# Power utilities post 12% Q1 profit growth, BHEL turns around 2026-08-17T09:18:07+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet (2 source reports) India’s power utilities delivered a 12 per cent earnings expansion in the first quarter of FY27, driven by robust electricity demand and a favourable base, according to a sector review by JM Financial. Adani Power posted a 28 per cent rise in net sales to Rs 17,515.6 crore and raised its long-term capacity target from 42 GW to 45 GW. NTPC recorded net sales of Rs 50,741 crore, up 8 per cent year-on-year, and plans to scale up annual capex to Rs 1.4 lakh crore to meet its 2032 target of 150 GW. Tata Power reported a 6 per cent increase in net sales to Rs 19,051.3 crore. BHEL turned profitable after eight years with net sales of Rs 7,697.7 crore, up 40 per cent year-on-year, and an order book of Rs 2.6 lakh crore. Suzlon Energy posted net sales of Rs 3,829.1 crore, up 22 per cent year-on-year, though margins narrowed to 16 per cent from 19 per cent a year ago. Separately, seven energy-sector companies recorded over 100 per cent profit growth in Q1 FY27, according to exchange filings. Chennai Petroleum Corporation reversed a net loss of Rs 40.10 crore to post a net profit of Rs 1,031.35 crore. Mangalore Refinery and Petrochemicals reported a net profit of Rs 945.68 crore, reversing a net loss of Rs 270.66 crore. BHEL swung to a net profit of Rs 376.71 crore from a net loss of Rs 455.50 crore. Gandhar Oil Refinery saw net profit surge 633 per cent to Rs 192.29 crore. Great Eastern Shipping Company posted a 159 per cent rise in net profit to Rs 1,308.84 crore. Hitachi Energy India recorded a 123 per cent rise in net profit to Rs 294.15 crore. Emmvee Photovoltaic Power reported a 102.63 per cent jump in net profit to Rs 380.29 crore. ## Coverage - energy.economictimes.indiatimes.com - energy.economictimes.indiatimes.com (2) This story was synthesised by AI from the 2 sources linked above. Updated: this story now draws on 2 sources. Last updated 2026-08-17T15:16:02+00:00. Tags: Adani Power, BHEL, JM Financial, NTPC, Suzlon Energy, Tata Power Canonical: https://indianopinion.org/indian-power-utilities-post-12-earnings-growth-in-q1-fy27/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/indian-power-utilities-post-12-earnings-growth-in-q1-fy27/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/