Indian billionaire Gautam Adani continues to grow his business empire. The 63-year-old runs Adani Group as chairman. The group has a presence in several sectors, including Energy. Now, his Adani Energy Solutions has posted a 28 per cent decline in consolidated net profit to Rs 557.10 crore for the September quarter, PTI reported. This is mainly due to one-time adjustment of deferred tax of Rs 314 crore in the year-ago period. Adani Energy Solutions Ltd (AESL) had reported a net profit of Rs 773 crore in the July-September quarter of the last fiscal.

"The reported PAT has been adjusted for a one-time positive impact of deferred tax of Rs 314 crore in Q2 FY25 last year for like-for-like comparison," the company said in a statement. The company's total income increased by 6.4 per cent to Rs

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