Adani Power Share Price in Focus After Q2 FY27 Earnings Results: Total Income Up 39% YoY

On October 23, 2026, Adani Power Limited reported a substantial increase in its unaudited consolidated financial performance for the quarter ending September 30, 2026, as per the exchange filings.  

The company's total income rose by 39% year-on-year to ₹19,950.60 crore, while its net profit saw a 141% increase to ₹7,019.32 crore. 

Adani Power Q2 FY27 Earnings Results 

In the September 2026 quarter, Adani Power Limited's total income increased to ₹19,950.60 crore, up from ₹14,307.79 crore in the same period last year.  

The net profit for the quarter rose to ₹7,019.32 crore, compared to ₹2,906.46 crore a year ago.  

For the half-year ending September 30, 2026, the total income was ₹39,272.90 crore, marking a 36% increase year-on-year. 

Operational Highlights 

During the quarter, Adani Power's consolidated power sale volumes grew by 11.5% to 26.4 billion units. The Plant Load Factor improved to 70.1%. Power sales under power purchase agreements expanded by 29.7%, with an average tariff realisation of ₹6.4/kWh. 

Adani Power's financials included a one-time prior-period income recognition of ₹2,422.25 crore, resulting from historical energy charge revisions. The company also executed a Scheme of Amalgamation with 10 wholly-owned subsidiaries, leading to a tax expense reversal of ₹1,211.43 crore. 

Read More: Eternal Share Price Falls Over 2% After Q2 FY27 Earnings Results: Total Income Up 75.6% YoY! 

Strategic Agreements and Expansion 

Adani Power secured a 25-year power supply agreement for 1,320 MW in Uttarakhand and was selected as the Successful Resolution Applicant to acquire GVKEL's 330 MW Alaknanda Hydroelectric power plant. Additionally, a joint venture agreement was executed for the 770 MW Chamkharchhu project in Bhutan. 

Financial Position and Credit Profile 

The company's consolidated asset base reached ₹1,65,640.18 crore, with total equity expanding to ₹78,377.47 crore. Long-term borrowings stood at ₹47,310.26 crore. The debt-to-equity ratio was 0.79 times, and the interest service coverage ratio was 8.86 times. Credit ratings were upgraded to "AA+; Stable" by CARE Ratings and India Ratings. 

Adani Power Share Price Performance 

As of October 23, 2026, at 3:00 PM, Adani Power share price on NSE was trading at ₹182.72 down by 1.38% from the previous closing price. 

Conclusion 

Adani Power Limited's total income for the September 2026 quarter rose by 39% to ₹19,950.60 crore, with net profit increasing by 141% to ₹7,019.32 crore. The company achieved a 36% year-on-year increase in total income for the half-year ending September 30, 2026, amounting to ₹39,272.90 crore. 

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