Adani Power posted a net profit of Rs 2,649 crore in the fourth quarter of FY25, down 3% year-on-year, missing consensus estimates of analysts who had pegged the figure at Rs 2,355 crore.
However, the company beat analysts’ estimates in revenues which rose 6.5% year-on-year to Rs 14,237 crore from Rs 13,364 crore. Analysts had estimated revenues of Rs 13,839 crore.
The company’s finance costs came down 7% to Rs 765 crore, while depreciation went up 10% to Rs 1,085 crore in the fourth quarter of FY25.
The company’s consolidated power sale volume was at 26.4 billion units (BU), up 18.9% from 22.2 BU in the fourth quarter of FY24 due to growing power demand and higher operating capacity.
For the entire FY25, its profit went down 38% to Rs 12,936 crore compared to Rs 20,801 crore in the previous financial year. Its revenues went up 12% to Rs 56,203 crore in FY25 from Rs 50, 351 core in FY24.
Adani Power CEO S B Khyalia said, “Adani Power has posted ever higher operating and financial performance for FY25, aptly demonstrating the strength and resilience of the Adani portfolio companies. As we progress quickly in the next phase of capacity expansion, we are prioritising capital and cost efficiencies to sharpen our competitive edge and extend our sectoral leadership across key parameters.”
The company’s stock ended at Rs 529.50, nearly 3.5% down from Tuesday’s close.