Advait Energy Transitions Records 66% YoY PAT Growth in Q1 FY27

Ahmedabad: Advait Energy Transitions Limited (AETL), an integrated energy solutions company operating across power transmission and new and renewable energy, today announced its unaudited financial results for the quarter ended June 30, 2026. The results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on August 7, 2026.

For Q1 FY27, the company reported consolidated revenue from operations of ₹179.27 crore, compared with ₹121.06 crore in Q1 FY26, representing a year-on-year increase of approximately 48%. Consolidated profit before tax stood at ₹20.92 crore, up approximately 63% from ₹12.83 crore in the corresponding quarter of the previous year. Profit after tax, including the share of profit/loss from associates and joint ventures, stood at ₹14.80 crore, compared with ₹8.93 crore in Q1 FY26, registering growth of approximately 66% year-on-year.

Key Financial Highlights

The quarter saw a strong contribution from Advait’s core Power Transitions Division, which generated consolidated segment revenue of ₹127.22 crore, compared with ₹75.99 crore in the corresponding quarter last year. The New & Renewable Energy business contributed ₹52.06 crore in segment revenue during the quarter, compared with ₹45.07 crore in Q1 FY26. Consolidated segment results stood at ₹21.43 crore for Power Transitions and ₹4.01 crore for New & Renewable Energy.

The performance reflects Advait’s evolving business mix as the company continues to build on its established power transmission capabilities while developing its presence across emerging energy transition segments. The company’s consolidated results include its businesses across Advait Greenergy Private Limited, Advait Transmission Tools Private Limited, Advait Unified Renewable Assets Private Limited, Advait Carbon Advisory & Renewables Assets Private Limited and Advait Battery Ecosystems Private Limited, along with its joint venture, TG Advait India Private Limited.

Shalin Sheth, Founder & Managing Director, Advait Energy Transitions Limited, said, “We have started FY27 with a healthy performance, supported by continued execution in our Power Transitions business and the growing contribution of our New & Renewable Energy portfolio. Further, we are excited to commence operations at our integrated manufacturing facility at Gangad, Ahmedabad. This state-of-the-art facility will strengthen our manufacturing capabilities across multiple strategic product lines, including Emergency Restoration Systems (ERS), stringing equipment, specialized conductors, Optical Fiber Ground Wire (OPGW), and Battery Energy Storage Systems (BESS), comprising containerized and C&I solutions with an annual manufacturing capacity of up to 2.8 GWh. This integrated facility marks another significant milestone in Advait’s growth journey. It will enhance our manufacturing capabilities, improve operational efficiencies, strengthen our competitive positioning, and support sustainable margin expansion, enabling us to continue delivering long-term value to all our stakeholders.

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At the standalone level, Advait Energy Transitions reported revenue from operations of ₹129.34 crore, an increase of approximately 76% from ₹73.46 crore in Q1 FY26. Standalone profit before tax increased to ₹16.95 crore from ₹10.57 crore, while profit after tax rose approximately 58% year-on-year to ₹12.63 crore from ₹8.01 crore.

The company’s consolidated segment assets stood at ₹798.71 crore as of June 30, 2026, compared with ₹667.06 crore as of March 31, 2026. New & Renewable Energy segment assets increased to ₹239.07 crore, from ₹141.74 crore at the end of FY26, while Power Transitions segment assets stood at ₹559.65 crore.

The Board also approved the unaudited standalone and consolidated financial results for the quarter in accordance with applicable SEBI regulations. The statutory auditors conducted a limited review of the quarterly results.

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