Adani Energy Solutions Q2 Profit More Than Doubles on Tax Gain, Higher Sales
Adani Energy Solutions reported more than a doubling of quarterly profit, aided by a deferred tax gain and higher sales in its transmission and smart-meter businesses.
India's Adani Energy Solutions (NSE:ADANIENSOL) said quarterly profit more than doubled on Thursday, supported by a deferred tax gain and increased sales in its transmission and smart-meter businesses. The exchange rate was $1 = 94.8500 Indian rupees.