Jaiprakash Power Ventures delivered a strong Q1 FY27 turnaround. Consolidated revenue increased 12.16% YoY to ₹1,775.7 crore, while PAT jumped 68.57% to ₹468.84 crore, compared with ₹278.13 crore in Q1 FY26. The improvement was mainly driven by stronger performance from the power-generation business. A major positive development is Adani Power's acquisition of a 24% stake in Jaiprakash Power Ventures as part of the resolution plan for Jaiprakash Associates. Adani acquired the stake along with other power assets, which could provide a stronger strategic backing and potentially improve operational efficiency and asset utilisation over time. However, the Q1 numbers need some caution. The company recorded an exceptional charge of ₹193.63 crore related to the surrender of the Amelia (North) and Bandha North coal mines. Also, operating profit declined around 6% YoY to ₹565 crore, despite the strong PAT growth, meaning the headline profit growth was not entirely from core operating improvement

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