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ADANIPOWER Diversified 20 Jan 2026

Adani Power Limited — Q3 FY26

Adani Power reported Q3 FY26 revenue of INR 12,717 crore, down 5.3% YoY, due to lower power selling rates and weaker merchant prices.

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Revenue ₹12,717 Cr -5.3%
EBITDA ₹4,636 Cr -3.1%
PAT ₹2,488 Cr -15.4%
EBITDA Margin 36.5% +80bps
Duration
Read Time 1 min read

Financial stats pending filing verification

Delivery score0%
Due this quarter2
Delivered0
Missed2

Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.

Q2 FY26

Merchant tariff expected to average ~INR 6/unit in H2 FY26

Management expects merchant realization to recover to around INR 6 per unit in the second half, from INR 5.37 in Q2.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1
Q2 FY26

Godda plant to connect to Indian grid by December 2025

The Godda power plant is expected to be connected to the Indian grid by December 2025, allowing sales under certain conditions.

Missed

Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.

heuristic_v1