Adani Energy Solutions earnings calls.

Adani Energy Solutions delivered a strong Q3 FY26 with consolidated EBITDA of ₹2,200 croreCurrent reported value: ₹2,200 crore. No comparable prior figure is available in the source record. (+21% YoY) and PAT of ₹800 croreCurrent reported value: ₹800 crore. No comparable prior figure is available in the source record. (+43Current reported value: 43. No comparable prior figure is available in the source record.% YoY), driven by transmission project completions and smart meter ramp-up. Revenue grew 16% YoYCurrent reported value: 16% YoY. No comparable prior figure is available in the source record.. The company commissioned three transmission projects in 9M and expects to commission Mumbai HVDC within 30Current reported value: 30. No comparable prior figure is available in the source record.-45 days. Smart meter installations reached 92 lakhCurrent 92 lakh. Reported change: +19 lakh in Q3. (19 lakh in Q3), on track to cross 1 crore by year-end. Management guided for capitalization of ₹25,000 croreCurrent ₹25,000 crore. Reported change: N/A. over the next 12-15 months from seven transmission projects. The order pipeline stands at ₹78,000 croreCurrent ₹78,000 crore. Reported change: +₹19,000 crore (KPS3 HVDC win)., with ₹80,000-1,00,000 crore of bidding expected in the next 12-15 months. Risks include execution delays from land acquisition and regulatory approvals, and potential slowdown in smart meter bidding.