Adani Group stocks rally up to 4%; check how companies fared in Q1 FY26

Shares of Adani Group firms were trading with gains on Tuesday, July 29, following June quarter earnings and business updates.

Among the rest of the group firms, Adani Power surged the most. Shares of the firm were trading at ₹590.95 apiece, jumping over 3.56% after the company said its board of directors will consider a stock split of its existing equity shares of the face value of ₹10 each.

The company's board of directors will hold a meeting on Friday, August 1, 2025, to, inter alia, consider the proposal for "alteration in the share capital of the company by way of sub-division or split of the existing equity shares of the face value ₹10 each, fully paid-up, in such a manner as may be determined by the board."

The company is also set to disclose its June FY26 quarter results on August 1.

Adani Green Energy (AGEL) shares also surged on Tuesday—a day after the firm declared its June quarter earnings.

AGEL’s consolidated net profit grew 60% to ₹713 crore for the April to June quarter of financial year 2025-26 as compared to ₹446 crore in the same period of the previous fiscal year. The 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. Margin, however, contracted to 81% as compared to 86.6% YoY.

Last seen, the stock was trading at ₹1,014.20 per share, rising 1.03% on NSE.

The Adani group company posted a consolidated net profit of ₹165 crore for the quarter ended June 30 on Monday as compared to ₹172 crore in the same quarter of the previous fiscal year, clocking an increase of 4%.

The company’s revenue from operations also grew 21% year-on-year (YoY) to ₹1,498 crore as compared to ₹1,239 crore in the corresponding quarter of the previous fiscal year.

Its operating profit, or earnings before interest, taxes, depreciation, and amortisation (EBITDA), at the end of the quarter was at ₹294 crore as against ₹296 crore in Q1 FY25, marking a fall of 0.71%.

The margin, however, contracted to 19.6% in Q1 FY26 as compared to 23.89% YoY.

On Tuesday, Adani Total Gas’ shares were trading higher by 0.30% at ₹627.55 on NSE.

Shares of Adani Energy Solutions were also trading 0.67% higher at ₹821.40 apiece as its group stocks remained buoyant on Tuesday.

Last week, Adani Energy Solutions had reported a net profit of ₹539 crore for Q1 FY26, turning profitable after posting a net loss of ₹1,191 crore in the year-ago period.

The company's revenue from operations during the reporting quarter jumped 26.8% year-on-year (YoY) to ₹6,819 crore as compared to ₹5,379 crore reported in the first quarter of FY25.

Its EBITDA in the June quarter climbed 3% YoY to ₹2,315 crore from ₹2,244 crore in Q1 FY25. Margin stood at 33.9% in Q1 FY26 against 41.7% in the previous year.

The stock jumped 1.13% to ₹2,550.7 apiece on NSE amid broad-based optimism regarding the group. Adani Enterprises is expected to announce its June quarter earnings on July 31.

“…the Board of Directors of the Company will be held on Thursday, 31st July 2025 inter alia to consider and approve the Unaudited Financial Results of the Company for the quarter ended 30th June 2025,” the company had informed the stock exchanges.

Adani Ports shares were also trading higher by 1.31% at ₹1,394 apiece on Tuesday, while Ambuja Cement shares were down 0.34% at ₹609 apiece on NSE.