Adani Power Reports 39% Profit Decline in FY25

Adani Power reported a decrease in net profit for both the fourth quarter and the full fiscal year 2024–25, despite significant growth in power sale volumes and operational revenues. The company’s consolidated profit after tax for the full year dropped by 39% to ₹12,750 crore, mainly due to lower one-time revenue recognition and increased tax charges, even as revenue from operations grew by around 12%. In the fourth quarter, net profit declined by about 3.6–5% year-on-year, attributed to fewer non-recurring gains compared to the previous year, while revenue rose over 5%. The increase in power sale volumes and operating capacity was offset by higher expenses and the impact of recent acquisitions, leading to increased depreciation and operating costs. Despite these challenges, the company highlighted improvements in EBITDA, driven by higher sales and lower fuel prices, and expressed optimism about future capacity expansion and operational efficiencies. Investors, however, showed concern as Adani Power’s share price fell following the profit results, reflecting apprehension over declining profitability amid revenue growth.