Standalone and Consolidated Audited Financial Results for the quarter and year ended March 31, 2025
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Advait Energy Transitions Ltd reported strong FY25 results with consolidated revenue from operations surging to Rs. 39,910.91 lakhs from Rs. 20,884.61 lakhs in FY24 (~91% growth). Consolidated profit for the year rose to Rs. 3,205.35 lakhs (~46% growth) versus Rs. 2,187.99 lakhs last year. On a standalone basis, revenue grew ~42% to Rs. 29,548.09 lakhs and PAT grew ~48% to Rs. 3,149.37 lakhs. Standalone EPS stood at Rs. 29.57 (vs Rs. 20.92), while consolidated EPS was Rs. 29.06 (vs Rs. 21.45). Total assets nearly doubled to Rs. 49,215.66 lakhs. The Board recommended a dividend of Rs. 1.75 per equity share and approved 7,297 ESOP grants. The auditor issued a qualified opinion on consolidated results due to an unrectified Rs. 103.45 lakh import-related error from FY21 in a joint venture.
The sharp revenue and profit growth signals strong business momentum and should be positive for shareholders, further supported by the dividend and ESOP grants. However, the auditor's qualified opinion on consolidated financials, stemming from a deferred correction of an old error in a joint venture, is a mild governance concern investors should monitor.