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Adani Power's Profit Surges 64% Amidst Energy Security Focus
29 Apr
Summary
- Adani Power net profit increased by 64.33% to Rs 4,271.40 crore in Q4 FY26.
- Company secured new long-term PPAs totaling 2,158 MW from Maharashtra and Tamil Nadu.
- Installed capacity reached 18,150 MW, with 95% now under long-term agreements.
Adani Power (APL) announced a substantial 64.33% increase in its consolidated net profit for the fourth quarter of fiscal year 2026, with earnings reaching Rs 4,271.40 crore. This marks a significant financial achievement for the company.
Revenue from operations saw minimal change, standing at Rs 14,223.09 crore in the quarter ending March 31, 2026. Despite slight fluctuations in plant load factor and merchant realization, the company's EBITDA saw a healthy year-on-year increase. This performance was underpinned by improved operating efficiency and higher PPA tariff contributions.
The company bolstered its future earnings visibility by securing a 1,600 MW PPA from Maharashtra and an additional 558 MW PPA with a Tamil Nadu discom. These new agreements bring Adani Power's total capacity under long- and medium-term PPAs to approximately 95% of its 18,150 MW installed capacity.
Adani Power's CEO highlighted the critical role of thermal power in ensuring India's energy security and grid stability, even as the nation advances its renewable energy goals. The company is actively pursuing its 23.7 GW capacity expansion, aiming for substantial earnings growth while adhering to a prudent capital allocation strategy.
