Shares of Adani Power Ltd. cooled off from the highs of the day in response to its September quarter results that were reported on Thursday, October 30.The company’s net profit declined by 11% from last year to ₹2,953 crore. Revenue grew by 1% year-on-year to ₹13,457 crore.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter declined by 2% from last year to ₹5,150 crore, while margins narrowed by 130 basis points to 38.3% from 39.6% last year.
During the quarter, the company’s consolidated power sales volumes increased by 7.4% to 23.7 billion units, despite a higher base and demand disruption due to early and prolonged monsoons.Adani Power CEO SB Khyalia said that the company is expanding its presence in the market by signing another 4.5 GW worth of new long-term Power Purchase Agreements (PPAs) under the SHAKTI scheme.
Shares of Adani Power are currently little changed at ₹161.8. The stock is up 12% in the last one month and has gained 54% so far in 2025.
