Adani Power Share Price Surges 8%: Key Highlights & Financial Performance

Market Performance

Adani Power's share price jumped 8% intraday on June 10, reaching ₹610 on the BSE. The stock opened at ₹565.30 and traded 6.3% higher at ₹598.95 by mid-afternoon, with over 2.6 Crore shares exchanged.

• Year-to-date (2024) gain: Over 12%
• 52-week high: ₹810.55 (June 10, 2023)
• 52-week low: ₹430.85 (November 21, 2023)
• Monthly trend: Up 9% in June so far

Other Adani Group stocks, including Adani Enterprises and Adani Ports, also rose 1-3% during the session.

Why Is Adani Power Rallying?

The company recently held an investor presentation highlighting its business performance. However, its Q4 FY25 results showed:

• Net profit declined 5% YoY to ₹2,599 Crore (vs. ₹2,737 Crore in Q4 FY24)
• FY25 profit after Tax  stood at ₹12,750 Crore, down from ₹20,829 Crore in FY24

The drop was attributed to lower one-time revenue recognition and higher tax charges.

Financial Snapshot

Q4 FY25 Performance (Consolidated)

• Net Profit: ₹2,599 Crore (↓5% YoY)

Full-Year FY25 Performance

• profit after Tax: ₹12,750 Crore (vs. ₹20,829 Crore in FY24)

Key Takeaways for Investors

• Adani Power's stock is on an upward trend, gaining 12% in 2024.
• The company faces challenges due to lower one-time earnings, which are impacting its profits.

Final Summary

Adani Power's share price surged 8% amid substantial trading volumes, continuing its rally in 2024. While quarterly profits dipped, investor interest remains high.