Latest news with #AdvaitEnergyTransitions
Business Standard
29-05-2025
- Business
- Business Standard
Advait Energy Transitions rises on securing Rs 50-cr order from DGVCL
Advait Energy Transitions gained 3.48% to Rs 1,642.32 after the company announced that it has received a Letter of Acceptance (LoA) worth Rs 49.99 crore from Dakshin Gujarat Vij Company (DGVCL). As per the exchange filing, the turnkey contract involves the supply, installation, testing, and commissioning of 11 KV 55mm AAAC Medium Voltage Covered Conductor (MVCC) along with its accessories. Notably, poles and associated fabrications required for the project will be provided by DGVCL. The project, awarded under the Vanbandhu Kalyan Yojana (VKY-2) Scheme, is to be executed within a period of 15 months. Advait Infratech is engaged in the business of providing products and solutions for power transmission, power substation, and telecommunication infrastructure fields. Also, it operates with various verticals such as turnkey telecommunication projects and installation of power transmission, substations, and telecom products. The companys consolidated net profit surged 78.14% to Rs 12.88 crore in Q4 FY25 as against Rs 7.23 crore posted in Q4 FY24. Revenue from operations zoomed 255.91% year on year to Rs 194.67 crore in the quarter ended 31 March 2025.
Business Standard
14-05-2025
- Business
- Business Standard
Advait Energy Transitions secures orders worth Rs 86 cr from Power Grid
Advait Energy Transitions has accepted order(s) on 14 May 2025, in normal course of business for supply of goods contract for Package OPGW-04: OPGW supply & installation package for various transmission lines PAN India locations under BULK IMPLEMENTATION (Supply + Erection) for OPGW and communication equipment by Power Grid Corporation of India. The value of the orders aggregate to Rs 86.14 crore. Powered by Capital Market - Live News
Business Standard
13-05-2025
- Business
- Business Standard
Advait Energy Transitions spurts after Q4 PAT climbs 78% YoY to Rs 13 cr
Advait Energy Transitions jumped 5.53% to Rs 1,312 after the company's consolidated net profit surged 78.14% to Rs 12.88 crore in Q4 FY25 as against Rs 7.23 crore posted in Q4 FY24. Revenue from operations zoomed 255.91% year on year to Rs 194.67 crore in the quarter ended 31 March 2025. Profit before tax soared 86.34% to Rs 18.43 crore in the fourth quarter of FY25, compared to Rs 9.89 crore reported in the same period last year. Total expenses spiked 251.60% to Rs 180.09 crore in Q4 FY25 as compared with Rs 51.22 crore in Q4 FY24. Cost of material consumed stood at Rs 45.54 crore (up 42.31% YoY), employee benefits expense was at Rs 3.61 crore (down 24% YoY) and erection, subcontracting, and other project expenses were at Rs 33.01 crore (up 148.38%) during the period under review. On a full-year basis, the companys consolidated net profit jumped 46.48% to Rs 32.05 crore on a 91.09% surge in revenue to Rs 399.11 crore in FY25 over FY24. Meanwhile, the company has recommended a dividend of Rs 1.75 per equity share for the financial year ended 31st March 2025. Advait Infratech is engaged in the business of providing products and solutions for power transmission, power substation, and telecommunication infrastructure fields. Also, it operates with various verticals such as turnkey telecommunication projects and installation of power transmission, substations, and telecom products.
Business Standard
13-05-2025
- Business
- Business Standard
Advait Energy Transitions consolidated net profit rises 57.40% in the March 2025 quarter
Sales rise 225.92% to Rs 194.67 crore Net profit of Advait Energy Transitions rose 57.40% to Rs 11.38 crore in the quarter ended March 2025 as against Rs 7.23 crore during the previous quarter ended March 2024. Sales rose 225.92% to Rs 194.67 crore in the quarter ended March 2025 as against Rs 59.73 crore during the previous quarter ended March 2024. For the full year,net profit rose 41.45% to Rs 30.95 crore in the year ended March 2025 as against Rs 21.88 crore during the previous year ended March 2024. Sales rose 91.10% to Rs 399.11 crore in the year ended March 2025 as against Rs 208.85 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 194.6759.73 226 399.11208.85 91 OPM % 9.7719.17 - 12.6717.30 - PBDT 19.2510.67 80 48.1532.10 50 PBT 18.439.89 86 44.6729.46 52 NP 11.387.23 57 30.9521.88 41
Business Standard
08-05-2025
- Business
- Business Standard
Advait Energy gains on securing Rs 7-cr BESS order
Advait Energy Transitions rallied 3.90% to Rs 1,180.05 after the company announced that it had received an order worth Rs 7.43 crore from Gujarat BESS, Sanand. The contract covers the supply, erection, testing, and commissioning of the 180 MW / 360 MWh BESS project (AC side) at Gujarat BESS, Sanand. The total project cost is Rs 7,43,40,944. The mechanical completion is scheduled for 30 November 2025, with final charging expected to be completed by 23 December 2025. Advait Infratech is engaged in the business of providing products and solutions for power transmission, power substation, and telecommunication infrastructure fields. Also, it operates with various verticals such as turnkey telecommunication projects and installation of power transmission, substations, and telecom products. The company's consolidated net profit advanced 27.2% to Rs 9.78 crore on a 35.4% jump in net sales to Rs 98.45 crore in Q3 FY25 over Q3 FY24.
