Adani Power Q4 results: Net profit falls 4% to Rs 2,637 crore, revenue up 6.5%

Adani Power Q4 results: Net profit falls 4% to Rs 2,637 crore

Adani Power on April 30 reported a 4 percent decline in net profit at Rs 2,637 crore for the March quarter, attributing the decline to "lower one-time revenue recognition and higher tax charge".

The company reported a net profit of Rs 2,737 crore in the year-ago period.

Its revenue from operations rose 6.5 percent to Rs 14,237 crore, the company said in an exchange filing.

"Slower growth in continuing operating revenue FY25 and Q4 FY25, as compared to growth in volumes, was mainly on account of lower prices of imported coal as well as lower merchant tariffs, as compared to the corresponding periods of FY24," it said.

The company generated 102.2 billion units (BU) of power in FY25, up 19.5 percent from 85.5 BU in 2023-24.

Adani Power's consolidated operating capacity grew from 15,250 MW in FY24 to 17,550 MW in FY25 on acquisition of the 1,200 MW Moxie Power Generation Ltd. (MPGL), 600 MW Korba Power Ltd (KPL) and 500 MW Adani Dahanu Thermal Power Station (ADTPS).

"Adani Power has posted an ever higher operating and financial performance for FY 2024-25, aptly demonstrating the strength and resilience of the Adani Portfolio companies,” chief executive officer SB Khyalia said.

“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 firm’s net debt increased to Rs 31,023 crore from Rs 26,545 crore on account of acquisition debt for KPL and higher working capital borrowings in line with the increased scale of operations.

The company said all India power demand grew by 3.5 percent to 415 BU in Q4 from the year-ago period. For the full year, it grew 4.2 percent to 1,695 BU.

"The marginal slowdown in demand growth was primarily due to cold weather. However, demand picked up in the month of March 2025, which registered a growth of 6.6 percent over March 2024," the statement said.

The company earned Rs 14,141 crore from power generation and related activities which was higher that Rs 13,671 crore in previous quarter and Rs 13,071 crore in Q4FY24.

Trading, investment and other activities’ revenue came in at Rs 96 crore, down from Rs 293 crore in the year-ago period.

The stock ended the day at Rs 530 on the National Stock Exchange, down 3.49 percent from the previous close following the earnings announcement.