Power - Electric Utilities company Adani Power announced Q1FY26 results Consolidated power sale volume grows by 1.6% at 24.6 BU in Q1FY26, vs 24.2 BU in Q1FY25, despite high base effect and demand disruption due to early monsoons. Consolidated continuing total revenue for Q1FY26 at Rs 14,167 crore vs Rs 15,052 crore in Q1FY25; primarily due to lower merchant tariff realization and import coal prices YoY. Consolidated continuing total revenue for Q1FY26 at similar level to Q4FY25, despite lower volumes, due to improved merchant realization on a sequential basis. Consolidated continuing EBITDA for Q1FY26 at Rs 5,744 crore vs Rs 6,290 crore for Q1FY25; due to lower revenue and additional operating expenses of recent acquisitions YoY. Consolidated continuing EBITDA for Q1FY26 higher by 12.7% vs Q4FY25 due to higher merchant tariffs and lower fuel costs as well as operating expenses. Consolidated Profit After Tax for Q1FY26 at Rs 3,305 crore vs Rs 3,913 crore for Q1FY25 on account of lower merchant tariffs and elevated operating expenses following acquisitions. Consolidated Profit After Tax for Q1FY26 higher by 27.1% vs Q4FY25 due to higher one-time income and continuing EBITDA on a sequential basis. APL is receiving regular payments from Bangladesh, with over USD 500 million received over the last two months. S B Khyalia, CEO, Adani Power, said: “Adani Power’s stable financial performance this quarter is a testament to its resilience and core strengths, even in the face of variability in power demand and unpredictable weather. We continue to bolster our capacity through swift project execution and strategic acquisitions, ensuring we are well-prepared for future growth on our path to 30 Giga Watts (GW) by 2030. By securing critical equipment like Ultra-supercritical boilers, turbines, and generators ahead of schedule, we’re reinforcing our competitive edge and supporting India’s growing energy needs. Our commitment to sustainability and operational excellence remains unwavering, as we strive to deliver reliable, affordable power that drives the nation’s progress.” Result PDF