As of September 2023, Net debt to EBITDA stands at 3.8x. Earnings before interest, taxes, depreciation and amortisation (EBITDA) grew by 6 percent to Rs 1,443 crore. By 9:50am, the stock was trading at RS 775, around 0.4 percent higher than yesterday's close.Īdani Energy Solutions, formerly knows as Adani Transmission reported a 13 percent revenue increase to Rs 3,421 crore.
On November 6, at close, the stock was trading at Rs 771.85. The results were announced post market close. For the quarter ending September 2023, net profit grew by 47 percent to Rs 248 crore.
Shares of Adani Energy Solutions (AESL) opened at Rs 781.45, around 1.2 percent higher, on November 7 after the power producer reported its Q2FY24 results on November 6.
