Revenue rose 33% to Rs 19,322 crore in the June quarter as higher power demand, increased operating capacity and fresh PPAs boosted power sales and generation
Adani Power on Wednesday reported a 47.24 per cent rise in its net profit to Rs 4,866.60 crore in the June quarter, mainly on the back of higher revenues and strong power demand. In a statement, the company said its profit before tax jumped nearly 50 per cent to Rs 6,300.49 crore in Q1 FY27 from Rs 4,204.31 crore in Q1 FY26 on account of improved continuing profitability, further supported by higher one-time prior income recognition during the quarter. During the quarter, Adani Power Ltd (APL) recognised Rs 117.69 crore as share of profit from an associate, following the acquisition of stake in Jaiprakash Power Ventures Ltd. Consequently, it stated that profit after tax for Q1 FY27 rose 47.24 per cent to Rs 4,866.60 crore from Rs 3,305.13 crore in Q1 FY26. It also stated that there was a one-time net recognition of revenues pertaining to prior periods of Rs 1,386.34 crore in Q1 FY27, primarily due to revision in historic energy charges under certain PPAs compared to Rs 406.21 Crore
Q1FY27 company results: Firms including IndusInd Bank, Dr Reddy's Laboratories, JSW Energy, NTPC Green Energy, Hindustan Petroleum Corporation are also set to announce their Q1 results today
According to the June 2026 shareholding pattern, domestic mutual funds have increased their stake in four Adani Group stocks.
Antique said that it prefers companies with exposure to firm power generation and transmission-linked opportunities. It has maintained a 'Buy' rating on NTPC, Adani Power, and ACME Solar.
Adani Airport plans to invest more than Rs 20,000 crore in the first phase of a large-scale airport city development programme spanning over 655 acres across six airports in five states, as the company seeks to transform its aviation hubs into integrated commercial and urban destinations. The development, announced on Thursday by Adani Airport City Ltd (AACL) - a wholly-owned subsidiary of Adani Airport Holdings Limited (AAHL), India's largest private airport operator - will cover airports in Mumbai, Navi Mumbai, Ahmedabad, Lucknow, Jaipur and Guwahati, with around 22 million square feet of mixed-use infrastructure planned in the initial phase. Nearly 70 per cent of the investment will be concentrated in Mumbai and Navi Mumbai, where the company controls close to 440 acres of land, reflecting the strategic importance of the Mumbai Metropolitan Region as India's largest aviation and commercial hub, it said in a statement. The projects will combine hotels, offices, retail, ...
The company plans to add 23,720 MW of thermal power capacity by FY32 through brownfield and greenfield projects, while Adani Energy Solutions outlined its expansion pipeline
Stocks to watch today: Bharti Airtel, Adani Power, Vedanta, Rajesh Exports, HCLTech, IRFC, Swiggy, Bandhan Bank, Torrent Power, Hindustan Copper, Tata Steel, and others will be in focus today.
Gautam Adani says the group is expanding across power, nuclear energy, transmission, ports, data centres and cement, backed by large-scale infrastructure investments
Nuclear power, artificial intelligence, data centres, airports, ports and defence manufacturing — the Adani Group has unveiled some of its biggest growth plans yet. At its 2026 AGM,
he brokerage has picked NTPC as its top bet in the sector, followed by JSW Energy and Power Grid, while Adani Green, Adani Power, and Adani Energy Solutions are placed lower in its pecking order
Coal India's Rs 5,080-crore OFS drew strong institutional demand, Pushp Brand filed draft IPO papers with Sebi, and Adani Power overtook Infosys in market value
Adani Energy Solutions, Adani Total Gas and Adani Green Energy were up in the range of 4-7% on the BSE in Wednesday's intra-day trade.
The stock price of Adani Power hit a new high of ₹245.40 and has zoomed 89 per cent from its February low of ₹130.15 on the BSE.
Bernstein says leverage, pledged-share and overseas funding concerns around Adani Group have eased after recent US-related legal overhangs were resolved
Adani Power on Thursday said it has entered into definitive agreements to acquire a 24 per cent stake in Jaiprakash Power Ventures and other thermal assets from Jaiprakash Associates for about Rs 4,193.59 crore. According to a regulatory filing, the company has also inked a Share Purchase Agreement for the acquisition of 24 per cent shares of Jaiprakash Power Ventures Ltd, held by Jaiprakash Associates. Further, Adani Power has inked a Business Transfer Agreement for the acquisition of the 180 MW thermal power plant of Jaiprakash Associates located in Churk and other related assets, including 11.49 per cent shares of Prayagraj Power Generation Company Ltd, held by Jaiprakash Associates. It stated that the consideration for 24 per cent of the shareholding of JPVL, held by JAL, stood at Rs 2,993.60 crore and for the 180 MW thermal power plant of JAL located in Churk and other related assets, including 11.49 per cent shares of Prayagraj Power Generation Company Ltd, held by JAL, is Rs
Adani Green Energy shares climbed 3.5 per cent to ₹1,407, while Adani Total Gas advanced 2.65 per cent.
Till 02:53 PM on Monday, as many as 52.52 million equity shares representing 2.3% of total equity of Adani Ports changed hands on the NSE and BSE.
Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.98 per cent and 0.48 per cent down, respectively
Adani Power reported strong PAT generation in Q4, driven by robust operating profitability and lower tax expenses.