Adani Power Limited (APL) announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, following a board meeting on April 29, 2026. For the fourth quarter (Q4 FY26), the company reported a consolidated revenue from operations of ₹14,559.97 Crores, representing a 2.93% increase year-over-year (YoY) from ₹14,145.31 Crores in Q4 FY25. On a quarter-over-quarter (QoQ) basis, revenue grew by 12.22% from ₹12,974.58 Crores in the preceding quarter. The consolidated net profit for Q4 FY26 stood at ₹3,121.28 Crores, a 14.18% increase YoY compared to ₹2,733.64 Crores in Q4 FY25, and a 14.00% increase QoQ from ₹2,737.94 Crores. The board also approved the re-appointment of Mr. Anil Sardana as Managing Director for one year starting July 11, 2026, and appointed BDO India Services Private Limited as the new Internal Auditor.

Adani Power Limited, a key entity within the Adani Group, is India’s largest private sector thermal power producer with an installed capacity of 18,150 MW. The company’s business model encompasses the development, operation, and maintenance of power projects, as well as coal trading and investment activities. In 2025, APL secured significant growth milestones, including the acquisition of Vidarbha Industries Power Limited (600 MW) in July and a shareholders’ agreement with Bhutan’s Druk Green Power Corp for a 570 MW hydroelectric project in September. Furthermore, in early 2026, the company expanded into the nuclear sector by incorporating Adani Atomic Energy Limited. Institutional backing remains strong, with GQG Partners emerging as a prominent “famous investor” in the Adani Group companies during this period. The company also executed a 5-for-1 stock split in September 2025 to enhance liquidity for retail investors.