# Adani Power has reported a robust financial performance for the fourth quarter of fiscal year 2026.

*business · news · 2026-05-06 · scanx.trade*

## Key points

- Adani Power's Q4 FY26 PAT surged 64% year-over-year to INR4,271 crores.
- The company secured a new 1,600-megawatt PPA from Maharashtra DISCOM in Q4.
- Adani Power targets adding 23.7 GW thermal capacity by 2032, with 13.3 GW already tied up.
- Major projects Mahan Phase-II, Raipur Phase-II, and Raigarh Phase-II are 86%, 54%, and 47% complete.
- Jefferies raised its target price for Adani Power to INR255 citing Q4 EBITDA and improved tariffs.

**Companies:** Adani Power
**Countries:** India

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