Adani Power Limited — Investor Meet, 29-01-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Adani Power reported the financial results for Q3 FY26, with Continuing Revenue at ₹12,717 Cr and PAT at ₹2,488 Cr, down YoY primarily due to lower power selling rates and reduced merchant demand, despite higher sales volumes. Operational availability remained strong at 88%. The company secured a 3,200 MW long-term PPA with Assam Power Distribution and a 370 MW medium-term PPA with Uttarakhand. Management highlights core earnings stability and significant growth potential, driven by India's rising power demand and its derisked 23,720 MW project pipeline with 100% land and equipment secured. The business maintains a strong credit profile with Net Debt to Continuing TTM EBITDA at 1.86x, demonstrating financial strength.