Advait Energy Transitions Ltd reported an 88.5 per cent year-on-year increase in consolidated net profit to Rs 19.18 crore for the quarter ended September 30, 2026, supported by strong revenue growth and improved operating performance, as the power transmission solutions company expands its presence in renewable energy and battery storage.
Revenue for the July-September quarter rose 40.8 per cent to Rs 220.9 crore from Rs 156.9 crore a year earlier, while earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 84.4 per cent to Rs 31.9 crore from Rs 17.7 crore, the company said in a statement.
The company's performance was similarly strong in the first half of the current financial year. Consolidated revenue for the six months ended September 2026 increased 45.4 per cent to Rs 400.2 crore from Rs 275.3 crore in the corresponding year-ago period. EBITDA grew 82.6 per cent to Rs 56.7 crore, while net profit rose 77.9 per cent to Rs 34 crore from Rs 19.1 crore.
The growth comes amid rising investments in power transmission infrastructure, grid modernisation and renewable energy integration, which are creating demand for the company's transmission solutions and engineering capabilities.
"The first half of FY27 has been encouraging, with strong revenue growth and a significant improvement in profitability. Our power transmission solutions business continues to be a key growth driver, supported by investments in transmission infrastructure, grid modernisation and renewable energy integration. We are expanding our capabilities to serve a wider range of customers and projects," Shalin Sheth, founder and managing director of Advait Energy Transitions, said.