Adani Power Q2 Results: Adani Power Ltd reported a 2.7% increase in revenue for the second quarter of fiscal 2025, reaching Rs 13,339 crore compared to Rs 12,991 crore in the same quarter last year. The company released these figures in an exchange filing on Monday, reflecting steady growth in its financial performance.
The consolidated earnings before interest, taxes, depreciation, and amortization (EBITDA) also rose by 2%, amounting to Rs 5,276 crore, with an EBITDA margin of 39.6%. Net profit for the quarter was recorded at Rs 3,298 crore, although this figure was impacted by a deferred tax charge of Rs 706.30 crore. Last year, the company benefited from a tax credit of Rs 1,370.6 crore, contributing to the difference in net profit.
Operationally, Adani Power’s effective installed capacity increased by 3.8% year-on-year, reaching 15,837 MW as of September 30, 2024. The plant load factor also improved, standing at 66.9%, up from 58.3% a year earlier. However, the company noted that overall power demand was flat due to climatic factors, including a delayed rainy season.
Despite the subdued demand in the second quarter, Adani Power’s consolidated power sale volumes surged 29%, totaling 46 billion units in the first half of fiscal 2025, compared to 35.6 billion units during the same period last year. This growth was driven by higher operating capacity and improved demand.
In terms of generation capacity, the company achieved an operating capacity of 17,550 MW, with an additional 2,300 MW added during the quarter. Notably, Adani Power secured a Letter of Award from the Maharashtra State Electricity Distribution Company Ltd for a 25-year power supply agreement of 1,496 MW, which will be sourced from a new 2×800 MW ultra-supercritical thermal power project.
