Adani Power posts 64% rise in net profit in Q4 FY26

Adani Power Ltd on Wednesday, reported a strong consolidated profit after tax (PAT) for Q4 FY26, growing by 64 per cent to Rs 4,271 crore, compared to Rs 2,599 crore for Q4 FY25.

According to the company's press release, the operating revenues for Q4 FY26 up by 2.93 per cent at Rs 14,559.97 crore as compared to Rs 14,145.31 crore for Q4 FY25 due to high plant uptime being maintained, favourable foreign exchange movement and greater operating capacity, despite lower merchant prices and lower prices of imported coal.

The earnings before interest, taxes, depreciation and amortization (EBITDA) for Q4 FY26 at Rs 5,573 crore, higher by 9 per cent, compared to Rs 5,098 crore for Q4 FY25, reflecting core earnings resilience in a dynamic demand growth environment.

The total revenue for Q4 FY26 stood at Rs 15,059 crore, as compared to Rs 14,522 crore in Q4 FY25. This is in line with volume growth and average power selling rates.

The consolidated power sale volume of 27.2 billion units (BU) in Q4 FY26, as compared to 26.4 billion units (BU) in Q4 FY25 despite weaker merchant demand.

Other income for Q4 FY26 was higher by 32.33 per cent at Rs 498.99 crores as compared to Rs 377.08 crore in Q4 FY25, primarily due to gain on favourable forex movement.

One-time revenue recognition of prior period items of Rs 930.13 crore in Q4 FY26 as compared to Rs 13.21 crore in Q4 FY25.

S B Khyalia, CEO, Adani Power Limited, said the company is consistently crossing significant milestones in its ongoing 23.7 GW capacity expansion and tying up long-term PPAs while generating strong profitability and healthy cash flows in a dynamic demand environment.

"Our abundant natural resources, including coal, will power our growth and development for a long time. As India progresses quickly to achieve its renewable energy targets, thermal power is rising to the challenge of stabilising the grid and meeting peak demand," he said.