Adani Energy Solutions quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	10,076	6,596	+52.8%
EBITDA	3,101	2,289	+35.5%
EBITDA margin	30.8%	34.7%	−3.9 pts
Profit before tax	1,484	1,079	+37.5%
Net profit	1,364	557	+144.8%
EPS	₹11.01	₹6.19	+77.9%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	10,076	9,711	7,443	6,730	6,596	6,819	6,375	5,830	6,184	5,379	4,707	4,563	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	164	141	145	215	171	206	222	170	176	111	148	262
	10,239	9,852	7,588	6,944	6,767	7,025	6,596	6,000	6,360	5,490	4,855	4,824
	3,244	0.0	1,516	1,508	1,601	1,724	1,333	1,476	1,761	1,638	1,268	1,468
	173	67.2	392	231	189	192	366	344	490	166	115	737
	290	228	308	318	236	231	234	230	293	276	179	259
	1,180	1,152	954	913	872	894	826	809	813	811	750	760
	601	585	508	496	509	465	462	462	484	498	468	458
	3,268	6,407	3,083	2,338	2,281	2,358	2,191	1,656	1,853	1,054	1,579	571
	8,756	8,440	6,760	5,803	5,688	5,864	5,412	4,976	5,694	4,443	4,359	4,253
	3,101	3,008	2,145	2,336	2,289	2,315	2,251	2,125	1,787	2,244	1,566	1,527
	2,500	2,423	1,637	1,840	1,780	1,850	1,789	1,663	1,303	1,746	1,098	1,070
Profit
	1,484	1,412	828	1,141	1,079	1,162	1,185	1,024	666	1,047	496	571
	0.0	28.6	0.0	0.0	0.0	0.0	0.0	−0.1	0.2	−1,507	0.0	0.0
	1,484	1,441	828	1,141	1,079	1,162	1,185	1,024	666	−460	496	571
	307	250	153	72.6	86.9	80.2	77.2	22.4	52.3	43.1	67.6	73.2
	96.1	−94.6	34.3	154	102	38.9	210	−88.5	−231	93.5	101	93.0
	403	156	187	227	189	119	287	−66.1	−179	137	169	166
	284	−48.6	82.3	−340	−334	−504	−211	−465	−71.7	−594	53.5	−56.9
	1,364	1,237	723	574	557	539	687	625	773	−1,191	381	348
	1,364	1,237	723	574	557	539	687	625	773	−1,191	381	348
	71.3	−177	656	172	233	60.6	−79.5	−86.2	279	72.6	−140	197
	1,435	1,060	1,379	746	790	600	607	539	1,053	−1,118	241	546
	1,323	1,149	684	552	534	512	647	562	675	−824	361	325
	41.1	87.5	38.9	21.8	23.1	26.5	66.5	63.5	98.4	−367	19.9	23.4
Per share
	₹11.01	₹9.57	₹5.27	₹6.34	₹6.19	₹6.88	₹6.57	₹4.85	₹6.09	−₹7.39	₹2.94	₹2.92
	₹11.01	₹9.57	₹5.27	₹6.34	₹6.19	₹6.88	₹6.57	₹4.85	₹6.09	−₹7.39	₹2.94	₹2.92
Other comprehensive income — detail
	71.3	−177	656	172	233	60.6	−79.5	—	—	—	—	—
	−5.1	0.0	4.9	0.3	0.5	0.0	1.0	0.1	—	−0.2	7.6	−2.2
	−0.2	−26.1	−0.0	0.2	0.0	0.0	0.1	—	—	—	—	—
	—	—	—	—	—	—	—	−0.0	—	−0.0	1.0	−0.0
	73.8	−203	844	217	300	91.6	−89.0	−139	—	94.6	−193	250
	−2.4	0.0	193	45.2	67.4	31.0	−8.7	—	—	—	—	—
	—	—	—	—	—	—	—	−52.5	—	21.9	−46.1	50.0
	1,401	996	1,316	726	753	561	—	494	918	−759	237	506
	34.5	64.1	62.5	19.9	37.0	38.3	—	45.0	135	−359	3.6	39.9
Per share — as-filed variants
	₹11.01	₹9.57	₹5.27	₹6.34	₹6.19	₹6.88	₹6.57	₹4.85	₹6.09	−₹7.39	₹2.94	₹2.92
	₹11.01	₹9.57	₹5.27	₹6.34	₹6.19	₹6.88	₹6.57	₹4.85	₹6.09	−₹7.39	₹2.94	₹2.92
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	6,659	9,644	5,536	4,991	4,806	4,904	4,676	4,011	3,932	3,575	3,324	2,358
	66.1%	99.3%	74.4%	74.2%	72.9%	71.9%	73.4%	68.8%	63.6%	66.5%	70.6%	51.7%
Adjusted (ex-exceptional items) — derived
	1,484	1,412	828	1,141	1,079	1,162	1,185	1,024	666	1,047	496	571
	0.0	28.6	0.0	0.0	0.0	0.0	0.0	−0.1	0.2	−1,507	0.0	0.0
	1,364	1,211	723	574	557	539	687	625	773	317	381	348
	₹11.01	₹9.37	₹5.27	₹6.34	₹6.19	₹6.88	₹6.57	₹4.85	₹6.09	₹1.97	₹2.94	₹2.92

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

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ADANIENSOL₹1,365.00

Adani Energy Solutions Ltd.

· Energy & Power

Annual Quarterly₹ CrorePeersPOWERGRID ADANIPOWER TATAPOWER ADANIGREEN NTPC NHPC JSWENERGY CLEANMAXMcap ₹1.64L Cr

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In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	4,562.7	4,706.9	5,378.6	6,183.7	5,830.3	6,374.6	6,819.3	6,595.8	6,729.7	7,443.3	9,711.1	10,075.5
Other Income	261.7	148.3	111.4	176.1	170.1	221.8	206.2	171.3	214.8	144.8	141.1	163.8
Total Income	4,824.4	4,855.2	5,490.0	6,359.8	6,000.4	6,596.4	7,025.5	6,767.2	6,944.4	7,588.1	9,852.2	10,239.3
Expenses
+ Cost of Materials Consumed	1,467.5	1,268.1	1,638.1	1,761.0	1,475.7	1,332.9	1,723.7	1,600.5	1,507.9	1,515.8	0.0	3,244.2
+ Purchases of Stock-in-Trade	737.5	114.7	165.9	490.2	343.8	365.9	192.0	189.5	230.7	391.9	67.2	172.8
+ Employee Benefit Expense	259.5	179.4	276.2	292.9	229.9	233.9	231.2	236.3	317.5	307.6	228.0	289.8
+ Finance Costs	760.0	750.0	810.9	812.9	809.1	826.2	894.0	871.7	913.0	954.3	1,151.7	1,180.3
+ Depreciation & Amortisation	457.6	467.5	497.9	484.1	462.4	461.7	464.8	509.4	496.2	507.8	585.4	600.6
+ Other Expenses	570.9	1,579.1	1,054.1	1,852.7	1,655.6	2,191.1	2,357.8	2,280.5	2,337.8	3,082.9	6,407.4	3,268.0
Total Expenses	4,253.1	4,358.8	4,443.0	5,693.9	4,976.5	5,411.6	5,863.6	5,687.8	5,803.1	6,760.3	8,439.7	8,755.7
EBITDA	1,527.4	1,565.5	2,244.3	1,786.8	2,125.3	2,250.8	2,314.6	2,289.1	2,335.7	2,145.0	3,008.5	3,100.7
EBIT	1,069.7	1,098.0	1,746.5	1,302.8	1,662.9	1,789.2	1,849.8	1,779.7	1,839.6	1,637.2	2,423.1	2,500.1
Profit
PBT before Exceptional Items	571.4	496.4	1,047.0	665.9	1,023.9	1,184.8	1,161.9	1,079.3	1,141.4	827.8	1,412.5	1,483.6
+ Exceptional Items	0.0	0.0	-1,507.4	0.2	-0.1	0.0	0.0	0.0	0.0	0.0	28.6	0.0
Pretax Income	571.4	496.4	-460.4	666.2	1,023.8	1,184.8	1,161.9	1,079.3	1,141.4	827.8	1,441.0	1,483.6
+ Current Tax	73.2	67.6	43.1	52.3	22.4	77.2	80.2	86.9	72.6	153.1	250.5	307.1
+ Deferred Tax	93.0	101.0	93.5	-231.2	-88.5	210.2	38.9	101.6	154.5	34.3	-94.6	96.1
Tax Expense	166.2	168.6	136.6	-178.9	-66.1	287.4	119.1	188.6	227.0	187.4	155.9	403.2
+ Net Movement in Regulatory Deferral Balances	-56.9	53.5	-593.7	-71.7	-464.6	-210.8	-503.9	-333.7	-340.3	82.3	-48.6	283.6
Net Income	348.3	381.3	-1,190.7	773.4	625.3	686.5	538.9	557.1	574.1	722.7	1,236.6	1,363.9
+ Net Income — Continuing Ops	348.3	381.3	-1,190.7	773.4	625.3	686.5	538.9	557.1	574.1	722.7	1,236.6	1,363.9
+ Other Comprehensive Income	197.4	-140.3	72.6	279.2	-86.2	-79.5	60.6	232.9	172.2	656.0	-176.6	71.3
Total Comprehensive Income	545.6	241.0	-1,118.1	1,052.6	539.2	607.1	599.5	790.0	746.2	1,378.6	1,060.0	1,435.2
Net Income to Common	324.9	361.4	-823.9	675.0	561.8	647.2	512.5	534.0	552.3	683.8	1,149.1	1,322.9
Minority Interest	23.4	19.9	-366.7	98.4	63.5	66.5	26.5	23.1	21.8	38.9	87.5	41.1
Per Share
Basic EPS	2.92	2.94	-7.39	6.09	4.85	6.57	6.88	6.19	6.34	5.27	9.57	11.01
Diluted EPS	2.92	2.94	-7.39	6.09	4.85	6.57	6.88	6.19	6.34	5.27	9.57	11.01
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	-79.5	60.6	232.9	172.2	656.0	-176.6	71.3
+ Items NOT to be Reclassified to P&L	-2.2	7.6	-0.2	—	0.1	1.0	0.0	0.5	0.3	4.9	0.0	-5.1
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	0.1	0.0	0.0	0.2	-0.0	-26.1	-0.2
+ Tax on Items NOT to be Reclassified — alt tag	-0.0	1.0	-0.0	—	-0.0	—	—	—	—	—	—	—
+ Items to be Reclassified to P&L	249.6	-193.0	94.6	—	-138.7	-89.0	91.6	299.8	217.2	844.5	-202.7	73.8
+ Tax on Items to be Reclassified	—	—	—	—	—	-8.7	31.0	67.4	45.2	193.4	0.0	-2.4
+ Tax on Items to be Reclassified — alt tag	50.0	-46.1	21.9	—	-52.5	—	—	—	—	—	—	—
Comprehensive Income — Owners of Parent	505.7	237.4	-759.3	918.0	494.1	—	561.2	753.0	726.3	1,316.1	995.9	1,400.7
Comprehensive Income — Non-controlling Interests	39.9	3.6	-358.8	134.6	45.0	—	38.3	37.0	19.9	62.5	64.1	34.5
Per Share — as-filed variants
Basic EPS — Continuing Operations	2.92	2.94	-7.39	6.09	4.85	6.57	6.88	6.19	6.34	5.27	9.57	11.01
Diluted EPS — Continuing Operations	2.92	2.94	-7.39	6.09	4.85	6.57	6.88	6.19	6.34	5.27	9.57	11.01
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	2,357.7	3,324.0	3,574.6	3,932.5	4,010.8	4,675.8	4,903.6	4,805.9	4,991.0	5,535.6	9,643.9	6,658.6
Gross Margin %	51.67	70.62	66.46	63.59	68.79	73.35	71.91	72.86	74.16	74.37	99.31	66.09
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	571.4	496.4	1,047.0	665.9	1,023.9	1,184.8	1,161.9	1,079.3	1,141.4	827.8	1,412.5	1,483.6
− Exceptional Items (reconciliation)	0.0	0.0	-1,507.4	0.2	-0.1	0.0	0.0	0.0	0.0	0.0	28.6	0.0
Net Income Adj (tax-effected)	348.3	381.3	316.8	773.2	625.4	686.5	538.9	557.1	574.1	722.7	1,211.1	1,363.9
EPS Adj	2.92	2.94	1.97	6.09	4.85	6.57	6.88	6.19	6.34	5.27	9.37	11.01
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00
Filed Debt Equity	—	—	—	—	2.00	1.75	1.77	1.86	1.89	1.84	1.84	1.59
Filed Dscr	—	—	—	—	1.00	1.60	1.71	1.93	1.91	2.01	2.26	2.33
Filed Iscr	—	—	—	—	2.00	2.18	1.74	1.86	1.88	1.95	2.25	2.50
Paid Up Equity Capital	1,115.5	1,115.5	1,115.5	1,201.3	1,201.3	1,201.3	1,201.3	1,201.3	1,201.3	1,201.3	1,201.3	1,223.0

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Adani Energy Solutions Q2 FY27 results (July–September 2026)

Filed with NSE on Thursday, 22 October 2026 at 2:47 pm IST

Adani Energy Solutions (NSE: ADANIENSOL) reported its Q2 FY27 results (July–September 2026) on Thursday, 22 October 2026 at 2:47 pm IST. Consolidated net profit attributable to shareholders was ₹1,323 crore, up 147.7% from ₹534 crore in Q2 FY26 and up 15.1% from ₹1,149 crore in Q1 FY27. Revenue from operations was ₹10,076 crore, up 52.8% year on year and up 3.8% from the previous quarter.

Q2 FY26 results (a year earlier): 27 October 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit (shareholders'): ₹1,323 Cr+147.7% vs Q2 FY26+15.1% vs Q1 FY27Total incl. minority interest ₹1,364 Cr
Revenue from operations: ₹10,076 Cr+52.8% vs Q2 FY26+3.8% vs Q1 FY27
Operating margin (EBIT): 24.8%−2.2 pts vs Q2 FY26−0.1 pts vs Q1 FY27EBIT ₹2,500 Cr
EBITDA: ₹3,101 Cr+35.5% vs Q2 FY26+3.1% vs Q1 FY27margin 30.8%
Earnings per share (basic): ₹11.01+15.0% vs Q1 FY27
Net profit margin: 13.1%+5.0 pts vs Q2 FY26+1.3 pts vs Q1 FY27

Questions

What was Adani Energy Solutions' net profit in Q2 FY27?

Consolidated net profit attributable to shareholders was ₹1,323 crore, up 147.7% from ₹534 crore in Q2 FY26 and up 15.1% from ₹1,149 crore in Q1 FY27. Including the minority shareholders' share, total profit was ₹1,364 crore.

How were Adani Energy Solutions' Q2 FY27 results?

Both grew from a year earlier: net profit was up 147.7% at ₹1,323 crore and revenue was up 52.8% at ₹10,076 crore. The operating margin was 24.8%, down 2.2 percentage points from 27.0% a year earlier. Against Q1 FY27, net profit was up 15.1% and revenue up 3.8%.

What was Adani Energy Solutions' operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹2,500 crore, a margin of 24.8%, against 25.0% in Q1 FY27 and 27.0% in Q2 FY26. EBITDA was ₹3,101 crore, 30.8% of revenue.

What was Adani Energy Solutions' revenue in Q2 FY27?

Revenue from operations was ₹10,076 crore, up 52.8% year on year and up 3.8% from the previous quarter.

What was Adani Energy Solutions' EPS in Q2 FY27?

Basic earnings per share were ₹11.01.

When did Adani Energy Solutions announce its Q2 FY27 results?

On Thursday, 22 October 2026 at 2:47 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 27 October 2025.

What was Adani Energy Solutions' net profit in the first half of FY27?

Consolidated net profit attributable to shareholders for the first half of FY27 (April–September 2026) was ₹2,472 crore, up 136.2% from ₹1,046 crore in the same months a year earlier. Revenue from operations was ₹19,787 crore, up 47.5%.

What is Adani Energy Solutions' net profit margin?

Adani Energy Solutions' net profit margin was 13.1% in Q2 FY27 (net profit attributable to shareholders as a share of revenue from operations), against 8.1% in Q2 FY26 (up 5.0 percentage points). For FY26 as a whole it was 8.3%.

What was Adani Energy Solutions' net profit in FY26?

Consolidated net profit attributable to shareholders was ₹2,283 crore in FY26 (April 2025–March 2026), up 115.3% from ₹1,060 crore in FY25. It was ₹1,137 crore in FY24 and ₹1,256 crore in FY23: up 81.7% over three years, 22.0% a year on average.

How has Adani Energy Solutions' profit changed over the last four quarters?

Net profit attributable to shareholders by quarter: ₹552 crore in Q3 FY26, ₹684 crore in Q4 FY26, ₹1,149 crore in Q1 FY27 and ₹1,323 crore in Q2 FY27. That is ₹3,708 crore over the four quarters, up 64.4% from ₹2,255 crore in the four quarters before. Revenue from operations: ₹6,730 crore, ₹7,443 crore, ₹9,711 crore and ₹10,076 crore.

What was Adani Energy Solutions' revenue in FY26?

Revenue from operations was ₹27,588 crore in FY26 (April 2025–March 2026), up 16.1% from ₹23,767 crore in FY25. It was ₹16,607 crore in FY24 and ₹13,293 crore in FY23: up 107.5% over three years, 27.6% a year on average.

When will Adani Energy Solutions announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

Where do these Adani Energy Solutions figures come from?

From Adani Energy Solutions' own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 22 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.