Adani Power's Q2 FY 2025-26 Quarterly Results

Result Summary

• Adani Power Ltd reported a 1.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 1.7%.
• Its expenses for the quarter were down by 0.3% QoQ and up 4.2% YoY.
• The net profit decreased 12.1% QoQ and decreased 11.9% YoY.
• The earnings per share (EPS) of Adani Power Ltd stood at 1.53 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Adani Power Ltd is a prominent player in the energy sector, primarily engaged in the production and distribution of electricity. The company operates thermal power plants across India, contributing significantly to the country's energy needs. Adani Power is part of the larger Adani Group, which is involved in numerous sectors including resources, logistics, agribusiness, and more. As of the latest data, the company continues to focus on expanding its power generation capacity, with strategic investments in both existing and new power projects. No recent major developments or public announcements related to the company are available at this time.

Revenue

In the second quarter of the fiscal year 2026, Adani Power Ltd reported a total income of ₹14,307.79 crores. This represents a slight decrease of 1.8% from the previous quarter, Q1FY26, where the total income was ₹14,573.70 crores. Compared to the same quarter in the previous fiscal year, Q2FY25, there is a 1.7% increase from ₹14,062.84 crores. This indicates stable revenue generation over the year, with a slight decline in the quarter-over-quarter comparison. The revenue figures reflect the company's ability to maintain its market position, although there was a slight dip in the immediate past quarter.

Profitability

Adani Power Ltd's profitability metrics for Q2FY26 show a Profit Before Tax (PBT) of ₹3,966.20 crores, which is a decrease of 5.7% from ₹4,204.31 crores in Q1FY26. Year-over-year, the PBT decreased by 4.1% from ₹4,134.08 crores in Q2FY25. The Profit After Tax (PAT) for Q2FY26 stands at ₹2,906.46 crores, down by 12.1% from the previous quarter's ₹3,305.13 crores and a decrease of 11.9% from ₹3,297.52 crores in the same quarter last year. The tax expenses for Q2FY26 were ₹1,059.74 crores, a significant increase of 17.9% from Q1FY26 and 26.7% from Q2FY25. The Earnings Per Share (EPS) for Q2FY26 is reported at ₹1.53, reflecting a drastic decline of 82.3% from the previous quarter's EPS of ₹8.62 and 81.4% from the EPS of ₹8.21 in Q2FY25.

Operating Metrics

The total expenses for Adani Power Ltd in Q2FY26 were ₹10,341.59 crores, showing a marginal decrease of 0.3% from ₹10,369.39 crores in Q1FY26 and a 4.2% increase from ₹9,928.76 crores in Q2FY25. Despite the decrease in total income, the company managed to slightly reduce its operating expenses quarter-over-quarter. However, the year-over-year increase in expenses suggests a rising cost environment, which could be attributed to various operational factors. The notable increase in tax expenses impacted the net profitability significantly, as seen in the reduced PAT and EPS figures for the quarter.