Adani Power Ltd's Q3FY25 Quarter Results
- 30 Jan 2025
Result Summary
- Adani Power Ltd reported a 5.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 11.1%.
- Its expenses for the quarter were up by 8.5% QoQ and 6.2% YoY.
- The net profit decreased 10.8% QoQ and increased 7.4% YoY.
- The earnings per share (EPS) of Adani Power Ltd stood at 7.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 14833.44 | 14062.84 | 13355.27 | 5.5% | 11.1% |
Total Expenses | 10774.80 | 9928.76 | 10144.89 | 8.5% | 6.2% |
Profit Before Tax | 4058.64 | 4134.08 | 3210.38 | -1.8% | 26.4% |
Tax | 1118.57 | 836.56 | 472.42 | 33.7% | 136.8% |
Profit After Tax | 2940.07 | 3297.52 | 2737.96 | -10.8% | 7.4% |
Earnings Per Share | 7.70 | 8.20 | 6.60 | -6.1% | 16.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Adani Power Ltd is a part of the diversified Adani Group, which is one of India's largest business conglomerates. The company is primarily engaged in the business of power generation and is known for operating several thermal power plants across India. As a significant player in the energy sector, Adani Power Ltd focuses on generating electricity and distributing power through its various subsidiaries. The company has been involved in expanding its capacity and exploring renewable energy sources in recent years. Major developments in the company's operations include capacity expansions and strategic partnerships aimed at enhancing its power generation capabilities.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Adani Power Ltd reported a total income of ₹14,833.44 crores. This represents a quarter-over-quarter (QoQ) increase of 5.5% compared to the previous quarter (Q2FY25), where the total income was ₹14,062.84 crores. Furthermore, the year-over-year (YoY) growth in total income is 11.1% when compared to ₹13,355.27 crores in Q3FY24. The observed growth in revenue indicates a consistent upward trajectory in income generation for the company over the past year. This growth trend showcases the company's ability to increase its total income on both a QoQ and YoY basis, reflecting its operations' scale and reach.
Profitability
For Q3FY25, Adani Power Ltd's profit before tax stood at ₹4,058.64 crores, marking a slight decline of 1.8% QoQ from ₹4,134.08 crores in Q2FY25. However, on a YoY basis, there was a significant increase of 26.4% from ₹3,210.38 crores in Q3FY24. The tax expenses for Q3FY25 were ₹1,118.57 crores, which is 33.7% higher than the previous quarter. This substantial increase in tax liabilities contributed to a reduction in the profit after tax, which was ₹2,940.07 crores for Q3FY25. This represents a 10.8% QoQ decrease from ₹3,297.52 crores in Q2FY25. Despite the quarterly decline, the profit after tax shows a YoY growth of 7.4% compared to ₹2,737.96 crores in Q3FY24, highlighting an overall positive trajectory in profitability on an annual basis.
Operating Metrics
Adani Power Ltd's total expenses in Q3FY25 were ₹10,774.80 crores, reflecting an 8.5% increase QoQ from ₹9,928.76 crores in Q2FY25. On a YoY basis, this represents a 6.2% increase from ₹10,144.89 crores in Q3FY24. The company's earnings per share (EPS) for Q3FY25 were ₹7.70, which shows a decrease of 6.1% QoQ compared to ₹8.20 in Q2FY25. However, on a YoY basis, the EPS increased by 16.7% from ₹6.60 in Q3FY24. These metrics highlight the fluctuations in the company's operational costs and shareholder returns, with a notable increase in expenses impacting the EPS QoQ, despite a positive YoY performance.
