Adani Power Limited has submitted to the Exchange, a copy of the Earnings Call Transcript

Adani Power reported strong Q4 FY26 results with EBITDA of INR 6,498 crores (up 27% YoY) and PAT of INR 4,271 crores (up 64% YoY). Full-year FY26 EBITDA was INR 23,431 crores with PAT of INR 12,971 crores. The company achieved 105 billion units of power generation and has 95% of its 18.15 GW operating capacity tied up under long-term/medium-term PPAs. Capacity expansion is progressing well with 13.3 GW of new PPAs tied up towards the 23.7 GW expansion goal by 2032. Key projects include Korba Phase-II (86% complete, expected FY27), Mahan Phase-II (delayed to FY28 due to geopolitical factors), and a new 1,600 MW PPA from Maharashtra at INR 5.30/unit tariff. The company targets INR 50,000 crore EBITDA by FY31 and 42 GW total capacity by FY32.