Adani Energy Solutions has incorporated a wholly owned subsidiary company in the name of �Adani Energy Solutions Step-Ten on 18 December 2024. This new company will be engaged in transmission, distribution and supply of power and other infrastructure services relating thereto.Powered by Capital Market - Live News

Adani Energy Solutions has received credit ratings as under:1 ICRA  - Reaffirmed the credit rating of Commercial Papers as ICRA A1+. 2 India Ratings & Research - Reaffirmed the credit ratings of the Company and its operating subsidiaries as debt rated at `IND AA+`/Stable. 3 Moody`s - Adani Transmission Step-One (ATSOL) a subsidiary of the Company - Baa3 ratings affirmed; outlook changed to negative from stable. - Adani Transmission Restricted Group 1 (AESL RG1), which comprises Barmer Power Transmission Service; Raipur-Rajnandgaon-Warora Transmission; Sipat Transmission ; Thar Power Transmission Service ; Hadoti Power Transmission Service ; Chhattisgarh-WR Transmission - Baa3 ratings affirmed; outlook changed to negative from stable.- Adani Electricity Mumbai (AEML) - Baa3 ratings affirmed; outlook changed to negative from stable. 4. Fitch Ratings - Placed Adani Energy Solutions` (AESL) LongTerm Foreign- and Local-Currency Issuer Default Ratings of `BBB-` and the `BBB-` ratings on Adani Electricity Mumbai`s (AEML) senior secured notes on Rating Watch Negative (RWN). The `BBB-` ratings on the notes issued by AESL`s subsidiary, Adani Transmission Step-One, have also been placed on RWN. Powered by Capital Market - Live News

Adani Energy Solutions announced that S&P Global Ratings have reaffirmed the ratings of the Adani Electricity Mumbai, a material Subsidiary of the Company at �BBB-� and changed the outlook from �Stable� to �Negative. Powered by Capital Market - Live News

Net profit of Adani Energy Solutions rose 144.66% to Rs 674.96 crore in the quarter ended September 2024 as against Rs 275.88 crore during the previous quarter ended September 2023. Sales rose 68.32% to Rs 6183.70 crore in the quarter ended September 2024 as against Rs 3673.87 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales6183.703673.87 68 OPM %27.7436.75 - PBDT1078.30801.92 34 PBT594.23369.87 61 NP674.96275.88 145 Powered by Capital Market - Live News

Adani Energy Solutions will hold a meeting of the Board of Directors of the Company on 22 October 2024.Powered by Capital Market - Live News