Adani Energy Solutions on Monday reported a 21% fall in its net profit in the second quarter of the current fiscal at Rs 534 crore, missing analyst estimates of Rs 742 crore. The Adani Group firm had reported a profit of Rs 675 crore in the corresponding quarter of the previous fiscal.

In Q2, the company had a one-time positive impact of deferred tax of Rs 314 crore. In like-for-like comparison, its Q2 adjusted PAT was up 21% year-on-year, it said.

The company missed analyst estimates on the revenue front too and posted a 7% growth in revenue at Rs 6,596 crore in Q2 compared with Rs 6,184 crore in Q2FY25. Analysts had estimated a revenue of Rs 7,187 crore.

While Ebitda went up by 28.1% at Rs 2,289 crore, beating analyst estimates by a narrow margin , Ebitda margins went up by 28.

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