Adani Power Share Price Rises 16.25% on January 14, 2025

Adani Power Ltd has been in focus on Tuesday. On January 14, 2025, Adani Power share price opened at ₹460.00, up from its previous close of ₹449.90. At 11:11 AM, the share price of Adani Power was trading at ₹523.00, up by 16.25% on the NSE. As of the same time, the stock price touched its day’s high at ₹535.00.

Latest Developments

Earlier this month, in January 2025, the company informed the exchanges that CARE Ratings Limited has assigned a ‘CARE AA; Stable’ credit rating to the proposed Non-Convertible Debentures (NCDs) of Adani Power Limited, amounting to ₹5,000 crores. Additionally, the credit ratings for the company’s existing bank loan facilities have been reaffirmed.

The reaffirmed ratings include ‘CARE AA; Stable’ for the long-term bank facilities of ₹21,805.99 crores, ‘CARE AA; Stable / CARE A1+’ for the long-term/short-term bank facilities of ₹8,429.01 crores, and ‘CARE A1+’ for short-term bank facilities amounting to ₹765 crores.

Q2 FY 2025 and H1 FY 2025 Financial Highlights 

For Q2 FY 2025, the company reported a total income of ₹14,062.84 crores, which reflects a slight decrease from ₹14,935.68 crores in Q2 FY 2024. The net profit for the quarter stood at ₹3,297.52 crores, lower than ₹6,594,17 crores reported in the same period last year.

In the first half of FY 2025 (H1 FY 2025), the company recorded a total income of ₹29,536.79 crores, a decline from ₹33,044.69 crores in H1 FY 2024. The net profit for the first half of the fiscal year was ₹7,210,31 crores, down from ₹15,353,59 crores in H1 FY 2024.

About Adani Power Ltd

Adani Power (APL), a subsidiary of the diversified Adani Group, is India’s largest private thermal power producer. The company, along with its subsidiaries, sells power generated from its projects through a mix of long-term Power Purchase Agreements (PPAs), short-term PPAs, and on a merchant basis.

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