Advait Energy Transitions Ltd reported a consolidated profit of ₹969 million for the quarter ended June 30, 2025, marking a 79% year-on-year increase. This robust performance was driven by order execution in the power transmission segment and increased activity in the renewable energy vertical. Operating revenue surged to ₹11.843 billion, compared to ₹5.965 billion in the same period last year, while total revenue reached ₹12.105 billion, a significant jump from ₹6.026 billion in the corresponding quarter of the previous fiscal year.

In terms of business composition, power transmission solutions contributed ₹7.6 billion to quarterly revenue, while the new energy and renewables segment added ₹4.5 billion, highlighting the company's expansion in green energy infrastructure. Furthermore, the order book stood at ₹75.7 billion by the end of Q1 FY26, an 82% year-on-year growth, comprising 66% power transmission solutions and 34% new energy projects. The company is strategically advancing its energy transition initiatives, including developing a 300MW electrolyser manufacturing facility (as part of the Indian government's PLI (Production Linked Incentive) scheme), scalable to 1GW; while also executing over 300MW of solar EPC projects and up to 50MW of Battery Energy Storage Systems (BESS) projects.

Founder and Managing Director Shalin Sheth emphasized: "The significant growth in revenue and net profit underscores our strategy to expand market share and enhance operational capabilities. The team's commitment to innovation and customer satisfaction remains the core driver." Headquartered in Ahmedabad, Gujarat, Advait, established in 2010, has successfully executed over 450 projects across more than 45 countries globally. Through its portfolio encompassing electrolysers, fuel cell systems, hydrogen refuelling stations, and hydrogen storage solutions, the company is accelerating the transition towards a clean, smart, and self-sufficient energy ecosystem.
url:https://www.pv-magazine-india.com/2025/08/06/advait-energy-transitions-q1-consolidated-profit-up-79-yoy/