Adani Power Ltd. reported a consolidated net profit of ₹3,305 crore for the quarter ended June 30, 2025 (Q1 FY26), down 16% from ₹3,912 crore in the same quarter last year. The decline came despite relatively stable revenues and a drop in total expenses on a sequential basis.

Key Highlights – Q1 FY26 vs Q1 FY25:

  • Revenue from Operations stood at ₹14,109 crore, slightly lower than ₹14,956 crore in Q1 FY25.

  • Other Income declined to ₹464 crore from ₹518 crore YoY.

  • Total Income for the quarter was ₹14,574 crore, compared to ₹15,474 crore in the year-ago period.

  • Total Expenses fell marginally to ₹10,369 crore from ₹10,568 crore a year ago.

  • Fuel Cost, the largest component of expenses, stood at ₹7,309 crore, slightly lower than ₹7,898 crore in Q1 FY25.

  • Depreciation & Amortization Expenses rose marginally to ₹1,089 crore.

  • Net Profit for the quarter came in at ₹3,305 crore, compared to ₹3,912 crore in Q1 FY25, and ₹2,599 crore in the previous quarter (Q4 FY25), indicating a sequential growth.

Despite the YoY decline in profit, Adani Power continues to maintain healthy profitability and operational strength, supported by strong execution and stable power demand across regions.