Adani Power announces Q1 FY27 earnings date; board to consider fundraising, key details to watch

Adani Power is expected to be in the spotlight as the company, on July 18, unveiled the schedule for its June quarter (Q1 FY27) earnings. In a regulatory filing with the NSE, the company said its Board of Directors will meet on Wednesday, July 22, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.

Apart from reviewing the quarterly earnings, the board will also consider proposals to raise funds.

The fundraising could be undertaken through the issuance of equity shares or other eligible securities via permissible routes, including private placement, qualified institutions placement (QIP), preferential issue, or any other method, in one or more tranches, subject to applicable regulatory approvals.

Recent updates

• Last week, Adani Power signed a power supply agreement with Maharashtra State Electricity Distribution Company Ltd (MSEDCL) for supply of 1,600 MW power.

The power will be supplied on a long-term basis from an 800x2 MW ultra-supercritical thermal project to be established under a design, build, finance, own & operate (DBFOO) basis, Adani Power said in an exchange filing on Wednesday.

The power supply agreement (PSA) has been signed for a period of 25 years, the company said.

Adani Power further said the coal linkage for the power plant has been allocated under the SHAKTI Policy of the Government of India.

• In May 2026, Adani Power said it had entered into definitive agreements to acquire a 24% stake in Jaiprakash Power Ventures and other thermal assets from Jaiprakash Associates for about ₹4,193.59 crore.

According to a regulatory filing, the company has also inked a Share Purchase Agreement for the acquisition of 24% shares of Jaiprakash Power Ventures Ltd, held by Jaiprakash Associates.

Further, Adani Power has inked a Business Transfer Agreement for the acquisition of the 180 MW thermal power plant of Jaiprakash Associates located in Churk and other related assets, including 11.49% shares of Prayagraj Power Generation Company Ltd, held by Jaiprakash Associates.

It stated that the consideration for 24% of the shareholding of JPVL, held by JAL, stood at ₹2,993.60 crore and for the 180 MW thermal power plant of JAL located in Churk and other related assets, including 11.49 per cent shares of Prayagraj Power Generation Company Ltd, held by JAL, is ₹1,200 crore.

Adani Power Q4 FY26 earnings

The company reported over 64% growth in consolidated net profit to ₹4,271.40 crore during the quarter ended March 31, mainly driven by higher revenues and lower tax expenses.

It had reported a net profit of ₹2,599.23 crore in the year-ago quarter, the company said in an exchange filing.

The company's total income rose to ₹15,989.09 crore in the fourth quarter from $14,535.60 crore in the same period of the preceding 2024-25 financial year.

For the full FY26, the company's net profit rose to ₹12,971.08 crore from ₹12,749.61 crore in FY25.

In a separate statement, Adani Power said it recorded a higher profit after tax (PAT) for Q4 and FY26 on the back of lower tax expenses.

Continuing operating revenues for the quarter were up by 2.93% at ₹14,559.97 crore compared to ₹14,145.31 crore for Q4 FY25 due to high plant uptime being maintained, favourable foreign exchange movement, and greater operating capacity, despite lower merchant prices and lower prices of imported coal.