Adani Power Q4 EBITDA Jumps 27% to INR6,498 Cr; Secures 1,600 MW Maharashtra PPA
Adani Power's Q4 FY26 results showed a 27% increase in EBITDA to INR6,498 crores and a 64% jump in PAT to INR4,271 crores, supported by a 74% PLF and higher PPA realizations. The company is expanding aggressively, securing a 1,600 MW Maharashtra PPA and targeting 42 GW capacity by 2032, with capex estimated at INR25,000 crores for FY26-27. Jefferies maintains a Buy rating with a target price of INR255.