Adani Power Q1 Results: Net Profit Drops By 55% To Rs 3,913 Cr

Adani Power (APL), a part of the diversified Adani Group, a private thermal power producer in India on Wednesday reported a Net Profit of Rs 3,913 crore in Q1 FY25 , which dropped by 55 per cent as compared to Rs 8,759 crore in Q1 FY24.

The consolidated continuing total revenue for Q1 FY25 was higher by 30 per cent at   Rs 15,052 crore vs Rs 11,612 crore in Q1 FY24; mainly due to higher sales volumes. The company’s consolidated continuing EBITDA for Q1 FY25 grows by 53 per cent to Rs 6,290 crore vs Rs 4,121 crore for Q1 FY24; due to higher revenues and lower import fuel prices.

The consolidated power sale volume at 24.1 Billion Units (BU) in Q1 FY25, up by 38 per cent from 17.5 BU in Q1 FY24 due to improved power demand and larger effective operating capacity.

S B Khyalia, CEO, Adani Power Limited, said, "As Adani Power grows from strength to strength, we have undertaken advance development activities to secure execution pipelines for three Ultra-supercritical projects of 1,600 MW each to prepare ourselves for the anticipated resurgence in the thermal power sector.

He added, the company’s strategic focus is to derisk our growth plans by utilizing high efficiency, low emission technologies, pooling our deep experience and multi-domain expertise for project development, securing access to fuel resources, and revitalizing the organisation to become more agile and competitive in the digitalised world.

Adani Power has an installed thermal power capacity of 15,210 MW spread across eight power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, and Jharkhand, apart from a 40 MW solar power plant in Gujarat.