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Adani Power posted a consolidated net profit of INR 2,488 crore for the December quarter of FY26, marking a year-on-year decline of over 15 per cent due to lower one-time income. Revenue fell to INR 12,717 crore amid lower tariffs and other income. Power sale volumes rose marginally despite monsoon-related demand disruptions. The company secured a 3,200 MW long-term power purchase agreement from Assam's discom and said nearly half of its 23.7 GW expansion pipeline is now tied up under long-term contracts.
Adani Power reported a year-on-year decline of over 15 per cent in its consolidated net profit for the December quarter of FY26, largely due to the absence of higher one-time income recorded in the previous year. The company said its consolidated profit after tax stood at INR 2,488 crore in Q3 FY26, compared to INR 2,940 crore in the same quarter of FY25. Advertisement
The company's total consolidated revenue during the quarter came in at INR 12,717 crore, lower than INR 13,434 crore reported a year earlier. Adani Power stated that revenue was impacted by lower tariffs and a decline in other income, even as operational performance remained stable.
Power sale volumes showed a marginal improvement despite weather-related disruptions. Consolidated power sales during the quarter rose to 23.6 billion units, compared to 23.3 billion units in the corresponding period last year. The company noted that demand was affected by an early and extended monsoon, which disrupted consumption patterns in several regions.
During the quarter under review, Adani Power secured a long-term power purchase agreement for 3,200 MW from the Assam power distribution company. The company highlighted that it continues to focus on tying up long-term contracts for its upcoming capacity additions.
Adani Power's management indicated that nearly half of its planned 23.7 GW expansion capacity has already been secured through long-term PPAs with state-owned distribution companies. The company also pointed out that execution of its ongoing projects is progressing in line with internal timelines. In recent years, Adani Power has been expanding its generation portfolio to meet rising electricity demand, particularly from industrial and infrastructure-led growth across states.
Source PTI
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