Adani Power Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	542,405	562,031	503,513	387,733	277,112
Revenue Growth (YoY)	-3.49%	11.62%	29.86%	39.92%	5.68%
Fuel & Purchased Power	291,680	302,733	284,526	254,809	147,622
Operations & Maintenance	-	9,057	7,243	5,920	5,274
Selling, General & Admin	-	139.4	167.5	106	56.9
Depreciation & Amortization	45,645	43,089	39,313	33,037	31,175
Other Operating Expenses	52,664	35,539	29,037	24,580	24,699
Total Operating Expenses	389,989	390,556	360,287	318,451	208,827
Operating Income	152,416	171,475	143,225	69,282	68,285
Interest Expense	-33,668	-30,726	-30,794	-30,402	-38,720
Interest Income	-	15,412	89,640	36,203	35,591
Net Interest Expense	-33,668	-15,314	58,846	5,801	-3,129
Currency Exchange Gain (Loss)	-	2,604	567.3	-3,708	-1,272
Other Non-Operating Income (Expenses)	36,248	4,268	4,824	5,475	2,342
EBT Excluding Unusual Items	154,995	163,032	207,462	76,850	66,226
Gain (Loss) on Sale of Assets	-	-1,129	-469.2	-516.8	-672.5
Other Unusual Items	-	1,692	922	413.7	218.2
Pretax Income	154,995	163,595	207,915	76,747	65,771
Income Tax Expense	25,284	36,099	-372.8	-30,519	16,656
Earnings From Continuing Ops.	129,711	127,496	208,288	107,266	49,116
Minority Interest in Earnings	-1,368	1,892	-	-	-
Net Income	128,343	129,388	208,288	107,266	49,116
Preferred Dividends & Other Adjustments	-	4,749	9,193	12,517	11,980
Net Income to Common	128,343	124,639	199,095	94,750	37,136
Net Income Growth	-0.81%	-37.88%	94.18%	118.40%	286.75%
Shares Outstanding (Basic)	19,387	19,285	19,285	19,285	19,285
Shares Outstanding (Diluted)	19,387	19,285	19,285	19,285	19,285
Shares Change (YoY)	0.53%	-	-	-	-
EPS (Basic)	6.62	6.46	10.32	4.91	1.93
EPS (Diluted)	6.62	6.46	10.32	4.91	1.93
EPS Growth	2.43%	-37.40%	110.13%	155.14%	14790.87%
Free Cash Flow	-28,364	99,421	115,677	51,869	67,982
Free Cash Flow Per Share	-1.46	5.16	6.00	2.69	3.52
Profit Margin	23.66%	22.18%	39.54%	24.44%	13.40%
Free Cash Flow Margin	-5.23%	17.69%	22.97%	13.38%	24.53%
EBITDA	198,061	213,885	182,161	102,031	99,187
EBITDA Margin	36.52%	38.06%	36.18%	26.31%	35.79%
D&A For EBITDA	45,645	42,410	38,936	32,749	30,903
EBIT	152,416	171,475	143,225	69,282	68,285
EBIT Margin	28.10%	30.51%	28.44%	17.87%	24.64%
Effective Tax Rate	16.31%	22.07%	-	-	25.32%
Revenue as Reported	578,653	589,058	602,815	430,405	316,865

Source: S&P Global Market Intelligence. Utility template. Financial Sources.