Shares of Adani Power fell on Friday after its June quarter results and a stock split that the board has approved.The board has approved the division of one equity share of ₹10 each into five equity shares of ₹2, implying a split ratio of 1:5
This is the first stock split that the company has considered for its shareholders. This is also the first such corporate action that Adani Power has carried out. It has never issued a bonus share prior, nor has it carried out a stock split.
Record date for the stock split has not been disclosed.
Companies generally carry out a stock split to make it easier for shareholders to buy or sell their shares, as it increases the liquidity in the stock. A stock split divides a company’s stock into more shares, lowering the price and increasing the number of shares available to trade.For the June quarter, Adani Power’s revenue declined by 5.7% from last year to ₹14,109 crore, while its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) fell 8.2% on a year-on-year basis to ₹5,685.2 crore.
This is the first stock split that the company has considered for its shareholders. This is also the first such corporate action that Adani Power has carried out. It has never issued a bonus share prior, nor has it carried out a stock split.
Record date for the stock split has not been disclosed.
Companies generally carry out a stock split to make it easier for shareholders to buy or sell their shares, as it increases the liquidity in the stock. A stock split divides a company’s stock into more shares, lowering the price and increasing the number of shares available to trade.For the June quarter, Adani Power’s revenue declined by 5.7% from last year to ₹14,109 crore, while its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) fell 8.2% on a year-on-year basis to ₹5,685.2 crore.
EBITDA margin narrowed to 40.3% from 41.4% last year.
Power Generation during the quarter increased by 1.6% from last year to 25.7 billion units. Operating capacity grew to 18,150 MW in July this year.
Adani Power shares are trading 1.1% lower after the earnings and stock split announcement at ₹583.1.
First Published: Aug 1, 2025 12:23 PM IS
