**Business Performance:** Adani Power delivered robust Q1 financial results, driven by strong power demand and higher operating capacity.

Continuing revenue climbed 26.6% year-on-year to 17,936 Cr, while profit after tax surged 47.2% to 4,867 Cr.

Operational excellence saw plant availability at 96% and Plant Load Factor (PLF) at 78%, with 85% of sales volume secured under contracted Power Purchase Agreements. **Growth Drivers or Strategy:** The company is aggressively expanding its base load capacity, targeting 45 GW by FY2031-32 from the current 18.33 GW.

Strategic focus areas include entering nuclear power, aiming for 10 GW by 2035, and international hydroelectric projects, starting with a 6,000 Cr investment in Bhutan. **Recent Developments:** Adani Power expanded its portfolio by acquiring Jaiprakash Associates Ltd.'s power assets, including a 180 MW plant for 4,194 Cr.

ESG efforts continue with 93% ash utilization and low specific water consumption, earning "India's Most Valued Energy Brand" recognition. **Key Financial Metrics:** For the quarter, revenue hit 17,936 Cr, and profit after tax reached 4,867 Cr.

Net Debt stands at 47,643 Cr, with a Net Debt to Continuing EBITDA (TTM) of 2.12x. **Management Commentary / Outlook:** Management highlighted India's surging power demand, with peak demand crossing 270 GW.

The company is positioned to meet this growth with derisked execution, leveraging brownfield projects and advance equipment ordering.