Adani Power Q2 FY27 profit surges 142 pc to Rs 7,019 crore, revenue rises 39 pc
New Delhi, Oct. 23 -- Adani Power's consolidated profit after tax (PAT) surged 142 per cent year-on-year to Rs 7,019 crore in the second quarter of FY27, while revenue increased 39 per cent during the period, according to a company statement.
The company attributed the strong profit growth to higher sales volumes amid rising power demand, increased tariffs under Power Purchase Agreements (PPAs) following a sharp rise in imported coal prices, and improved realisation from merchant power sales.
"This growth was driven by higher volumes on account of a significant increase in power demand and higher PPA (Power Purchase Agreements) tariffs due to a sharp increase in import coal prices, and improved merchant realisation," the company said in...
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