Adani Power Ltd, a flagship company of the Adani Group, announced its financial results for the second quarter (Q2) of FY2025-26 on Thursday, October 30. The power major reported a 11% year-on-year (YoY) decline in consolidated net profit to ₹2,953 crore, compared to ₹3,332 crore in the same period last year.
Despite the dip in profit, the company’s revenue from operations edged up by 0.9% to ₹13,457 crore, as against ₹13,339 crore in the year-ago quarter, reflecting steady performance amid challenging market dynamics.
🔹 Operational Performance and EBITDA
Adani Power posted a consolidated EBITDA of ₹6,001 crore, nearly unchanged from ₹6,000 crore in the corresponding quarter of FY25. The company attributed this stability to strong operational execution and effective cost management, even as it absorbed higher operating expenses from recent acquisitions.
🗣️ Management Commentary
“Adani Power has once again demonstrated robust and stable financial performance this quarter, in the face of weather-driven fluctuations in demand, highlighting our operational efficiency and competitive advantages. We are steadily expanding our presence in the market by securing another 4.5 GW of new long-term PPAs under the SHAKTI scheme,” said S. B. Khyalia, CEO of Adani Power Limited.
He added that the company’s profitability and liquidity support its goal to expand total power generation capacity to 42 GW by FY2031-32. Adani Power has already secured orders for equipment and land covering the planned 23.7 GW expansion, with project implementation progressing rapidly.
⚡ New Projects and Agreements
During the quarter, the company signed a 25-year Power Supply Agreement (PSA) for 2,400 MW (gross) with the Bihar State Power Generation Company Limited (BSPGCL). The power will be supplied from a new 2,400 MW greenfield Ultra-Supercritical Thermal Power Project (USCTPP) located at Pirpainti in Bhagalpur district, Bihar.
💹 Corporate Action: Share Split
Adani Power also completed a 1:5 stock split on September 22, 2025, converting each equity share of ₹10 face value into five equity shares of ₹2 each. Following the split, the company’s total number of equity shares increased from 3,85,69,38,941 (₹10 face value) to 19,28,46,94,705 (₹2 face value) shares.
⚠️ Disclaimer:
This article is intended solely for informational purposes and should not be considered investment advice. Readers are encouraged to conduct their own research or consult a qualified financial advisor before making any investment decisions. The publisher assumes no responsibility for financial losses arising from actions based on this report.
