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Adani Power Q3 FY26 Net Profit Slips to ₹2,488 Crore Despite Stable Operations
Q3 Results: Adani Power Limited reported a consolidated net profit of ₹2,488 crore in the third quarter of FY2026, compared to ₹2,940 crore in the previous year. Vedanta's net profit increased 61% year-on-year to ₹5,710 crore in the third quarter of FY2026.
Adani Power Limited has shown good profitability in the third quarter of FY2026. The company has said that its profitability has been good despite a decline in power demand due to prolonged monsoon, cold weather, and a high base effect. According to the company, consolidated net profit for the third quarter was ₹2,488 crore, compared to ₹2,940 crore in the previous year. The decline in profit was primarily due to a decrease in one-time income related to the previous period.
Adani Power reported in its results that the lower one-time income available for the current period compared to the previous period has affected the profitability of the current quarter, while the operational performance has been stable. Adani Power reported a consolidated net revenue of Rs 12,717 crore in the third quarter of the current fiscal, compared to Rs 13,434 crore reported in the previous year. The company reported that the revenue was nearly stable despite lower rates and a fall in other income.
Mining major Vedanta reported a strong performance in the third quarter of FY2026. Net profit increased 61 percent year-on-year to ₹5,710 crore. According to the company, consolidated revenue for the quarter increased by 37 percent to ₹23,369 crore. The increase in revenue was primarily driven by international metal prices, increased production, improved premiums, and foreign exchange gains.
