Adani Power Posts Rs 2,488 Crore Net Profit in Q3
Strong liquidity and new PPAs support robust earnings amid capacity expansion.
Adani Power Limited delivered a solid performance in the December quarter of FY26, reporting a consolidated net profit of Rs 2,488 crore. This compares with Rs 2,940 crore in the year-ago period, with the moderation largely due to the absence of one-time prior period income recorded last year. The company maintained healthy profitability despite softer market conditions, underscoring operational resilience.
Revenue from operations stood at Rs 12,717 crore, nearly stable against Rs 13,434 crore in Q3 FY25. The slight dip reflected lower tariffs and reduced other income. Consolidated continuing EBITDA came in at Rs 4,636 crore compared to Rs 4,786 crore a year earlier, demonstrating consistent earnings strength even as all-India power demand remained flat at 392.2 billion units. Factors such as an early and prolonged monsoon, cooler weather, and a high base effect contributed to subdued demand growth across the country.
Power sales volume edged up marginally to 23.6 billion units from 23.3 billion units in the corresponding quarter last year, reflecting steady operational execution. A key highlight was the securing of a new long-term power purchase agreement (PPA) with Assam DISCOM for 3,200 MW capacity during the quarter. CEO S B Khyalia noted that nearly half of the company’s 23.7 GW ongoing expansion has already been tied up through PPAs with various state distribution companies, with project execution progressing ahead of or on schedule.
Also Read: Ajay Banga: India Surpasses US & China in Growth Race
The company continues to benefit from strong liquidity positions and healthy profitability margins, enabling it to maintain low leverage levels even as it aggressively pursues capacity additions. This financial discipline positions Adani Power favourably for sustained growth in India’s expanding power sector.
Overall, the Q3 results highlight Adani Power’s ability to navigate challenging demand environments while locking in future revenue visibility through strategic PPAs and efficient project delivery.
Also Read: #BreakingNews: 15-Day-Old Infant Rescued From Child Trafficking Racket in Gujarat
