Ahmedabad: Adani Power reported on Wednesday that its consolidated profit after tax (PAT) rose by 47.2% to ₹4,867 crore in the first quarter of the financial year 2027 (Q1 FY27), up from ₹3,305 crore in the first quarter of the financial year 2026 (Q1 FY26). This growth was achieved due to increased operations and strict control over finance costs, despite an ongoing capital expenditure program.
The Adani Group company recorded a robust 26.6% increase in consolidated continuing total revenue to ₹17,936 crore in Q1 FY27, compared to ₹17,936 crore in Q1 FY26. This aligns with volume growth and power sales rates.
Meanwhile, the company posted a sharp 21.6% rise in consolidated continuing EBITDA to ₹6,983 crore in Q1 FY27, up from ₹5,744 crore in Q1 FY26. This marks its best-ever quarterly performance, demonstrating strong core profitability despite higher fuel costs.
Adani Power stated that consolidated power sales volume increased by 16.9% to 28.8 billion units (BU) in Q1 FY27, compared to 24.6 BU in Q1 FY26. This growth was driven by higher operating capacity and robust demand for electricity. Adani Power CEO SB Khyalia said, “Adani Power has once again demonstrated the strength of its efficient and cost-competitive portfolio and operational excellence across various regions by recording its highest-ever quarterly EBITDA on a continuing basis. APL is firmly on track to expand its portfolio to 45 GW, driven by rapid progress on ongoing projects and strong liquidity from existing operations.”
He added, “As we expand our footprint through the acquisition of Jaiprakash Associates’ stake in power assets, we are also diversifying into domestic and international hydropower projects and positioning ourselves to tap into new opportunities in the nuclear power sector. We remain fully committed to supporting India’s long-term growth goals by supplying reliable and competitively priced power.”
According to the company, power sales under Power Purchase Agreements (PPAs) rose by 30.3% to 24.5 BU, while tariff realization increased by 8.5% to ₹5.95/kWh in the first quarter of FY27 compared to the first quarter of FY26. Driven by higher demand, merchant and short-term realization rose by 13.1% to ₹7.04/kWh in the first quarter of FY27 compared to the first quarter of FY26.
Adani Power also acquired the 180 MW Churk Thermal Power Plant, a 24% equity stake in Jaiprakash Power Ventures Limited (2,220 MW), and an 11.49% equity stake in Prayagraj Power Generation Company Limited (1,980 MW), in accordance with the terms of the approved resolution plan for Jaiprakash Associates Limited under the Corporate Insolvency Resolution Process.
Adani Power’s Stellar Performance: Net Profit Up 47.2% in Q1
