Adani Green Q2 FY26 Earnings Results

Adani Green Energy Limited, incorporated in 2015, is a leading renewable power company operating through multiple subsidiaries focused on green energy generation and related activities.

Financial Results:

• Revenues for Q2 FY26 were largely flat at ₹3,008 crore, up 0.1% from ₹3,005 crore in the same quarter last year.
• Total expenses marginally increased by 0.6% to ₹2,874 crore from ₹2,857 crore.
• Consolidated net profit surged 25.05% to ₹644 crore from ₹515 crore, supported by improved operational performance.
• Earnings per share (EPS) more than doubled to ₹3.59 from ₹1.74, reflecting margin expansion.

Key Performance Drivers:

• Operational renewable energy capacity increased 49% year on year to 16.7 GW.
• Greenfield capacity additions of 5.5 GW in resource-rich sites like Khavda (Gujarat) and Rajasthan fueled top-line growth.
• EBITDA rose approximately 19%, with margins expanding significantly driven by scale, advanced technology deployment, and efficient plant operations.
• Strong energy sales growth by 39% year on year contributed to robust cash flows and profitability.

Outlook:

Adani Green Energy is on track to add 5 GW capacity in FY26 and aims to reach 50 GW by 2030, underpinning sustained earnings momentum. The company’s focus on innovation, digitalization, and ESG-linked growth is expected to solidify its leadership position in India’s renewable energy sector.

The Q2 FY26 results reflect a healthy blend of volume growth and margin improvement delivering strong profit growth despite stable revenue. This demonstrates operational excellence and rapid capacity scaling fueling Adani Green Energy’s robust financial trajectory. ​

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