Advait Energy Transitions Q2 FY27 Results: Consolidated Net Profit ₹19.18 Crore on Total Income of ₹223 Crore
Earnings
Power transmission
Blacklitt Research4 min read
Ron Clausen, via Wikimedia Commons (CC0). Illustrative image.
Advait Energy Transitions reported consolidated total income of ₹222.94 crore and net profit of ₹19.18 crore for the quarter ended 30 Sep 2026. Standalone total income was ₹171.75 crore and standalone net profit ₹17.10 crore for the same quarter, the company said in a filing on 30 Oct 2026.
Key highlights
Consolidated
Including its subsidiaries
Total income: ₹222.94 crore, up 40.3% YoY and 23.2% QoQ
Net profit and EPS: ₹19.18 crore, up 88.5% YoY; basic EPS ₹16.83 against ₹8.87 a year earlier
Owners' share of profit: ₹18.43 crore to owners of the parent, against ₹9.60 crore a year earlier
Segment revenue: PTS ₹165.87 crore against ₹97.37 crore; NRE ₹55.06 crore against ₹61.59 crore
Standalone
The company on its own, without its subsidiaries
Total income: ₹171.75 crore, up 74.7% YoY and 31.3% QoQ
Net profit and EPS: ₹17.10 crore, up 66.1% YoY; basic EPS ₹15.62 against ₹9.43 a year earlier
Finance costs: ₹5.59 crore against ₹3.44 crore a year earlier, up 62.5%
Summary
Consolidated ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
222.94
158.96
+40.3%
180.91
+23.2%
Revenue from operations
220.94
156.87
+40.8%
179.27
+23.2%
Other income
2.00
2.09
-4.1%
1.63
+22.7%
19.18
10.18
+88.5%
14.80
+29.6%
Profit before tax
27.19
15.05
+80.6%
20.92
+30.0%
Finance costs
5.66
3.54
+59.7%
4.52
+25.1%
Depreciation
1.09
0.81
+34.6%
0.96
+13.0%
Tax expense
7.16
4.12
+74.0%
5.29
+35.2%
Net profit margin
8.61%
6.40%
+2.20 pp
8.18%
+0.42 pp
EPS, basic (₹)
16.83
8.87
+89.7%
12.70
+32.5%
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Consolidated net profit rose 88.5% YoY, faster than total income (up 40.3%). Net profit was ₹19.18 crore against ₹10.18 crore, and profit before tax was ₹27.19 crore against ₹15.05 crore. Against the quarter ended 30 Jun 2026, consolidated net profit rose 29.6%, faster than total income (up 23.2%). Consolidated tax expense of ₹7.16 crore is 26.3% of profit before tax of ₹27.19 crore, against ₹4.12 crore a year earlier.
Other income was ₹2.00 crore against ₹2.09 crore a year earlier, down 4.1%, and is 0.9% of total income this quarter. Finance costs were ₹5.66 crore against ₹3.54 crore, up 59.7%, and depreciation was ₹1.09 crore against ₹0.81 crore.
By segment, Power Transmission Solution (PTS) revenue was ₹165.87 crore against ₹97.37 crore a year earlier, while New Renewable Energy (NRE) revenue was ₹55.06 crore against ₹61.59 crore. The year-earlier consolidated column is marked Unaudited and Restated.
The statement shows net profit to owners of the parent of ₹18.43 crore, against ₹9.60 crore a year earlier. It also shows a share of loss from associates and joint ventures of ₹84.55 lakh. The auditor's conclusion on the consolidated results is stated as not modified in respect of the subsidiaries and joint venture reviewed by other auditors or certified by management.
Standalone ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
171.75
98.34
+74.7%
130.81
+31.3%
Revenue from operations
170.06
95.46
+78.1%
129.34
+31.5%
Other income
1.70
2.88
-41.0%
1.47
+15.6%
17.10
10.30
+66.1%
12.63
+35.4%
Profit before tax
23.18
13.87
+67.1%
16.95
+36.8%
Finance costs
5.59
3.44
+62.5%
4.47
+25.2%
Depreciation
0.98
0.80
+23.2%
0.95
+3.6%
Tax expense
6.08
3.57
+70.2%
4.32
+40.7%
Net profit margin
9.96%
10.47%
-0.52 pp
9.66%
+0.30 pp
EPS, basic (₹)
15.62
9.43
+65.6%
11.54
+35.4%
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone net profit rose 66.1% YoY, slower than total income (up 74.7%). Net profit was ₹17.10 crore against ₹10.30 crore, and profit before tax was ₹23.18 crore against ₹13.87 crore. Against the quarter ended 30 Jun 2026, total income rose 31.3% to ₹171.75 crore from ₹130.81 crore, and net profit rose 35.4% to ₹17.10 crore from ₹12.63 crore.
Other income was ₹1.70 crore against ₹2.88 crore a year earlier, down 41.0%, and is 1.0% of total income this quarter. Finance costs were ₹5.59 crore against ₹3.44 crore, and tax expense was ₹6.08 crore against ₹3.57 crore.
Inference
The Nomination and Remuneration Committee approved the grant of 1,515 stock options under the Advait Employee Stock Option Plan 2022 (ESOP 2022), at an exercise price of ₹10 per share, with no lock-in period under the plan.
The company approved the acquisition of 1,000 more shares of Advait Unified Renewable Assets Private Limited for ₹10,000 in cash, which takes its holding to 90%, and took note of the acquisition of 12,733 shares of Advait Greenergy Private Limited for ₹7.96 crore, which takes its holding to 79.65%. The filing gives 26 Oct 2026 as the allotment date for the Advait Greenergy shares, which were acquired as a rights issue, and 28 Feb 2027 as the indicative completion date for the other acquisition.
Consolidated total assets were ₹900.22 crore at 30 Sep 2026 against ₹667.06 crore at 31 Mar 2026. In the half year, the consolidated cash flow statement shows capital expenditure of ₹126.31 crore and net cash used in operating activities of ₹28.68 crore. The filing does not give the reason for the higher capital spending or any plan for the coming quarters.
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ADVAITAdvait Energy Transitions Ltd.
