Adani Power's consolidated profit after tax (PAT) surged 142 per cent year-on-year to Rs 7,019 crore in the second quarter of FY27, while revenue increased 39 per cent during the period, according to a company statement. The company attributed the strong profit growth to higher sales volumes amid rising power demand, increased tariffs under Power Purchase Agreements (PPAs) following a sharp rise in imported coal prices, and improved realisation from merchant power sales. “This growth was driven by higher volumes on account of a significant increase in power demand and higher PPA (Power Purchase Agreements) tariffs due to a sharp increase in import coal prices, and improved merchant realisation,” the company said in the release. Also, the power major’s EBITDA rose 46 per cent year-on-year to Rs 8,743 crore, while reported revenue grew 39 per cent to Rs 19,951 crore. Continuing EBITDA came at Rs 6,321 crore and revenue stood at Rs 17,528 crore during the quarter. Revenue rose 39 per cent...
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