Adani Energy Solutions (formerly Adani Transmission) reported a 5.9 per cent dip in net profit (attributable to the owners) for the June 2023 quarter (Q1FY24) compared to a year ago.
The company reported a double-digit growth in revenue, while other income slipped significantly.
For Q1FY24, net profit was Rs. 175.1 crore, lower by 5.9 per cent from a year ago.
Revenue in the same period rose 20 per cent year-on-year (YoY) to Rs. 3,663.9 crore. Other income of the company also fell significantly to Rs. 108.3 crore a dip of 83.4 per cent from a year ago.