'Consolidated
net sales (including other operating income) of Adani Energy Solutions for the
quarter ended Jun 2024 has increased 47% to Rs 5378.55 crore. Revenues
witnessed a robust growth of 47% on account of the contribution from the newly
operationalized transmission assets, line addition at under-construction
projects and an increase in the units sold because of higher energy consumption
in the distribution business at Mumbai and Mundra and contribution from smart
metering business. Strong transmission
system availability of 99.7% at the portfolio level. AEML, the Mumbai distribution business
witnessed an increase in the energy consumed by 8%. Its distribution losses of
5.18% remains low and the utility added new consumers, reaching 3.2 million on
the back of reliable and affordable power supply
Operating
profit margin has declined from 34.64% to 30.69%, leading to 30.05% rise in
operating profi...
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