Analysts/Institutional Investor Meet/Con. Call Updates

AI summary - Q2 FY27 power sales grew 11.5% to 26.4 billion units; PLF improved to 70% - Continuing revenue rose 28.5% to INR17,528 Cr; continuing EBITDA up 18% to INR6,321 Cr - Reported PAT surged 142% to INR7,019 Cr; H1 FY27 PAT nearly INR12,000 Cr (+91%) - Credit rating upgraded to AA+; secured 25-year 1,320 MW PPA for Korba 2 project - First 660 MW unit at Korba Phase-II synchronized; commissioning expected Q3 FY27 - Expanding hydro portfolio with 770 MW JV project in Bhutan; 62% of 24 GW thermal pipeline tied up - Fuel costs rose 42% due to higher imported coal prices; tariffs have pass-through mechanisms - Net debt stable at INR45,846 Cr; capex funded mainly from internal accruals - Multiple analyst queries on tariff pass-through, capacity additions, and coal cost impact - Management expects normal PLF of 65% going forward; strong power demand outlook for FY28