Due to higher EBITDA and reduced financing costs, Adani Power reported a 21.4% increase in consolidated continuing profit before tax (PBT) on Wednesday, from Rs11,470 crore in FY24 to Rs13,926 crore in FY25.

Higher sales volumes helped the Adani Group company’s consolidated ongoing total revenues, which increased by 10.8% to Rs56,473 crore in FY25 from Rs50,960 crore in FY24. This increase was slightly offset by reduced tariff realisation.

One-time previous period income recognition is not included in continuing revenues. The business reported that continuing EBITDA for FY25 increased 14.8% to Rs21,575 crore.

Consolidated ongoing total revenue for Q4 FY25 was Rs14,522 crore, up 5.3% from Rs13,787 crore in Q4 FY24. This was mainly because of greater volume, which was counterbalanced by reduced tariff realisation.

Aside from slower demand growth and lower merchant rates, the combined continuous PBT for Q4 FY25 was Rs3,248 crore as opposed to Rs3,464 crore for Q4 FY24. This was owing to greater depreciation from new acquisitions.

The company’s profit after tax (PAT) in Q4 FY24 included non-rising factors such as the gain from the sale of unused assets and a larger return from government agencies. This quarter, these were lower, with PAT standing at Rs2,599.23 crore.

The firm achieved a noteworthy milestone in FY25 when it generated 102.2 billion units (BU) of electricity, up 19.5% from 85.5 BU in FY24. The volume of consolidated power sales increased by 20.7% from 79.4 BU in FY24 to 95.9 BU in FY25 as a result of strong power demand and increased operational capacity.

Growing power demand and increased operational capacity caused the consolidated power selling volume for the January-March quarter (Q4) to increase by 18.9% from 22.2 BU in Q4 FY24 to 26.4 BU in Q4 FY25, according to the business.

The robustness and resiliency of the Adani Portfolio firms are perfectly shown by Adani Power’s consistently improved operational and financial performance during FY 2024–2025. The CEO of Adani Power Limited, SB Khyalia, said, “We are prioritising capital and cost efficiencies to strengthen our competitive edge and extend our sectoral leadership across key parameters as we move swiftly forward in the next phase of capacity expansion.”