Adani Green's Q1 profit surges 60% to ₹713cr
What's the story
Adani Green Energy, an Adani Group company, has reported a strong 60% year-on-year (YoY) growth in its consolidated net profit for the first quarter of FY26. The company's net profit stood at ₹713 crore, up from ₹446 crore in the same period last year. The impressive growth is mainly due to a 31% increase in revenue from power supply, which rose to ₹3,312 crore in Q1 FY26 from ₹2,528 crore during the same period last fiscal.
Financial performance
Total income rises to ₹4,006 crore
Adani Green's total income for the quarter also witnessed a major jump, standing at ₹4,006 crore. This is a 29% increase from ₹3,112 crore in the same quarter of the previous fiscal year. The company also earned ₹429 crore from the sale of goods/equipment and related services. On the operational front, its renewable energy (RE) capacity grew by 45% YoY to 15.8GW during this period.
Strategic growth
Adani Green is transforming India's clean energy landscape: CEO
Adani Green's CEO Ashish Khanna emphasized the company's remarkable achievement in India's transition to clean energy. He said, "Adani Green Energy added 1.6GW of greenfield renewable energy capacity in Q1 FY26, taking the total addition to 4.9GW over the past year." He also noted that investments at Khavda in Gujarat and other resource-rich sites are yielding results with superior operational performance and industry-best EBITDA margins.
Future plans
Company aims to reach 50GW RE capacity by 2030
Khanna also said that the company is well on its way to meet its 2030 target of 50GW RE capacity, including at least 5GW of hydro pumped storage and battery storage. "Battery storage is also a key part of our future strategy," he added. Following the announcement of its Q1 earnings, shares of Adani Green jumped nearly 4% to hit a day's high of ₹1,013.60 on the National Stock Exchange (NSE).