Adani Power reported its Q1 results, and the company reported 16% less profit compared to last year.
Adani Power Q1 Results
For the June quarter of FY26, Adani Power reported a 15.5% year-on-year drop in net profit, coming in at ₹3,305 crore compared to ₹3,913 crore in the same period last year. Revenue from operations also took a hit, falling 5.9% YoY to ₹14,167 crore, down from ₹15,052 crore.
Earnings before interest, tax, depreciation, and amortization (EBITDA) stood at ₹5,744 crore — lower than last year’s ₹6,290 crore. The dip was largely due to reduced revenue and higher costs from recent acquisitions. However, on a quarter-on-quarter basis, EBITDA rose 12.7%, showing some momentum building up.
Adani Power Stock Splits
In a move to make the stock more affordable and increase retail participation, Adani Power’s board has approved a stock split. Each existing share with a face value of ₹10 will now be split into five shares of ₹2 each.
This change is aimed at improving stock liquidity and bringing in more retail investors by lowering the entry cost per share.
S. B. Khyalia, CEO of Adani Power, remains optimistic. He said the company is focusing on fast-tracking projects and strategic acquisitions to reach its ambitious 30 gigawatt (GW) capacity target by 2030.
“We’re securing key equipment like ultra-supercritical boilers and turbines ahead of schedule, which gives us a competitive edge while supporting India’s rising energy demand,” Khyalia added.
Bangladesh Payments Offer Financial Boost
Adani Power also highlighted a positive development on the payments front. It’s Godda power plant in Jharkhand has started receiving regular payments from the Bangladesh Power Development Board. Over the last two months alone, the company received more than $500 million, with $437 million coming in June 2025 and $75 million in July 2025.
Operating Capacity Gets a Major Push
The company’s total consolidated operating capacity jumped to 17,550 MW in Q1 FY26, up from 15,250 MW a year ago. This boost comes from the acquisition of three major assets:
- 1,200 MW Moxie Power Generation
- 600 MW Korba Power Limited
- 500 MW Adani Dahanu Thermal Power Station