The contract awarded to Advait Infra is part of a larger initiative of GUVNL to install 500 MW/1000 MWh of standalone battery energy storage systems in Gujarat under tariff-based global competitive bidding (Phase-IV) with viability gap funding support. The company would be responsible for the design, engineering, procurement, construction, and commissioning of the 50 MW/500 MWh system. The project awarded to Advait Infra has to be executed within a period of 18 months. Advait Infratech is engaged in business of providing products and solutions for power transmission, power substation and telecommunication infrastructure fields. The company's consolidated net profit declined 21.1% to Rs 4.3 crore on a 5.6% slide in net sales to Rs 46.19 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

Advait Infratech has received an order from Gujarat Energy Transmission Corporation for supply, installation, testing & commissioning of conversion of line with DOG Conductor into equivalent HTLS Conductor (Equivalent weight of DOG Conductor with Higher Ampacity) of Surendranagar Circle for (1) 66KV Dhrangadhra (220KV) - Dhrangadhra Line (2) 66KV Viramgam - KANZ Line dated 06-Jan-2025. Powered by Capital Market - Live

The order involves the supply, installation, testing and commissioning of the conversion of lines with DOG Conductor into equivalent HTLS Conductor, which offers higher ampacity. The work will be carried out for two lines: (1) 66KV Dhrangadhra (220KV)-Dhrangadhra Line and (2) 66KV Viramgam-KANZ Line, under the Surendranagar Circle. The company confirmed that the order was received on 6 January 2025 and is expected to be completed within six months. Advait Infratech is engaged in business of providing products and solutions for power transmission, power substation and telecommunication infrastructure fields. The company's consolidated net profit declined 21.1% to Rs 4.3 crore on a 5.6% slide in net sales to Rs 46.19 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

The contract comprises supply and installation of 24 F OPGW on a turnkey basis for the 400 KV Kurukshetra-Malerkotla line. The project is to be executed in 7 months. Advait Infratech is engaged in business of providing products and solutions for power transmission, power substation and telecommunication infrastructure fields. The company's consolidated net profit declined 21.1% to Rs 4.3 crore on a 5.6% slide in net sales to Rs 46.19 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

Advait Infratech has received an order for Supply and Installation of 24 F OPGW on Turkey Basis for 400 KV Line from NRSS XXXI (B) Transmission for 400 KV Transmission Line Kurukshetra- Malerkotla on 05 December 2024. Powered by Capital Market - Live

Advait Energy Transitions has been declared as a qualified bidder by the Gujarat Urja Vikas Nigam for 50 MW/500MW out of the project for setting up of 500 MW/1000 MWh Standalone Battery Energy Storage Systems in Gujarat under Tariff-Based Global Competitive Bidding (Phase-IV) with Viability Gap Funding Support. Powered by Capital Market - Live

Net profit of Advait Infratech declined 21.09% to Rs 4.34 crore in the quarter ended September 2024 as against Rs 5.50 crore during the previous quarter ended September 2023. Sales declined 5.64% to Rs 46.19 crore in the quarter ended September 2024 as against Rs 48.95 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales46.1948.95 -6 OPM %17.8818.02 - PBDT6.457.78 -17 PBT5.587.17 -22 NP4.345.50 -21 Powered by Capital Market - Live

Advait Infratech will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live

Advait Infratech has received approval from Registrar of Companies for Change of Name from Advait Infratech to 'Advait Energy Transitions' vide Certificate of change of name dated 21 October 2024. Powered by Capital Market - Live

Advait Infratech announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live