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ADADANIPOWER

Adani Power Q1 FY26 results (Apr–Jun 2025) and concall

Power · Concall AI · Call held 1 Aug 2025

Adani Power delivered resilient Q1 FY26 results despite weather-induced demand softness from early monsoon. Revenue declined 5.9% YoY but was stable QoQ, with EBITDA up 12.7% sequentially. The key positive was Bangladesh receivables normalizing with USD 500M+ received, resolving a long-standing investor concern. Mahan Phase 2 expansion at 66% progress is on track for March-April 2027 commissioning. A new 1,600 MW PPA with UPPCL took total fresh capacity tie-ups to 4,520 MW. The company also fully retired perpetual securities, cleaning up the balance sheet.

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What they filed

₹ Cr · quarterly
Line itemQ3 FY25Q4 FY25Q1 FY26
Revenue12,042 12,201 12,462
EBITDA4,873 4,333 5,224
Net profit3,035 2,359 3,119
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.