Adani Green Energy Q1 Result: Net profit jumps 60%; revenue increases on robust greenfield capacity addition

The Adani group firm’s total income increased 29% year-on-year (YoY) to ₹4,006 crore in Q1 FY26 in contrast to ₹3,112 crore in the corresponding quarter of the previous financial year.

Its earnings before interest, taxes, depreciation, and amortisation (EBITDA) came in at ₹3,248 crore for the quarter under review as against ₹2,697 crore in Q1 FY25.

“Strong revenue, EBITDA, and cash profit growth are primarily backed by robust greenfield capacity addition of 4.9 GW, deployment of advanced RE technologies, superior plant performance, and deployment of new capacities in resource-rich sites in Khavda, Gujarat, and Rajasthan,” Adani Green said in a statement.

Margin, however, contracted to 81% as compared to 86.6% YoY.

The company’s energy sales increased 42% YoY to 10,479 million units, with this quarter itself exceeding annual energy sales of FY22.

Adani Green has expanded its operational capacity during the quarter by 45% YoY to 15.8 GW, “putting us on track to achieve the 50 GW target,” the firm said.

The company’s energy sales increased by 42% YoY, propelled by the robust capacity additions and strong operational performance.

AGEL has consistently expanded its greenfield capacities backed by advanced resource planning, engineering, and supply chain management, with project management, execution, and assurance from our partners, Adani Infra India Ltd (AIIL).

“During Q1 FY26, we added 1.6 GW of greenfield renewable energy capacity, bringing our total increase to 4.9 GW over the past year—an achievement unmatched in India’s transition toward clean energy. Our investments in the massive RE development at Khavda in Gujarat, as well as other resource-rich sites, are delivering results both in terms of superior operational performance and industry-best EBITDA margins,” said Ashish Khanna, CEO of Adani Green Energy.

“We are on track to achieve our 2030 target of 50 GW RE capacity with at least 5 GW of hydro pumped storage along with battery storage. Further, battery storage is also a key part of our future strategy,” Khanna further added.

Shares of Adani Green on Monday closed at ₹1,009 apiece, surging 3.39% on the National Stock Exchange.

Adani Green has expanded its operational capacity during the quarter by 45% YoY to 15.8 GW, “putting us on track to achieve the 50 GW target,” the firm said.

The company’s energy sales increased by 42% YoY, propelled by the robust capacity additions and strong operational performance.

The power generation firm’s cash profit also increased 25% YoY to ₹1,744 crore during Q1 FY26. Its revenue from power supply grew 31% YoY to ₹3,312 crore.

The company said that it has consistently generated electricity exceeding the overall annual commitment under the power purchase agreements (PPA). In Q1 FY26, AGEL’s PPA-based electricity generation was 31% of the annual commitment.