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Adani Power vs Adani Energy Solutions Q4 FY26

Side-by-side earnings comparison across verified financials, sentiment, risks, and management commentary.

Adani Power

Adani Power reported a strong Q4 FY26 with EBITDA of ₹6,498 crore, up 27% YoY, driven by higher PPA tariffs, cost discipline, and improved operating efficiency.

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Adani Energy Solutions

Adani Energy Solutions delivered a strong Q4 FY26, with consolidated EBITDA reaching ₹8,726 crore for the full year, driven by record smart meter installations of 83 lakh units (vs.

Result Snapshot

Revenue₹14,223 Cr₹7,443 Cr
PAT₹4,271 Cr₹723 Cr
EBITDA Margin33%
Sentimentbullishbullish

Key Quotes

We have ended financial year 26 with a solid 12,971 crore profit after tax.
S.P. Kalia · CEO
We have now reached to close to 15,000 cr capex. We will continue to improve the capex and reach about 20 cr capex this year.
Kandar Patel · CEO