Shares of Adani Energy Solutions (ADANIENSOL) slipped 2.3% to ₹924.6, marking their worst session in a month.
The company reported a ~21% year-on-year decline in Q2 consolidated net profit, impacted by a ₹3.34 billion expense related to regulatory adjustment balance changes and a ₹1.87 billion tax expense.
Despite the profit dip, revenue rose ~7% y/y. Year-to-date, the stock remains up ~15%.