Advait Energy Transitions Limited (BSE: ADVAIT), a leading player in India’s power infrastructure and clean energy transition, released its Annual Report for FY 2024-25, marking a landmark year of rapid growth and diversification.
Key Highlights from the Annual Report:
1. Record Revenue & Profit Growth:
Revenue surged 42.4% YoY to ₹2,954.8 million, while net profit grew 47.6% YoY to ₹314.9 million.
EBITDA grew 46.1% YoY to ₹542 million, with margins improving by 46 bps to 18.34%.
2. Robust Order Book:
Order book reached ₹5.03 billion as of March 2025, reflecting a 146% YoY growth, and has further expanded to ₹8.0 billion by May 2025.
3. New Business Milestones:
- Commissioned India’s first green hydrogen-based microgrid system for THDC India Ltd.
- Initiated a 1 MW Green Hydrogen Project and commenced development of a 300 MW Electrolyser Manufacturing Facility in Gujarat.
- Expanded into Battery Energy Storage Systems (50 MW / 100 MWh) under GUVNL’s tariff-based bidding.
- Strengthened Solar EPC execution with 167.5 MW under implementation.
4. Strategic Collaborations:
Partnerships forged with TECO2030 (Norway) and AVL List GmbH (Austria) to develop fuel cell solutions and advance clean energy technology in India.
5. ESG & Climate Leadership:
Advait ventured into carbon markets, managing 4+ million verified carbon credits with a target of 80 million by 2027, reinforcing its commitment to climate-positive growth.
“FY25 was not just about growth. It was about purpose. We are evolving from a niche transmission solutions provider into a multi-vertical clean-tech leader. Our mission remains clear: to drive India’s energy transition with innovation, resilience, and sustainability.” Shalin Sheth, Founder & Managing Director of Advait Energy Transitions Limited, stated.
The full Annual Report 2024-25 is available on: https://www.advaitgroup.co.in/
About Advait Energy Transitions Limited
Advait Energy Transitions Limited (AETL) is a leading integrated energy solutions company headquartered in Ahmedabad, India. With over 16 years of expertise, Advait operates across power transmission, renewable energy, and clean-tech solutions, serving clients in 45+ countries. The company manufactures OPGW cables, ACS wires, Emergency Restoration Systems, and stringing tools, while delivering turnkey EPC projects. Advait has forayed into Green Hydrogen, Solar EPC, Battery Energy Storage Systems, and carbon market services, aligning with India’s energy transition goals. Guided by the vision “Transforming Energy, Transforming Lives”, Advait is committed to innovation, sustainability, and nation-building.
For more information, visit https://www.advaitgroup.co.in/
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