Adani Power (APL) on Friday posted a 13.5% fall in its net profit in Q1FY26 at Rs 3385 crore as compared to Rs 3913 crore in Q1FY25. The company’s revenues also fell 6% in Q1FY,26 to Rs 14109 crore as compared to Rs 14956 crore in Q1FY25. Its EBITDA went down 8% to Rs 5685 crore in Q1Fy26 from Rs 6194 crore in Q1FY25.
Adani Power’s finance costs went up 6% to Rs 857 crore in Q1Fy26.
Operating capacity expands
The company said its operating capacity grew from 15,250 MW in Q1 FY25 to 17,550 MW in Q1 FY26 on account of the acquisition of the 1,200 MW Moxie Power Generation (MPGL), 600 MW Korba Power Limited [KPL], and 500 MW Adani Dahanu Thermal Power Station (ADTPS). It has further grown to 18,150 MW in July 2025 upon completion of the acquisition of the 600 MW Vidarbha Industries Power.
APL is receiving regular payments from Bangladesh, with over $500 million received over the last two months, the company said.
Power demand was affected by an early monsoon in Q1 FY26, in comparison to the demand surge witnessed in Q1 FY25 due to a heat wave phenomenon. As a result, all-India energy demand came down by 1.6% to 445.2 BU in Q1 FY26 as compared to 452.4 BU in Q1 FY25, the company said.
Targeting 30 GW by 2030
“ We continue to bolster our capacity through swift project execution and strategic acquisitions, ensuring we are well-prepared for future growth on our path to 30 Giga Watts (GW) by 2030. By securing critical equipment like Ultra-supercritical boileRs , turbines, and generatoRs ahead of schedule, we’re reinforcing our competitive edge and supporting India’s growing energy needs. Our commitment to sustainability and operational excellence remains unwavering, as we strive to deliver reliable, affordable power that drives the nation’s progress,” S B Khyalia, CEO, Adani Power, said.
