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Investor Presentaiton

Consolidated Profit and Loss statement (1/2) adani Power INR Crores Particulars Q2 FY20 Q2 FY19 % Change H1 FY20 H1 FY19 % Change Operating Revenue 5,916 7,104 -17% 13,720 10,857 26% Of which exceptional (38) 1,394 NM 543 1,436 -62% Other Income 900 553 63% 1,109 759 46% Of which 769 348 121% 865 348 149% exceptional Total Revenue 6,815 7,657 -11% 14,830 11,617 28% Fuel cost 3,926 3,987 -2% 8,634 6,101 42% Other Opex 640 864 -26% 1,053 1,421 -26% EBITDA 2,248 2,806 -20% 5,142 4,095 26% Recurring EBITDA 1,517 1,064 43% 3,734 2,311 62% Lower grid demand and lower compensatory tariff resulted in lower operating revenues in Q2 FY20 . Fuel cost reduction in line with generation in Q2FY20 Recurring EBITDA improvement due to higher blended realizations Reported EBITDA dropped due to lower exceptional income recognition 36
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