Adani Power's H1 FY25 consolidated sales volume rises over 29%
ECONOMY & POLICY

Adani Power's H1 FY25 consolidated sales volume rises over 29%

Adani Power's consolidated power sale volume reached 46 billion units in the first half of 2024-25, marking a 29.2 per cent increase from 35.6 billion units in the same period the previous year. In its earnings report, the Adani Group company attributed this growth to heightened power demand and expanded operating capacity.

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.

Adani Power's consolidated power sale volume reached 46 billion units in the first half of 2024-25, marking a 29.2 per cent increase from 35.6 billion units in the same period the previous year. In its earnings report, the Adani Group company attributed this growth to heightened power demand and expanded operating capacity. 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.

Next Story
Infrastructure Urban

Larsen & Toubro Secures Contract from Defence Ministry

The Ministry of Defence, Government of India, has awarded a significant contract to Larsen & Toubro (L&T) for supplying K9 Vajra-T Artillery Platforms to the Indian Army. As per the company's project classification, the contract is valued between Rs 50 billion and Rs 100 billion. The K9 Vajra-T, a 155 mm, 52-calibre tracked self-propelled artillery platform, is an adaptation of the globally renowned South Korean K9 Thunder howitzer. It has been co-developed by L&T and Hanwha Aerospace to meet the Indian Army's specific operational needs across diverse terrains, including deserts, plains, and..

Next Story
Real Estate

Delhi-NCR Housing Market sees 25% Sales Growth

The Delhi-NCR property market has maintained its momentum during the December quarter, with housing sales and new supply estimated to grow by 25 per cent and 59 per cent, respectively, as reported by PropEquity. Data from the real estate analytics firm suggests that housing sales in Delhi-NCR are likely to rise to 12,915 units during the October-December period of this year, compared to 10,354 units in the corresponding period of the previous year. New supply in the region is expected to increase significantly, reaching 11,223 units, a 59 per cent rise from 7,072 units in the year-ago quarter..

Next Story
Infrastructure Urban

DDC Approves Five Key Projects Under Kasaragod Development Package

The District Development Committee (DDC) has approved a budget of Rs 100.08 million for five key projects under the Kasaragod Development Package. This funding is part of the Rs 700 million allocated in the State budget for the 2024-25 financial year, with administrative approval formally amended to incorporate these initiatives. The decision was made during a meeting chaired by District Collector K. Inbasekar on Saturday, December 21. The approved projects include Rs 40.99 million for constructing Udayapuram Thungal Road in Kottom Belur grama panchayat and Rs 20.56 million for setting up a ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000