Adani Energy sees ₹644 cr block deal; Birla MF takes 0.4% stake from Qatar Holding

Qatar Holding LLC sold 48.1 lakh shares, representing a 0.4% stake in Adani Energy Solutions, for ₹644 crore through a block deal, according to exchange data. The transaction was executed at an average price of ₹1,339 per share, with Birla Mutual Fund purchasing the entire stake at the same price.

In November 2025, GQG Partners Emerging Markets Equity CIT and GQG Partners International Equity CIT together purchased over 53.9 lakh shares at ₹1,021.55 apiece from Reliance Trust Institutional Retirement Trust entities, according to Trendlyne data.

Earlier, in August 2025, Envestcom Holding RSC Ltd offloaded nearly 2.2 crore shares across the BSE and NSE at ₹790 per share, the website added.

Adani Energy Solutions on April 23 reported a 5.7% year-on-year rise in consolidated net profit to ₹683.8 crore for the fourth quarter, compared with ₹647.2 crore in the corresponding period last year.

Revenue rose 16.8% year-on-year to ₹7,443 crore from ₹6,374.6 crore. EBITDA, however, declined 4.7% to ₹2,145 crore from ₹2,251 crore a year earlier, while EBITDA margin narrowed to 28.8% from 35.3%.

For FY26, the company reported its highest-ever annual EBITDA of ₹8,726 crore, up 13% year-on-year, while profit after tax (PAT) increased 32% to ₹2,393 crore. Total income grew 15.9% year-on-year to a record ₹28,325 crore, driven by improved operating performance and higher Service Concession Arrangement income.