Advait Energy Transitions Revenue Rises 48 Percent to INR 179.27 Crore, PAT Jumps 66 Percent in Q1 FY27

Advait Energy Transitions Ltd. (AETL) reported a 66 percent year on year increase in consolidated profit after tax (PAT) to INR 14.80 crore for the quarter ended June 30, 2026, compared with INR 8.93 crore in Q1 FY26.

Consolidated revenue from operations rose 48 percent year on year to INR 179.27 crore from INR 121.06 crore in the corresponding quarter last year. Consolidated profit before tax increased 63 percent to INR 20.92 crore from INR 12.83 crore.

The company’s Power Transitions division remained the key contributor during the quarter, recording consolidated segment revenue of INR 127.22 crore, up from INR 75.99 crore in Q1 FY26. The segment reported a result of INR 21.43 crore.

The New and Renewable Energy business generated segment revenue of INR 52.06 crore during Q1 FY27, compared with INR 45.07 crore a year earlier, while its consolidated segment result stood at INR 4.01 crore.

At the standalone level, revenue from operations increased 76 percent to INR 129.34 crore from INR 73.46 crore in Q1 FY26. Standalone profit after tax rose 58 percent to INR 12.63 crore from INR 8.01 crore, while profit before tax increased to INR 16.95 crore from INR 10.57 crore.

The company said its performance reflects continued execution in its Power Transitions business and a growing contribution from its New and Renewable Energy portfolio.

Advait also commenced operations at its integrated manufacturing facility at Gangad, Ahmedabad, which will manufacture Emergency Restoration Systems, stringing equipment, specialised conductors, Optical Fiber Ground Wire and Battery Energy Storage Systems. The facility will have annual BESS manufacturing capacity of up to 2.8 GWh, covering containerised and commercial and industrial solutions.

As of June 30, 2026, the company’s consolidated segment assets stood at INR 798.71 crore, compared with INR 667.06 crore as of March 31, 2026. Assets under the New and Renewable Energy segment increased to INR 239.07 crore from INR 141.74 crore, while Power Transitions segment assets stood at INR 559.65 crore.

Shalin Sheth, Founder and Managing Director of Advait Energy Transitions, said that the company had started FY27 with a healthy performance, supported by continued execution in Power Transitions and increasing contributions from its New and Renewable Energy portfolio. He added that the new integrated manufacturing facility is expected to strengthen manufacturing capabilities, improve operational efficiency and support margin expansion.