Adani Energy Solutions Ltd reported a consolidated net profit of ₹534 crore for Q2 FY26, down 21 % from ₹675 crore a year ago, even as revenue rose 7 % to ₹6,596 crore. The company cited rising costs and transmission/distribution segment pressures despite higher smart meter deployment. Its order-book pipeline in transmission projects remains robust at ~₹60,004 crore, with a smart-meter order pipeline of 2.46 crore meters valued at ~₹29,519 crore. The stock closed marginally higher post-results.