
According to latest NSE filings, Adani Power delivered exceptional financial results for the fourth quarter of FY 2025-26, with consolidated net profit surging 64% year-on-year to ₹4,271 crore. This represents a significant improvement from the previous year's ₹2,599 crore, demonstrating the company's strong operational performance across its diversified business segments. The latest figures show an even more impressive performance than the earlier reported 52% profit increase, indicating robust growth momentum in the power generation sector.
The company's revenue from core operations remained relatively stable, declining marginally by 0.10% to ₹14,223 crore in the January-March quarter compared to ₹14,237 crore in the same period last year. However, the 64% profit increase was largely driven by income from non-core operations, highlighting the company's successful diversification strategy and effective cost management across its various business segments. This revenue stability despite strong profit growth suggests improved operational efficiency and strategic focus on higher-margin business activities.
Despite flat revenue growth, Adani Power demonstrated strong operational resilience with consolidated power sale volume rising 3.0% YoY to 27.2 billion units in Q4 FY26, compared to 26.4 billion units in Q4 FY25. For the full year, the company achieved annual power generation of 105 billion units and consolidated power sale volume of 99.15 billion units, up from 95.88 billion units in FY25, translating to 3.4% YoY growth. The company's installed capacity expanded to 18,150 MW compared to 17,550 MW last year, supporting its growth trajectory despite some efficiency variations in Plant Load Factor.
While profitability surged, Adani Power's EBITDA declined 1.6% YoY to ₹4,732 crore with margins contracting 50 basis points to 33.3% from 33.8% in the previous year. This suggests mild pressure on operating performance during the quarter. The strong quarterly results come at a time when the power sector is experiencing significant market interest, with Adani Power's performance reflecting broader positive trends in the industry. The 64% profit surge indicates sustained business momentum and improved operational efficiency, while the company's diversified revenue streams across power generation and distribution activities continue to support its growth trajectory.