Adani Energy Solutions Q1FY24 Results: Consolidated PAT Down to Rs. 175.06 Cr

Adani Green Energy Q2 FY24 Results: Consolidated PAT Rises to Rs. 371 Cr

Adani Energy Solutions Q1 results show revenue up from 3494.84 crores to 3772.25 crores, a 7.94% increase in growth. EPS down from ₹3.49 to ₹1.57, down by -55.01%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Adani Energy Solutions shared its Q1 results on Monday. They earned 3772.25 crores in revenue this quarter, but that’s more than the 3494.84 crores they made last quarter. The company’s growth increased by 7.94 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 175.06 crores, down from 389.45 crores in the previous quarter. Their quarter-to-quarter growth decreased by -55.05 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹1.57, which is a decrease of -55.01% from the ₹3.49 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 3772.25 crores this year (2023), which is 16.08 percent higher than last year’s total revenue of 3249.74 crores.

This year’s PAT (Profit After Tax) is 175.06 crores, which is also -5.88% lower than last year’s PAT of 185.99 crores.

The EPS (Earnings Per Share) for this year is ₹1.57, which is 4.67% more than the EPS of ₹1.50 earned last year.

Also Read: GAIL Q1FY24 Results: Consolidated PAT Raise to Rs. 1791.85 Cr

Adani Energy Solutions Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Adani Energy Solutions:

Adani Transmission Ltd, with its headquarters situated in Ahmedabad, is an electric power transmission company. At present, it stands as one of the largest private sector power transmission companies operating within India.

Download the Full PDF of Adani Energy Solutions Q1 Results: Click Here

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