During Q3FY26, consolidated revenue reached ₹211.03 crore, representing 114 percent YoY growth and 35 percent quarter-on-quarter growth. EBITDA for the quarter stood at ₹28.75 crore, reflecting a 67 percent YoY increase and 48 percent QoQ growth.
Advait Energy Transitions Limited (AETL) has reported strong financial performance for the third quarter and nine months ended FY26, demonstrating continued execution momentum across its Power Transmission Solutions and New & Renewable Energy businesses.
For the nine months ended FY26, consolidated revenue from operations stood at ₹486.33 crore, marking a robust 138 percent year-on-year growth compared to the corresponding period last year. Consolidated EBITDA for 9MFY26 stood at ₹64.52 crore, reflecting an 82 percent YoY increase. Profit After Tax for the period stood at ₹36.50 crore, registering a strong 90 percent YoY growth. The performance reflects steady scaling of operations across both transmission infrastructure projects and renewable energy initiatives.
During Q3FY26, consolidated revenue reached ₹211.03 crore, representing 114 percent YoY growth and 35 percent quarter-on-quarter growth. EBITDA for the quarter stood at ₹28.75 crore, reflecting a 67 percent YoY increase and 48 percent QoQ growth. Profit After Tax for Q3FY26 stood at ₹17.39 crore, marking 78 percent YoY growth and 71 percent QoQ improvement. The quarter saw strong contribution from execution of EPC projects, growing traction in renewable energy installations, and ongoing expansion across strategic segments.
On a standalone basis, AETL reported revenue of ₹293.63 crore for 9MFY26, reflecting a 47 percent YoY growth. Standalone EBITDA for the period stood at ₹54.79 crore, registering a 53 percent YoY increase. Profit After Tax for 9MFY26 stood at ₹30.82 crore, reflecting a 41 percent YoY growth. The improved profitability demonstrates operational leverage and scale benefits from higher project execution volumes.
For Q3FY26 on a standalone basis, revenue stood at ₹124.71 crore, up 32 percent YoY and 31 percent QoQ. EBITDA for the quarter stood at ₹22.64 crore, reflecting 33 percent YoY growth and 25 percent QoQ growth. Profit After Tax stood at ₹12.51 crore, marking 20 percent YoY growth and 21 percent sequential growth. The quarter performance highlights steady demand across core product lines and successful execution of ongoing transmission and renewable projects.
As of 31st December 2025, the consolidated order book stood at ₹1,048 crore, reflecting a 132 percent year-on-year increase. Power Transmission Solutions contributes 84 percent of the order book, while New & Renewable Energy accounts for 16 percent. The strong order book provides healthy revenue visibility and supports the company’s continued expansion plans.
Major Operational Highlights in Q3FY26
During the quarter, Advait Energy Transitions continued to strengthen its long-term growth platform with steady progress on its upcoming multi-integrated manufacturing facility at Sanand, Gujarat. The facility is designed to expand product lines and manufacturing capacity across power transmission, renewable energy, energy storage, and hydrogen systems, and is expected to commence operations in Q3FY27, reinforcing the company’s focus on scale, integration, and domestic manufacturing.
Operationally, the company secured a landmark EPC order of approximately ₹216 crore from PGVCL for the reconductoring of 11 kV distribution lines, further reinforcing Advait’s leadership in large-scale power transmission and distribution infrastructure execution. During the quarter, the company also delivered flawless execution across multiple complex EPC projects, including MVCC conductor installations, underground cable works, and live-line OPGW deployments, reflecting strong on-ground execution capabilities across diverse project environments.
In the renewable energy segment, Advait commissioned and energised 12.5 MW of a 100 MW Solar EPC project at Khavda under a major renewable energy park, strengthening its presence in utility-scale solar EPC. The company also commenced execution of its first 50 MWh / 100 MW Battery Energy Storage System (BESS) project awarded by GUVNL under a 12-year BOO concession, marking a significant milestone in its expansion into long-duration energy storage infrastructure.
Advait continued to scale its energy transition capabilities across green hydrogen, electrolyzers, fuel cells, and energy storage technologies. During the quarter, its subsidiary, Advait Greenergy Private Limited (AGPL), completed a 1 MW green hydrogen plant in Gujarat and a 67.1 MWp ground-mounted solar project under IPP developer mode, while also progressing on large-scale BESS installations at Radhanpur.
The company further strengthened its technology and partnership ecosystem by forging high-impact strategic collaborations at India Energy Week 2026 with global technology players for AEM and PEM electrolyzer technologies and hydrogen storage systems. In addition, Advait entered into a licensing agreement with AVL List GmbH, Austria, for fuel cell manufacturing in India, advancing its ambition to build indigenous capabilities in advanced clean energy technologies and deepen its role in India’s energy transition.
Commenting on the performance, Mr. Shalin Sheth, Managing Director & Founder of Advait Group of Companies, stated that the strong order book growth and execution momentum reflect the company’s diversified capabilities across transmission infrastructure and energy transition segments. He highlighted that the recent Union Budget’s focus on energy security, renewable capacity expansion, and grid strengthening provides strong long-term tailwinds for the sector.
