Results - Announcements
Advait Energy Transitions Limited share price inched up 1.42% to Rs 1712.0. The Company's net profit tanked by 21.69% to Rs 15.63 crore, while revenue from operations dropped sharply 21.44% to Rs 179.27 crore in Q2FY26 over Q1FY26.
The market capitalization of Other Electrical Equipment industry group stocks on BSE stood at Rs 3.36 lakh crore, declining 3.88%. It has marginally improved by 4.32% over last one week and edged lower by 3.99% in last one month while the market capitalization of Advait Energy Transitions Limited has improved by 8.28% and 25.76% in the same period respectively.
Profit before tax (PBT) of Advait Energy Transitions Limited stood at Rs 20.92 crore in Q2 FY26, expanding by 63.06% year-on-year, and tumbling by 22.32% quarter-on-quarter. EBITDA came in at Rs 23 crore, rallying 107.91% YoY and slipping 9.54% sequentially.
Total expenses saw a steep drop of 22.41% to Rs 155.46 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 125.47 crore, advancing by 10.46% YoY, while employee benefits expense was at Rs 4.3 crore, tanking by 19.48% YoY.
For the TTM ended FY26, revenue from operations surged 79.68% to Rs 714.52 crore, while net profit saw a strong growth of 74.73% to Rs 58.08 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 4404% to Rs 71.06 crore, and PBT jumped 69.82% to Rs 77.88 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 9.68 crore in FY26, as against Rs 45.59 crore in FY25.
Advait Energy Transitions Limited softened by 3.72% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 12.76% during the same period.