Adani Power Q4 net profit contracts 4% YoY to ₹2,637 crore, revenue up 7%

Adani Power Ltd on Wednesday, April 30, announced a 3.66% year-on-year (YoY) decrease in its consolidated net profit to ₹2,636.97 crore in the three months ended March 2025. In the corresponding period last year, its net profit stood at ₹2,737.24 crore.

Its net profit was affected by lower recognition of one-time items.

On a sequential basis, the power major's net profit fell sharply by 13.75% from ₹3,057.21 crore in the December quarter of FY25.

The company clocked ₹14,237.40 crore in revenue in the fourth quarter of the 2024-25 fiscal year (Q4FY25), jumping 6.54% YoY from ₹13,363.69 crore in the corresponding period last year. Its revenue grew by 4.14% quarter-on-quarter (QoQ) from ₹13,671.18 crore in Q3FY25.

In the quarter under review, Adani Power derived ₹14,141.37 crore revenue from power generation and related activities, which surged 8.19% YoY from ₹13,071.04 crore in the year ago period. Further, its revenue from trading, investment and other activities stood at ₹96.03 crore, falling steeply by 67.19% YoY from ₹292.65 crore in Q4FY24.

The company's continuing EBITDA was at ₹5,097.62 crore in Q4FY25, contracting 3.33% from ₹5,097.62 crore last year, mainly on account of lower merchant tariffs, higher operating costs of newly acquired plants, and expenditure on Corporate Social Responsibility (CSR) obligation, Adani Power said.

However, the continuing EBITDA for FY25 grew by 14.83% to ₹21,575.07, compared to ₹18,789.32 crore in FY 2024 due to higher recurring revenues, supported by moderation in fuel costs.

Adani Power's net total debt was up by 16.87% at ₹31,023 crore as of 31st March 2025 as against ₹26,5454 crore on account of acquisition debt for Korba Power Limited (KPL) and higher working capital borrowings in line with the increased scale of operations, the company stated.

Shares of Adani Power closed in the green at ₹532.05 apiece, up 0.49% on the National Stock Exchange (NSE) on Wednesday.