Adani Power Q2 net profit jumps 134 percent to Rs 6,919 crore on surging energy demand

Adani Power has reported a 134 per cent surge in consolidated net profit for the second quarter of FY27, reaching Rs 6,919 crore on the back of sustained national economic momentum and rising energy demand.

Revenue from operations for the quarter rose 45 per cent to Rs 19,439 crore, compared with Rs 13,457 crore in the same period last year, according to a regulatory filing. The performance highlights India's expanding industrial footprint and the critical role of reliable baseload power generation in supporting steady domestic growth.

Adani Power Q2 FY27 financial performance

Demand growth and operational strength

Adani Power's consolidated power sales volume grew 11.5 per cent year-on-year to 26.4 billion units in the second quarter, driven by increasing power requirements across key manufacturing and commercial hubs. Operating earnings before interest, tax, depreciation and amortisation (EBITDA) reached Rs 8,231 crore, up 60 per cent from Rs 5,150 crore in Q2 FY26, while profit margins widened to 42.3 per cent.

National power demand rose 11.5 per cent to 502 billion units during the quarter, supported by rapid economic activity. Overall power generation increased 11 per cent to 536 billion units. Coal- and lignite-fired power plants met 73 per cent of the incremental power demand during the quarter, lifting the average plant load factor across domestic coal-based plants to 68 per cent, up from 62 per cent a year earlier.

Thermal capacity expansion on track

To support long-term energy security, Adani Power is advancing a major expansion programme aimed at adding 23,720 MW of new thermal power capacity.

The company announced that the first 660 MW unit of its 1,320 MW Korba Phase-II Supercritical Thermal Power Project has been synchronised with the national grid and is set for commissioning shortly. The second unit is scheduled for commissioning in the fourth quarter of FY27.

Progress continues across other key thermal projects as well:

• The 1,600 MW Mahan Phase-II Ultra-Supercritical project is expected to be fully commissioned in early FY28.
• The 1,600 MW Raipur Phase-II and 1,600 MW Raigarh Phase-II projects have both cleared 65 per cent completion in under 30 months, with commissioning scheduled for FY29.

S B Khyalia, Chief Executive Officer of Adani Power, said the company remains focused on project execution to supply reliable, high-quality power to meet the country's growing baseload needs. He noted that domestic coal-based generation continues to anchor grid stability as electricity requirements grow.