Adani Power Q2 FY26 Net Profit Falls 11.9% YoY to ₹2,906 Crore But Capacity Expands to 18,150 MW

Ahmedabad, October 30: Adani Power Limited announced its financial results for the quarter ending September 30. It reported an 11.9% year-on-year decline in its consolidated net profit to ₹2,906 crore. However, overall, it reported a strong financial and operational health.

Adani Power Limited is an Indian company that produces thermal power through electricity and coal. The company was established in 1996 and is headquartered in Ahmedabad, Gujarat. The shares of the company are listed on NSE with the ticker symbol ADANIPOWER and on BSE with the code 533096.

Adani Power Q2 FY26 and Half-yearly Financial Highlights

For Q2 FY26, the company’s total income rose by 1.7% year-on-year to ₹14,308 crore from ₹14,063 crore in Q2 FY25. EBITDA was at ₹6,001 crore. However, profit before tax fell 4.1% to ₹3,966 crore. Net profit decreased 11.9% to ₹2,906 crore compared to ₹3,298 crore last year. Earnings per share (EPS) stood at ₹1.53, down from ₹1.66 in Q2 FY25.

For the first half of FY26 (H1 FY26), total income was ₹28,881 crore, down 2.2% year-on-year. EBITDA stood at ₹12,151 crore, a 4.4% fall. Profit before tax declined 9.6% to ₹8,171 crore, and net profit dropped 13.9% to ₹6,212 crore. EPS for H1 FY26 was ₹3.26 compared to ₹3.61 in H1 FY25.

On the operational side, Adani Power’s installed capacity increased to 18,150 MW after acquiring the 600 MW Vidarbha Industries Power Ltd unit. The plant load factor (PLF) was 62.8% in Q2 FY26, compared to 66.9% last year. Units sold rose 7.4% year-on-year to 23.7 billion units.

Shares Rise 0.20% at ₹162.42 After the Announcement

As of 3:20 PM, Adani Power’s share price was up by 0.20% or 0.32 points and was trading at ₹162.42. Until now, the shares have traded within a range of ₹164.70 and ₹160.20. The traded volume stood at 5.81 crore shares, with the company’s market cap at ₹3,12,605 crore.

Although the company’s profit has fallen, the total income has increased. The mixed financial performance has not yet resulted in negative demand for the stock. It remains to be seen how the stock performs in the coming days.

REF: https://nsearchives.nseindia.com/corporate/ADANIPOWER_30102025133952_APLoutcome30102025.pdf

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations