Adani Power’s profit rise amid high power demand, tariffs, beats street estimates | Today’s news
Mumbai: India’s power demand surges and spot electricity prices high in July-September The power of Adani Profits Ltd more than doubled in the same period last year, helping it beat street estimates.
The Ahmedabad-based leading thermal power producer reported a consolidated profit of Rs ₹6,919 million attributable to shareholders, up 134% YoY (YoY) and up 44% YoY. Six analysts were polled Bloomberg estimated profit ₹3,112 million.
This comes after the company sold 26.4 billion units of energy during the quarter, more than a tenth more than a year earlier. India’s peak power consumption during the period was nearly a fifth higher than the previous year at 270 gigawatts.
The company not only sold more performance, but also more per unit. Its execution under long-term power purchase agreements (PPAs), which represented 23.4 billion units, improved by almost 13% year-on-year to ₹6.40 per unit. At the same time, prices on the trade market rose by a third year-on-year ₹7.20 per unit.
The Adani Group’s top line subsequently expanded by more than two-fifths year-on-year to ₹19,439 million crowns. This is comparable to ₹The consensus estimate of three analysts contacted by the Bloomberg agency is 15,800 million crowns.
Earnings before interest, taxes, depreciation and amortization were 75% higher ₹8,743 crore, while the Ebitda margin increased by almost 9 percentage points to 43.82%.
The company’s power generation capacity was at the same level as last year at 18.2 GW, but the higher power generation meant the plant’s load capacity improved by 7.3 percentage points to 70.1%.
“Adani Power continues to grow from strength to strength, achieving new milestones in profitability and project execution,” SB Khyalia, CEO, Adani Power Ltd. said in a press release.
“The primacy of domestic coal power in meeting India’s long-term energy needs is becoming clearer every day in light of geopolitical events and climate vagaries,” he said. “We are proud to be a leader in additional capacity to meet the need for 100 GW of new thermal capacity by 2032.”
During the quarter, the company received a letter of approval from Uttarakhand to supply power from a 1.3 GW supercritical thermal power plant for 25 years. The company also entered into an agreement with Bhutan’s state-owned Druk Green Power Corp. for a 770 MW jointly owned hydroelectric project in Thimphu.
Adani Power Ltd shares closed 1.6% lower ₹182 on the BSE on Monday, while the benchmark Sensex fell 0.17%. It has risen by more than 22% since the beginning of 2026.
