<p>New Delhi: Adani Energy Solutions on Monday posted 46 per cent rise in consolidated net profit to Rs 284 crore for September quarter 2023-24, mainly on the back of higher revenues. In the year-ago period, the profit was Rs 194 crore, a company statement said.</p>.<p>Total revenue rose to Rs 3,421 crore in the quarter from Rs 3,032 crore in the year-ago period.</p>.<p>Revenue witnessed a double-digit growth in the quarter on account of various factors including customer additions, the company said.</p>.SC to consider plea for listing of PILs on Adani-Hindenburg row.<p> It said the proportion of renewable power in the total energy mix further increased to 38 per cent. The energy demand (units sold) improved by 9.5 per cent year-on-year, driven by an increase in industrial segment demand.</p>.<p>Distribution loss of Adani Energy Solutions Ltd (AESL) in the September quarter was at 5.81 per cent, with a higher share of e-payments at 79.2 per cent.</p>.<p>'Our pipeline of projects in both transmission and smart metering will further strengthen our pan-India presence and consolidate our position.</p>.<p>"AESL is...pursuing disciplined growth with strategic and operational de-risking, capital conservation, ensuring high credit quality, and business excellence with high governance standards," Anil Sardana, Managing Director of AESL, said. </p>
<p>New Delhi: Adani Energy Solutions on Monday posted 46 per cent rise in consolidated net profit to Rs 284 crore for September quarter 2023-24, mainly on the back of higher revenues. In the year-ago period, the profit was Rs 194 crore, a company statement said.</p>.<p>Total revenue rose to Rs 3,421 crore in the quarter from Rs 3,032 crore in the year-ago period.</p>.<p>Revenue witnessed a double-digit growth in the quarter on account of various factors including customer additions, the company said.</p>.SC to consider plea for listing of PILs on Adani-Hindenburg row.<p> It said the proportion of renewable power in the total energy mix further increased to 38 per cent. The energy demand (units sold) improved by 9.5 per cent year-on-year, driven by an increase in industrial segment demand.</p>.<p>Distribution loss of Adani Energy Solutions Ltd (AESL) in the September quarter was at 5.81 per cent, with a higher share of e-payments at 79.2 per cent.</p>.<p>'Our pipeline of projects in both transmission and smart metering will further strengthen our pan-India presence and consolidate our position.</p>.<p>"AESL is...pursuing disciplined growth with strategic and operational de-risking, capital conservation, ensuring high credit quality, and business excellence with high governance standards," Anil Sardana, Managing Director of AESL, said. </p>