":"August 22, 2025","format":false,"excerpt":"Adani Energy Solutions Ltd (AESL), part of the Adani Group, operates across multiple energy sectors including power transmission, distribution, smart metering, and cooling solutions. It is India's largest private power transmission company. Presenting below are its Q1 FY26 Earnings Results Q1 FY26 Earnings Results Revenue: \u20b96,819 crore, up 26.77% year-on-year\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"ADANIENSOL Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/ADANIENSOL.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/ADANIENSOL.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/ADANIENSOL.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/ADANIENSOL.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/ADANIENSOL.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/ADANIENSOL.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":169511,"url":"https:\/\/alphastreet.com\/india\/adani-total-gas-ltd-q1-fy26-earnings-results-revenue-up-20-net-profit-down-4-yoy\/","url_meta":{"origin":171891,"position":1},"title":"Adani Total Gas Ltd Q1 FY26 Earnings Results \u2013 Revenue Up 20%, Net Profit Down 4% YoY","author":"Divyansh_Kasana","date":"July 29, 2025","format":false,"excerpt":"Adani Total Gas Limited (ATGL) is a leading player in the City Gas Distribution (CGD) sector, catering to a diverse set of customers\u2014domestic, commercial, industrial, and transport\u2014by supplying natural gas across urban and industrial corridors in India. The company operates as a joint venture between the Adani Group and TotalEnergies,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/ATGL.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/ATGL.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/ATGL.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/ATGL.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/ATGL.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/ATGL.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":177820,"url":"https:\/\/alphastreet.com\/india\/adani-green-q3-fy26-earnings-results\/","url_meta":{"origin":171891,"position":2},"title":"Adani Green Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"January 27, 2026","format":false,"excerpt":"Executive Summary Adani Green Energy Ltd reported Q3FY26 revenues of \u20b92,618 crore, up 11.88% YoY, but consolidated net profit plunged 98.95% to \u20b95 crore. 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Revenue & Growth Revenues increased to \u20b92,618.00 crore in Q3FY26 from \u20b92,340.00\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/AG.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/AG.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/AG.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/AG.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/AG.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/AG.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":169669,"url":"https:\/\/alphastreet.com\/india\/adani-enterprises-ltd-q1-fy26-earnings-results-revenue-down-14-net-profit-drops-45-yoy\/","url_meta":{"origin":171891,"position":3},"title":"Adani Enterprises Ltd Q1 FY26 Earnings Results \u2013 Revenue Down 14%, Net Profit Drops 45% YoY","author":"Divyansh_Kasana","date":"August 1, 2025","format":false,"excerpt":"Adani Enterprises Limited, the flagship company of the Adani Group, is a diversified conglomerate with business interests across mining, integrated resource management (IRM), infrastructure (airports, roads, rail\/metro, water), data centers, solar manufacturing, agribusiness, and defence. 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