Adani Power (APL), a key player in India's power sector, has announced its financial results for the fourth quarter and fiscal year 2025, showcasing significant growth and operational achievements.

Record Power Generation and Sales

In FY25, Adani Power achieved a milestone of 102.2 Billion Units (BU) of power generation, marking a 19.5% increase from 85.5 BU in FY24. The company's consolidated power sale volume rose by 20.7% to 95.9 BU in FY25, up from 79.4 BU in FY24, driven by robust power demand and higher operating capacity.

Financial Highlights

Full Year Performance (FY25)

Q4 FY25 Performance

Operational Expansion and Acquisitions

Adani Power's consolidated operating capacity increased from 15,250 MW in FY24 to 17,550 MW in FY25, attributed to the acquisition of:

• 1,200 MW Moxie Power Generation Ltd. (MPGL)
• 600 MW Korba Power Limited (KPL)
• 500 MW Adani Dahanu Thermal Power Station (ADTPS)

Financial Position

As of March 31, 2025, Adani Power reported:

Future Expansion Plans

Adani Power has outlined ambitious expansion plans to increase its capacity from 17,550 MW to 30,670 MW by 2030. The company is currently constructing three brownfield projects of 1,600 MW each at Singrauli (Mahan), Raipur, and Raigarh, along with reviving a 1,320 MW expansion project at Korba.

ESG Performance

Adani Power demonstrated strong commitment to environmental sustainability:

• Water intensity improved to 2.21 m3/MWh in FY25 from 2.35 m3/MWh in FY24
• Achieved a 102% fly ash utilization rate in FY25
• Scored 67/100 in S&P Global's Corporate Sustainability Assessment, placing it in the 86th percentile

Mr. S B Khyalia, CEO of Adani Power Limited, commented on the results: "Adani Power has posted ever higher operating and financial performance for FY 2024-25, 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."

With its strong financial performance, ongoing expansion plans, and focus on sustainability, Adani Power continues to solidify its position as a leading player in India's power sector .

Adani Power , one of India's leading private power producers, has announced its financial results for the fourth quarter of fiscal year 2025. The company's performance shows a mixed picture, with revenue growth accompanied by a slight decrease in EBITDA.

Revenue Growth and Power Sale Volume

Adani Power reported a significant increase in its revenue for Q4 FY2025. The company's top line rose by 6.5% to ₹14,237.40 crore, up from ₹13,367.60 crore in the same quarter of the previous year. This growth was primarily driven by a substantial increase in power sale volume, which surged by 18.9% to 26.40 billion units.

EBITDA and Profit Performance

Despite the robust revenue growth, Adani Power experienced a slight dip in its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization). The company reported an EBITDA of ₹5,098.00 crore for the quarter, showing a marginal decrease. This decline was attributed to expenses related to new acquisitions and various market factors.

The company's profit before tax (PBT) also saw a decline, falling to ₹3,248.00 crore. While the exact figure for the previous year's PBT was not provided in the update, this decrease suggests some pressure on the company's profitability.

Financial Overview

To provide a clearer picture of Adani Power's Q4 FY2025 performance, here's a comparison of the key financial metrics:

The table highlights the contrasting trends in revenue and profitability, showcasing the company's ability to grow its top line while facing some pressure on earnings.

Conclusion

Adani Power's Q4 FY2025 results present a nuanced picture of the company's financial health. The substantial revenue growth and significant increase in power sale volume are positive signs, indicating strong demand for the company's power generation services. However, the slight decline in EBITDA and decrease in profit before tax suggest that the company may be facing some challenges in maintaining its profit margins.

Investors and analysts will likely be keen to understand the factors behind the increased revenue and power sale volume, as well as the reasons for the marginal EBITDA decline and profit decrease. These results may prompt discussions about the company's operational efficiency, cost management strategies, and future growth prospects in India's dynamic power sector.

The impact of new acquisitions on the company's financial performance will also be an area of interest, as it appears to have influenced the EBITDA figures. As Adani Power continues to navigate the complexities of the energy market, stakeholders will be watching closely to see how the company balances growth with profitability in the coming quarters.