Did Adani Power Achieve a 27.1% Sequential Growth in Q1?
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Synopsis
Adani Power's recent report highlights a significant 27.1% sequential growth in Q1 FY26. Explore the factors behind this impressive performance, including rising power sales volume and strategic acquisitions, as the company gears up for future growth and sustainability.
Key Takeaways
- 27.1% growth in Q1 FY26 revenue
- Consolidated power sale volume increased by 1.6%
- Stable revenue despite lower volumes
- Strategic acquisitions boosting operational capacity
- Commitment to sustainability and affordable power
Ahmedabad, Aug 1 (NationPress) Adani Power reported a remarkable 27.1% sequential increase in the April-June quarter (Q1 FY26), reaching Rs 3,305 crore—up from Rs 2,599.23 crore reported in the previous quarter (Q4 FY25).
The company's consolidated power sales volume experienced a 1.6% growth, totaling 24.6 billion units (BU) in Q1 FY26, compared to 24.2 BU in Q1 FY25, despite challenges posed by an early monsoon and a high base effect.
For Q1, the consolidated continuing total revenue was Rs 14,167 crore, down from Rs 15,052 crore in Q1 FY25, primarily attributed to lower merchant tariff realizations and year-on-year import coal prices.
Despite reduced volumes, consolidated continuing total revenue for Q1 FY26 remained stable compared to Q4 FY25, due to enhanced merchant realizations.
“Adani Power's stable financial performance this quarter highlights its resilience and core strengths, even amidst fluctuations in power demand and unpredictable weather,” stated S.B. Khyalia, CEO of Adani Power Limited.
“We are committed to expanding our capacity through swift project execution and strategic acquisitions, aiming for 30 Giga Watts (GW) by 2030. By securing crucial equipment like Ultra-supercritical boilers, turbines, and generators ahead of schedule, we are reinforcing our competitive advantage and supporting India’s growing energy requirements,” he added.
The consolidated operating capacity increased from 15,250 MW in Q1 FY25 to 17,550 MW in Q1 FY26, driven by the acquisition of 1,200 MW Moxie Power Generation Ltd, 600 MW Korba Power Limited, and 500 MW Adani Dahanu Thermal Power Station. As of July 2025, it further rose to 18,150 MW following the completion of the 600 MW Vidarbha Industries Power Ltd acquisition.
Power demand was impacted by an early monsoon in Q1 FY26, contrasting with the demand surge experienced in Q1 FY25 due to a heat wave.
“Our dedication to sustainability and operational excellence remains steadfast, as we continue to deliver reliable and affordable power that contributes to the nation’s progress,” Khyalia emphasized.
Point of View
I recognize Adani Power's recent performance as a significant indicator of resilience in the energy sector. Their growth amidst challenges showcases their commitment to operational excellence and sustainability, aligning with national energy goals. Such advancements are crucial for India's energy landscape, and it's imperative to support companies that prioritize innovation and responsible growth.
NationPress
08/10/2025
Frequently Asked Questions
What is the sequential growth of Adani Power in Q1 FY26?
Adani Power reported a remarkable 27.1% sequential growth in Q1 FY26, reaching Rs 3,305 crore.
How much did the consolidated power sale volume grow in Q1 FY26?
The consolidated power sale volume grew by 1.6%, totaling 24.6 billion units (BU) in Q1 FY26.
What was the total revenue for Adani Power in Q1 FY26?
The consolidated continuing total revenue for Q1 FY26 was Rs 14,167 crore.
What are Adani Power's future growth plans?
Adani Power is aiming for a capacity of 30 Giga Watts (GW) by 2030 through strategic acquisitions and project execution.
How did the early monsoon affect power demand?
Power demand was negatively impacted by an early monsoon in Q1 FY26, in contrast to the demand surge seen in Q1 FY25 due to a heat wave.
