Ahmedabad: Adani Power on Wednesday reported a 21.4 per cent jump in consolidated continuing profit before tax (PBT) at Rs 13,926 crore in FY25, compared to Rs 11,470 crore in FY24, due to improved EBITDA and lower finance costs.
The Adani Group company registered a 10.8 per cent rise in consolidated continuing total revenues at Rs 56,473 crore in FY25 compared to Rs 50,960 crore in FY24, supported by higher sales volumes, offset partially by lower tariff realisation.
Continuing revenues exclude one-time prior period income recognition. Continuing EBITDA for FY25 grew 14.8 per cent to Rs 21,575 crore, according to the company.
For Q4 FY25, consolidated continuing total revenue was higher by 5.3 per cent at Rs 14,522 crore compared to Rs 13,787 crore in Q4 FY24, primarily due to higher volume, offset by lower tariff realisation.
Consolidated continuing PBT for Q4 FY25 stood at Rs 3,248 crore vs Rs 3,464 crore for Q4 FY24 on account of higher depreciation due to new acquisitions, apart from slower demand growth and lower merchant tariffs.
In Q4 FY24, the company’s profit after tax (PAT) had non-recuring items like higher refund received from government authorities and gain on sale of unutilised assets. These were at lower level this quarter, with PAT at Rs 2,599.23 crore.
In a significant achievement, the company reached 102.2 billion units (BU) power generation in FY25, up by 19.5 per cent from 85.5 BU in FY24. Consolidated power sale volume stood at 95.9 BU in FY25, up by 20.7 per cent from 79.4 BU in FY24 due to robust power demand and higher operating capacity.
For the January-March quarter (Q4), consolidated power sale volume stood at 26.4 BU in Q4 FY25, up by 18.9 per cent from 22.2 BU in Q4 FY24 due to growing power demand and higher operating capacity, said the company.
"Adani Power has posted ever-higher operating and financial performance for FY 2024-25, aptly demonstrating the strength and resilience of the Adani Portfolio companies. As we progress quickly in the next phase of capacity expansion, we are prioritising capital and cost efficiencies to sharpen our competitive edge and extend our sectoral leadership across key parameters," Adani Power Limited CEO S.B. Khyalia said.
The consolidated operating capacity grew from 15,250 MW in FY24 to 17,550 MW in FY25 on account of the acquisition of the 1,200 MW Moxie Power Generation Ltd, 600 MW Korba Power Limited, and 500 MW Adani Dahanu Thermal Power Station.
“We are employing our deep, cross-domain expertise to make the business future-ready to continue delivering superior returns over the long term. Our unrelenting commitment to sustainability, which has seen us rank among the best thermal power producers in the world on several counts, will continue to guide us on our growth journey,” Khyalia added.
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