The company reported that consolidated continuing total revenues rose by 20 per cent to Rs 285.17 billion in the first half of 2024-25, up from Rs 237.67 billion in the corresponding period last year, primarily due to increased sales volumes. Consolidated continuing EBITDA also saw a rise of 38.3 per cent, reaching Rs 116.92 billion, compared to Rs 84.57 billion in the same period last year, driven by higher volumes and reduced fuel and operational costs.

Consolidated continuing Profit Before Tax (PBT) for the first half of 2024-25 increased by 69 per cent to Rs 800.20 million, compared to Rs 47.46 billion during the same period last year, attributed to improved EBITDA and lower finance costs. For the July-September 2024 quarter alone, PBT rose by 44.8 per cent, reaching Rs 35.37 billion, up from Rs 24.43 billion in the corresponding quarter last year, supported by improved EBITDA and reduced finance costs.

SB Khyalia, CEO of Adani Power, stated that the company had entered the next phase of its growth, achieving milestones in capacity expansion and securing power supply agreements to ensure long-term revenue stability. He emphasized that the company continually demonstrates strong operational and financial performance by leveraging its inherent strengths and competitive edge.

Khyalia further noted that Adani Power’s diverse capabilities and financial resilience provide a robust platform for growth, enabling it to contribute to India's economic development through dependable, sustainable, and affordable power supplies. He added that the company is dedicated to rapidly turning around its recently acquired stressed power plants by applying its core competencies and strengths.

As part of the Adani portfolio, Adani Power (APL) is India’s largest private thermal power producer, with an installed thermal power capacity of 17,510 MW across eleven power plants located in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, Jharkhand, and Tamil Nadu, along with a 40 MW solar power plant in Gujarat.