Jaiprakash Power Ventures (PPOWER) Q1 25/26 earnings summary

Executive summary

• Unaudited standalone and consolidated financial results for the quarter ended 30th June 2025 were reviewed by the Audit Committee and approved by the Board on 30th July 2025.

• The results include a limited review report by statutory auditors, with qualified conclusions regarding certain contingent liabilities and legal matters.

Financial highlights

• Consolidated revenue from operations for Q1 FY26 was ₹158,316 lakhs, up from ₹134,091 lakhs in Q4 FY25 but down from ₹175,470 lakhs in Q1 FY25.

• Net profit after tax for the quarter was ₹27,813 lakhs, compared to ₹15,567 lakhs in Q4 FY25 and ₹34,854 lakhs in Q1 FY25.

• Basic and diluted EPS for the quarter stood at ₹0.31, compared to ₹0.16 in Q4 FY25 and ₹0.40 in Q1 FY25.

Outlook and guidance

• Revenue for key power plants is based on provisional or multi-year tariffs, subject to final assessment and true-up.

• Management expects higher power generation in the first half of the year due to seasonal water availability.