'Buy' Adani Energy Shares Maintains ICICI Securities Post Q2 Results, Sees 22% Upside - Check Target Price

1 week ago 8

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Adani Energy Solutions' earnings increased on account of new assets and revenue was cut due to expectations of lower deprecation in older cost-plus assets.

29 Oct 2025, 01:21 PM IST i

29 Oct 2025, 01:21 PM IST

29 Oct 2025, 01:21 PM IST

Adani Energy Solutions is the second-largest transmission player in the country in bids.

(Photo: Adani Energy Solutions Ltd. website)

Adani Energy Solutions' reported revenue for the quarter grew 2% YoY (Rs 63 billion). However, operating revenue (adjusted for construction revenues booked under Service Concession Accounting) grew 8% YoY to Rs 45 billion.

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