Results Snapshot
Figures in Cr
Consolidate Nine Monthly Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
40,017.43
41,965.69
36,987.56
28,531.24
17,113.40
19,847.88
20,295.29
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
40,017.43
41,965.69
36,987.56
28,531.24
17,113.40
19,847.88
20,295.29
Raw Material Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Purchase of Finished goods
62.92
200.89
121.46
153.96
123.92
48.58
50.60
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
-18.43
-10.06
0.00
Employee Cost
624.63
594.82
454.29
420.85
340.74
317.73
309.54
Power Cost
21,272.30
22,355.16
21,073.12
17,934.13
10,644.62
11,042.94
13,380.49
Manufacturing Expenses
441.66
373.06
475.63
366.75
508.61
483.54
194.77
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
2,542.28
1,948.95
1,532.10
1,518.30
931.85
910.97
879.15
Total Expenditure (Excl Depreciation)
24,943.79
25,472.88
23,656.60
20,393.99
12,531.31
12,793.70
14,814.55
Operating Profit (PBDIT) excl Other Income
15,073.64
16,492.81
13,330.96
8,137.25
4,582.09
7,054.18
5,480.74
Other Income
1,858.76
2,404.54
9,412.40
3,713.96
1,265.15
1,399.79
1,218.95
Operating Profit (PBDIT)
16,932.40
18,897.35
22,743.36
11,851.21
5,847.24
8,453.97
6,699.69
Interest
2,399.57
2,574.89
2,568.49
2,587.50
3,059.44
3,979.31
4,070.93
Exceptional Items
0.00
0.00
0.00
0.00
0.00
0.00
-1,002.99
Gross Profit (PBDT)
14,532.83
16,322.46
20,174.87
9,263.71
2,787.80
4,474.66
1,625.77
Depreciation
3,417.30
3,224.23
2,941.30
2,486.73
2,343.66
2,420.10
2,238.09
Profit Before Tax
11,115.53
13,098.23
17,233.57
6,776.98
444.14
2,054.56
-612.32
Tax
2,415.85
2,947.85
-857.98
1,292.82
178.03
797.71
349.59
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
8,699.68
10,150.38
18,091.55
5,484.16
266.11
1,256.85
-961.91
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
8,699.68
10,150.38
18,091.55
5,484.16
266.11
1,256.85
-961.91
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
134.56
-82.86
0.00
0.00
0.00
0.00
-0.04
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
8,817.22
10,301.80
18,091.55
5,484.16
266.11
1,256.85
-961.87
Equity Capital
3,856.94
3,856.94
3,856.94
3,856.94
3,856.94
3,856.94
3,856.94
Face Value
2.0
10.0
10.0
10.0
10.0
10.0
10.0
Reserves
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Diluted Earnings per share
1.29
1.53
6.61
-0.81
0.57
-1.63
-2.4
Operating Profit Margin (Excl OI)
37.67%
39.3%
36.04%
28.52%
26.77%
35.54%
27.0%
Gross Profit Margin
36.32%
38.89%
54.55%
32.47%
16.29%
22.54%
8.01%
PAT Margin
21.74%
24.19%
48.91%
19.22%
1.55%
6.33%
-4.74%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Nine Monthly Analysis Highlights
Net Sales
YoY Growth in nine months ended Dec 2025 is -4.64% vs 13.46% in Dec 2024
Consolidate Net Profit
YoY Growth in nine months ended Dec 2025 is -14.41% vs -43.06% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in nine months ended Dec 2025 is -8.60% vs 23.72% in Dec 2024
Interest
YoY Growth in nine months ended Dec 2025 is -6.81% vs 0.25% in Dec 2024
Operating Profit Margin (Excl OI)
YoY Growth in nine months ended Dec 2025 has fallen from Dec 2024
Compare Nine Monthly Results Of Adani Power With
Figures in Cr
Consolidate Nine Monthly Results
Change(INR)
Change(%)
Net Sales
40,017.43
1,37,696.86
-97,679.43
-70.94%
Other Operating Income
0.00
0.00
0.00
Total Operating income
40,017.43
1,37,696.86
-97,679.43
-70.94%
Raw Material Cost
0.00
0.00
0.00
Purchase of Finished goods
62.92
0.00
62.92
(Increase) / Decrease In Stocks
0.00
0.00
0.00
Employee Cost
624.63
4,921.48
-4,296.85
-87.31%
Power Cost
21,272.30
70,811.20
-49,538.90
-69.96%
Manufacturing Expenses
441.66
4,325.04
-3,883.38
-89.79%
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
2,542.28
17,673.87
-15,131.59
-85.62%
Total Expenditure (Excl Depreciation)
24,943.79
97,731.59
-72,787.80
-74.48%
Operating Profit (PBDIT) excl Other Income
15,073.64
39,965.27
-24,891.63
-62.28%
Other Income
1,858.76
1,691.12
167.64
9.91%
Operating Profit (PBDIT)
16,932.40
41,656.39
-24,723.99
-59.35%
Interest
2,399.57
10,064.07
-7,664.50
-76.16%
Exceptional Items
0.00
0.00
0.00
Gross Profit (PBDT)
14,532.83
31,592.32
-17,059.49
-54.00%
Depreciation
3,417.30
14,495.54
-11,078.24
-76.43%
Profit Before Tax
11,115.53
17,710.51
-6,594.98
-37.24%
Tax
2,415.85
6,185.69
-3,769.84
-60.94%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
8,699.68
10,911.09
-2,211.41
-20.27%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
8,699.68
15,260.41
-6,560.73
-42.99%
Share in Profit of Associates
0.00
1,670.40
-1,670.40
-100.00%
Minority Interest
134.56
-148.00
282.56
190.92%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
8,817.22
16,566.05
-7,748.83
-46.78%
Equity Capital
3,856.94
9,696.67
-5,839.73
-60.22%
Face Value
2.00
10.00
0.00
Reserves
0.00
1,85,212.52
-1,85,212.52
-100.00%
Gross Profit Margin
36.32%
22.94%
0.00
13.38%
PAT Margin
21.74%
7.92%
0.00
13.82%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Nine Monthly - Net Sales
Net Sales 40,017.43 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is -4.64% vs 13.46% in Dec 2024
Nine Monthly - Consolidate Net Profit
Consolidate Net Profit 8,817.22 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is -14.41% vs -43.06% in Dec 2024
Nine Monthly - Operating Profit (PBDIT)
Operating Profit (PBDIT) 15,073.64 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is -8.60% vs 23.72% in Dec 2024
Nine Monthly - Interest
Interest 2,399.57 Cr
in Dec 2025Figures in Cr
YoY Growth in nine months ended Dec 2025 is -6.81% vs 0.25% in Dec 2024
Nine Monthly - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 37.67%
in Dec 2025Figures in %
YoY Growth in nine months ended Dec 2025 has fallen from Dec 2024






