Adani Energy Solutions Limited — Investor Meet, 28-07-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Adani Energy Solutions (AESL) reported strong Q1FY26 financials: Total income up 28%, EBITDA rose 14% to INR 2,017 Cr, and PAT surged 71% to INR 539 Cr. Capex increased 1.7x to INR 2,224 Cr. Operationally, AESL commissioned three transmission projects, expanding its network. Smart meter installations accelerated, reaching 24 lakh this quarter for a cumulative 55.44 lakh. Management targets exceeding 1 crore meters this fiscal. The under-construction order book is robust at INR 59,300 Cr, with a significant INR 90,000 Cr bidding pipeline, including two large HVDC projects. The C&I business is gaining traction with 717 MW load. Sentiment remains confident on execution and future growth.