Ahmedabad:
Adani Power, the country’s largest private thermal power producing company, has recorded excellent financial results in the second quarter of the financial year 2026-27. The company’s consolidated net profit increased by 141.5 percent year-on-year to Rs 7,019.32 crore, compared to Rs 2,906.46 crore in the same quarter last year. Strong growth was also recorded in the company’s total income. Total revenue in the second quarter increased by 39.4 percent to Rs 19,950.60 crore, from Rs 14,307.79 crore a year ago. During the same period, EBITDA increased by 45.7 percent to Rs 8,743.22 crore.
Why was there so much profit?
Talking about operational performance, revenue from operations increased by 29.8 percent to Rs 17,014.06 crore, while EBITDA from continuing operations increased by 18.5 percent to Rs 6,320.97 crore. The company’s performance remained even stronger in the first half of the current financial year. Net profit almost doubled to Rs 11,885.92 crore in the April-September period, while total revenue increased by 36 percent to Rs 39,272.90 crore. Commenting on the results, the company’s Chief Executive Officer (CEO) Shersingh B. Khayaliya said that Adani Power is continuously achieving new milestones and is performing strongly in both the areas of profitability and project execution. He said that the role of domestic coal-based power is becoming more important than ever in meeting India’s long-term power needs.
Power Market Update
According to the company, electricity demand in India increased by 11.5 percent to 502 billion units during the second quarter. The share of coal and lignite based generation in the total electricity supply was 66 percent. During the same period, the country’s peak electricity demand increased by 18 percent to 270 GW. Adani Power also got the benefit of increasing demand. The company’s electricity sales increased to 26.4 billion units in the second quarter, compared to 23.7 billion units in the same period last year. The plant load factor (PLF) of the company also increased from 62.8 percent to 70.1 percent, while the total operating capacity stood at 18,150 MW.
During Q2FY27, the clearing price in the ‘day-ahead market’ on the Indian Energy Exchange rose 46% year-on-year to Rs 5.7 per unit. Similarly, the clearing price of ‘real-time market’ also increased by 49% year-on-year to Rs 5.2 per unit.
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(Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company.)
Source: ndtv.in
