Adani Power Ltd on Wednesday reported a strong set of earnings for the first quarter of FY27, with consolidated net profit rising 42 percent year-on-year to Rs 4,806 crore. Consolidated revenue from operations increased 34 percent from a year earlier to Rs 18,902 crore.

The company's consolidated EBITDA rose 39.8 percent year-on-year to Rs 7,948 crore during the April-June quarter, while EBITDA margin expanded to 42 percent from 40.3 percent a year ago.

However, fuel cost for Q1 FY27 rose 30.2 per cent to Rs. 9,512.70 crore vs Rs. 7,309.19 crore for Q1 FY26, which the company attributed to larger volumes and higher landed prices of imported coal.

Separately, the company's board approved raising up to Rs 15,000 crore through a qualified institutional placement (QIP) or other eligible securities, subject to necessary approvals. Shares of Adani Power were trading 0.99 percent lower at Rs 218.19 in afternoon trade on Wednesday.

Adani Power's total debt outstanding as of June 30 stood at Rs 58,381.3 crore as compared to Rs. 53,555.5 crore as of 31st March 2026. Net debt outstanding as of June 30 was reported at Rs  47,642.80 crore.

In Q1, APL's total installed capacity stood at 18,330 mega watts, up from 17,550 MW last year. It sold 28.8 billion units of electricity in the quarter ended June 30.

The company targets reaching 45 giga watts( GW)  of generation capacity within the next five years.

"As we expand our reach further with the acquisition of Jaiprakash Associates’ stake in power assets, we are also diversifying into domestic and international hydro power projects and preparing ourselves to enter new opportunities new opportunities in the nuclear power field," said S B Khyalia, CEO of Adani Power.

"Growth in power demand, higher operating capacity, and PPA tie-ups of previously open capacity such as the Butibori and Mutiara (Tuticorin) power plants contributed to boost power sale volumes during Q1 FY27, " the company said.


The company reported 30.3 per cent in power sales under PPAs (power purchase agreements) and pointed tariff realization improved by 8.5 per cent to Rs. 5.95/kWh in Q1 FY27 over Q1 FY26. Merchant and short-term realization improved by 13.1 per cent  to Rs. 7.04/kWh in Q1 FY27 as compared to Q1 FY26 due to stronger demand, the company said in a statement.