Q2 FY27 profit after tax rises 142% as Korba nears commercial start

Management guided margin pressureOrder pipeline disclosedInvestor Communications View source PDF Explain this filing

ADANIPOWER · price

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Price reactionminutes from the announcement price · days from the prior close

+3.4%Reaction day

₹189.00

prior close

₹189.66

announcement price

After-mkt

timing

Nifty 100market+1.7%+1.6% vs market

Power peers, median of 37sector · industry level+2.0%+1.3% vs sector

On the reaction day the stock moved 1.6 pts more than Nifty 100 and 1.3 pts more than its Power peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.2

10m

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15m

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30m

+2.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.4+1.7+1.6+2.0+1.3

Next day

+3.0+3.2-0.2+1.9+1.1

+6.5+4.0+2.4+4.0+2.5

+7.7+6.4+1.4+5.2+2.5

+8.1pendingpending+4.2+3.9

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15d

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UpDownMarket · Nifty 100Sector · Power peers, median of 37Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Q2 FY27 continuing revenue rose 28.5% to INR17,528 crore; EBITDA was INR6,321 crore and profit after tax was INR7,019 crore, up 141.5%, including INR2,422 crore of one-off revenue. Fuel cost rose 41.8%; management said imported coal costs slightly lowered margins and would affect tariffs after a lag. Korba's 660 MW unit is synchronized. It won a 25-year, 1,320 MW PPA; PPAs cover 62% of the 24 GW pipeline. No second-half guidance.

Likely market impact

Headline profit is positive but boosted by one-off items, while higher fuel costs may weigh on margins; new contracts support longer-term growth.