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Adani Power Limited (APL), part of the Adani Group, reported a sharp increase in profitability for the second quarter of financial year 2026–27, supported by higher electricity demand, improved realisations and one-time prior-period revenue recognition.
The company’s profit after tax rose 141.5% year-on-year to ₹7,019.32 crore, compared with ₹2,906.46 crore in the corresponding quarter last year.
Reported revenue increased 39.4% to ₹19,950.60 crore, while reported EBITDA climbed 45.7% to ₹8,743.22 crore.
Continuing revenue grew 28.5% to ₹17,528.35 crore, and continuing EBITDA rose 18.5% to ₹6,320.97 crore.
Adani Power’s consolidated electricity sales increased 11.5% to 26.4 billion units during the quarter, against 23.7 billion units a year earlier.
India’s electricity demand increased 11.5% year-on-year to 502 billion units in Q2 FY27, according to the company’s update.
Peak power demand reached 270 GW, marking an 18% increase from 230 GW in the corresponding period last year.
Commenting on the results, CEO S B Khyalia said the company remained focused on delivering reliable electricity to meet India’s growing power requirements.
Adani Power received a Letter of Award from Uttarakhand Power Corporation Limited for a 25-year power supply agreement covering 1,320 MW of thermal capacity, equivalent to 1,234 MW net.
The company was also selected as the successful resolution applicant for GVK Energy Limited, which operates the 330 MW Alaknanda hydropower plant in Uttarakhand.
Additionally, Adani Power and Bhutan’s Druk Green Power Corporation signed an agreement to develop the 770 MW Chamkarchhu hydropower project.
The company also achieved grid synchronisation of the first 660 MW unit of its Korba Phase-II project, with commissioning expected shortly.
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