How Did Adani Power Achieve Impressive Financial Results in Q2?
Click to start listening
Synopsis
Adani Power Ltd has reported impressive financial results for Q2 FY26, with revenues reaching Rs 13,106.34 crore, a rise from the previous year. The increase in power sale volume by 7.4% showcases the company’s resilience amidst challenges, including disruptions caused by weather. Discover how Adani Power aims to expand its capacity to 42 GW by 2031-32.
Key Takeaways
- Operating revenue for Q2 FY26 reached Rs 13,106.34 crore.
- Power sale volume increased by 7.4% to 23.7 billion units.
- Consolidated EBITDA for Q2 is Rs 6,001 crore.
- New PPAs awarded total 4,570 MW.
- Total capacity after acquisition is 18,150 MW.
Ahmedabad, Oct 30 (NationPress) Adani Power Ltd (APL) announced a remarkable operating revenue for Q2 FY26, reaching Rs 13,106.34 crore, a rise from Rs 12,949.12 crore in Q2 FY25. This growth was driven by a 7.4 percent increase in consolidated power sale volume, totaling 23.7 billion units, despite challenges like a high base effect and demand interruptions caused by the early and extended monsoon season.
The company also maintained a stable consolidated EBITDA for Q2 at Rs 6,001 crore, slightly above the Rs 6,000 crore reported in Q2 FY25, even with additional operating costs from recent acquisitions.
During the July-September timeframe, Adani Power secured new long-term power purchase agreements (PPAs) totaling 2,400 MW from Bihar Discom, 1,600 MW from Madhya Pradesh Discom, and 570 MW from Karnataka Discom (as of October '25).
Additionally, the company acquired 600 MW from Vidarbha Industries Power Limited through the Corporate Insolvency Resolution Process, bringing its total capacity to 18,150 MW.
SB Khyalia, CEO of Adani Power Limited, stated, "This quarter, Adani Power has once again showcased a strong and consistent financial performance despite demand fluctuations due to weather, underlining our operational efficiency and competitive edge. We are continuously expanding our market presence by securing another 4.5 GW of new long-term PPAs under the SHAKTI scheme."
"Our robust profitability and liquidity position us favorably to attain our enhanced capacity expansion target of 42 GW by 2031-32. We have already procured equipment and land for the complete 23.7 GW expansion, with project implementation advancing swiftly," he added.
Merchant and short-term sale volume for Q2 FY26 saw a rise of 12.9 percent, reaching 5.7 BU, compared to 5.0 BU in Q2 FY25. Additionally, merchant volume grew by 10.5 percent to 11.4 BU for H1 FY26, up from 10.3 BU in H1 FY25.
“We are honored to play a crucial role in the growth of India’s power sector and remain deeply committed to fulfilling the nation's demand for reliable, scalable, and sustainable electricity,” Khyalia emphasized.
Point of View
Adani Power's latest financial disclosure demonstrates resilience and strategic growth in a challenging environment. As the nation strives for sustainable energy solutions, the company's commitment to expanding its capacity aligns with India’s energy goals. This ongoing development positions Adani Power as a key player in ensuring a reliable electricity supply for the future.
NationPress
31/10/2025
Frequently Asked Questions
What was Adani Power's revenue for Q2 FY26?
Adani Power reported an operating revenue of Rs 13,106.34 crore for Q2 FY26.
How much did the power sale volume increase?
The consolidated power sale volume increased by 7.4 percent, totaling 23.7 billion units.
What are the future expansion plans for Adani Power?
Adani Power aims to expand its capacity to 42 GW by the year 2031-32.
How did the weather impact Adani Power's operations?
Adani Power faced demand disruptions due to early and prolonged monsoons.
What is the significance of the new PPAs secured by Adani Power?
The new long-term power purchase agreements help strengthen Adani Power's market position and facilitate future growth.
