Adani Power Reports 29% Surge in Power Sale Volume for H1 FY25

Adani Power has announced a significant increase in its consolidated power sale volume, reaching 46 billion units in the first half of the fiscal year 2024-25, marking a 29.2% rise from 35.6 billion units during the same period last year. This growth can be attributed to a surge in power demand and enhanced operating capacity, as stated in the company’s earnings report released on Tuesday.

The company’s consolidated total revenues also saw a notable increase, rising by 20% to ₹28,517 crore, compared to ₹23,767 crore in the first half of the previous fiscal year. This increase in revenue was driven by higher sales volumes.

Strong Growth in EBITDA and Profit Before Tax

Adani Power’s consolidated continuing EBITDA for the first half of FY25 rose by 38.3%, amounting to ₹11,692 crore, up from ₹8,457 crore in the same period last year. This improvement was attributed to greater volumes and reduced fuel and operating costs.

The company reported a remarkable 69% increase in consolidated continuing Profit Before Tax, which reached ₹8,020 crore, compared to ₹4,746 crore in the previous year. For the quarter from July to September 2024-25, Profit Before Tax increased by 44.8% to ₹3,537 crore, up from ₹2,443 crore year-on-year, again due to enhanced EBITDA and lower finance costs.

CEO’s Statement on Future Growth

SB Khyalia, CEO of Adani Power Limited, stated, “Adani Power has embarked on the next phase of its growth journey, swiftly achieving capacity expansion milestones and securing power supply agreements to ensure long-term revenue stability.” He emphasized the company’s commitment to supporting India’s economic development through reliable, sustainable, and affordable power supplies.

Khyalia further highlighted the company’s focus on revitalizing recently acquired stressed power plants by leveraging its core competencies, which will contribute to its overall growth strategy.

Adani Power, part of the Adani Group, is recognized as the largest private thermal power producer in India, with an installed thermal power capacity of 17,510 MW across eleven plants located in various states, in addition to a 40 MW solar power facility in Gujarat.