Adani Power reported a 142% increase in net profit, reaching ₹7,019.32 crore for the September quarter of FY27. This surge is attributed to higher revenue and one-time income, as stated by the company on October 23, 2026.

Financial Highlights

  • Profit after tax in Q2 FY26 was ₹2,906.46 crore.
  • Operating revenue rose by 29.8% to ₹17,014.06 crore from ₹13,106.34 crore in Q2 FY26.
  • The growth was driven by increased electricity demand and higher tariffs under power purchase agreements (PPAs).

Factors Contributing to Growth

Adani Power explained that the revenue growth was supported by:

  • A significant increase in electricity demand.
  • Higher tariffs due to rising imported coal prices.
  • Improved merchant realization.
  • A one-time prior period revenue recognition of ₹2,422.25 crore in Q2 FY27, compared to ₹668.53 crore in Q2 FY26, primarily due to revisions in historic energy charges under certain PPAs.