Adani Green Energy Ltd (NSE: ADANIGREEN), an Indian renewable energy company, reported mixed financial results for Q3 FY26 as revenue and EBITDA rose, but profitability fell sharply.<\/p>\n\n\n\n
Adani Green\u2019s consolidated net profit for the quarter ended Dec. 31, 2025 plunged sharply to \u20b95 crore from \u20b9474 crore in Q3 FY25. The nearly 99% decline in profit was driven by higher operating expenses and increased finance costs.<\/p>\n\n\n\n
Total income for the quarter increased from prior year to approximately \u20b92,837 crore while revenue from power supply rose about 21% to \u20b92,420 crore.<\/p>\n\n\n\n
EBITDA from power supply climbed 23% to \u20b92,269 crore with margins remaining above 90%. Cash profit for the quarter declined about 18% to \u20b9812 crore.<\/p>\n\n\n\n
For the nine months ended Dec. 31, 2025, Adani Green reported continued growth in core operating metrics. Revenue from power supply increased about 25% to \u20b98,508 crore. EBITDA rose 24% to \u20b97,921 crore with an industry-leading margin of roughly 91.5%. Cash profit for the period was up about 7% to \u20b93,906 crore.<\/p>\n\n\n\n
Energy sales for the first nine months of FY26 rose about 37% year-on-year reflecting the impact of new capacity additions and strong generation performance.<\/p>\n\n\n\n
Adani Green\u2019s operational capacity expanded significantly over the period. The company\u2019s renewable energy portfolio reached 17.2 gigawatts (GW), representing roughly 48% year-on-year growth. Greenfield additions during the calendar year 2025 totaled approximately 5.6 GW accounting for a meaningful share of new solar and wind capacity installed in India. <\/p>\n\n\n\n
The expansion was supported by commissioning of new solar and wind projects in resource-rich regions including Gujarat and Rajasthan.<\/p>\n\n\n\n
Analysts and market participants noted that while top-line growth and operational expansion continued, Adani Green faced pressure on its bottom line due to rising finance costs, depreciation, and other expenses.<\/p>\n\n\n\n
Shares of the company were reported to have fallen in trading following the results announcement as investors reacted to the sharp contraction in quarterly earnings.<\/p>\n\n\n\n
Adani Green\u2019s generation performance remained robust with strong plant output supported by advanced solar and wind technologies. The company emphasized its operational track record in exceeding commitments under long-term power purchase agreements.<\/p>\n\n\n\n
The expansion positions Adani Green among the largest renewable energy producers in India, contributing to the country\u2019s ongoing clean energy transition.<\/p>\n\n\n\n
In its results announcement, the company highlighted external recognition of its environmental, social, and governance (ESG) performance. Adani Green was ranked No. 1 globally in the Annual Global Top 100 Green Utilities Rankings by Energy Intelligence and was identified as India\u2019s top sustainability performer in the power sector by NSE Sustainability Ratings.<\/p>\n\n\n\n
The company also cited industry awards for water stewardship and clean energy leadership along with efforts to integrate nature-related financial disclosure frameworks into its operations.<\/p>\n\n\n\n
Management reiterated focus on capacity expansion and operational execution, noting ongoing progress on major projects including large-scale renewable installations and energy storage initiatives.<\/p>\n","protected":false},"excerpt":{"rendered":"
Adani Green Energy Ltd (NSE: ADANIGREEN), an Indian renewable energy company, reported mixed financial results for Q3 FY26 as revenue and EBITDA rose, but profitability fell sharply. Quarterly Financials Adani Green\u2019s consolidated net profit for the quarter ended Dec. 31, 2025 plunged sharply to \u20b95 crore from \u20b9474 crore in Q3 FY25. The nearly 99% […]<\/p>\n","protected":false},"author":2379,"featured_media":125269,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5,1941,5746],"tags":[11585,14552,14666,14668,14646,14667,14619,10461,1168,14661,8976],"class_list":["post-177386","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-stock-analysis","category-energy-stocks","tag-adani","tag-ebitda","tag-esg","tag-generation","tag-margin","tag-operation","tag-outlook","tag-profit","tag-renewable-energy","tag-revenue","tag-solar"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":177820,"url":"https:\/\/alphastreet.com\/india\/adani-green-q3-fy26-earnings-results\/","url_meta":{"origin":177386,"position":0},"title":"Adani Green Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"January 27, 2026","format":false,"excerpt":"Executive Summary Adani Green Energy Ltd reported Q3FY26 revenues of \u20b92,618 crore, up 11.88% YoY, but consolidated net profit plunged 98.95% to \u20b95 crore. Total expenses rose 27.14% YoY to \u20b92,961 crore, overwhelming revenue gains and crushing profitability. Revenue & Growth Revenues increased to \u20b92,618.00 crore in Q3FY26 from \u20b92,340.00\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/AG.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/AG.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/AG.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/AG.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/AG.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/AG.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179500,"url":"https:\/\/alphastreet.com\/india\/adani-enterprises-q3-fy26-earnings-results\/","url_meta":{"origin":177386,"position":1},"title":"Adani Enterprises Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"February 4, 2026","format":false,"excerpt":"Executive Summary Adani Enterprises Ltd reported Q3FY26 revenues of \u20b924,820 crore, up 8.63% YoY, with consolidated net profit exploding 2400.87% to \u20b95,727 crore primarily from one-time exceptional gains. Strategic asset monetization across airports, new energy, and integrated resources drove the dramatic profitability leap despite modest operational growth. Revenue & Growth\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/ADANIE.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/ADANIE.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/ADANIE.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/ADANIE.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/ADANIE.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/ADANIE.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":178386,"url":"https:\/\/alphastreet.com\/india\/adani-power-ltd-q3-fy26-revenue-and-profit-decline-shares-fall-at-close\/","url_meta":{"origin":177386,"position":2},"title":"Adani Power Ltd Q3 FY26 Revenue and Profit Decline; Shares Fall at Close","author":"Staff Correspondent","date":"January 29, 2026","format":false,"excerpt":"Adani Power Ltd (ADANIPOWER.NS), listed on the National Stock Exchange of India and Bombay Stock Exchange, closed lower on Thursday after the company reported quarterly results for the third quarter of fiscal 2025-26. The stock ended the session around \u20b9134.7, down on the day as markets digested the earnings data.\u2026","rel":"","context":"In "LATEST"","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":171914,"url":"https:\/\/alphastreet.com\/india\/adani-green-2-fy26-earnings-results\/","url_meta":{"origin":177386,"position":3},"title":"Adani Green\u00a0Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"October 29, 2025","format":false,"excerpt":"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 \u20b93,008 crore, up 0.1% from \u20b93,005 crore in the same quarter last year. Total expenses\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Q2 FY26","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/ADAN.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/ADAN.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/ADAN.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/ADAN.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/ADAN.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/ADAN.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":140395,"url":"https:\/\/alphastreet.com\/india\/adani-green-energy-ltd-nse-adanigreen-q3-fy23-results-out-total-income-rises-53-yoy\/","url_meta":{"origin":177386,"position":4},"title":"Adani Green Energy Ltd.(NSE: ADANIGREEN)| Q3 FY23 Results Out| Total Income rises 53% yoy","author":"Divyansh_Kasana","date":"February 7, 2023","format":false,"excerpt":"Adani Green Energy Limited (NSE:ADANIGREEN) is a subsidiary of the Adani Group, one of India's largest conglomerates. It is a leading player in the Indian renewable energy sector, with a focus on solar and wind power generation. Adani Green Energy has a significant presence in India, with projects across several\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/5e82f7d8-8dc8-4f0a-af4e-e7661caf9bd4-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/5e82f7d8-8dc8-4f0a-af4e-e7661caf9bd4-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/5e82f7d8-8dc8-4f0a-af4e-e7661caf9bd4-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/5e82f7d8-8dc8-4f0a-af4e-e7661caf9bd4-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/5e82f7d8-8dc8-4f0a-af4e-e7661caf9bd4-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/5e82f7d8-8dc8-4f0a-af4e-e7661caf9bd4-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":178427,"url":"https:\/\/alphastreet.com\/india\/adani-power-q3-fy26-earnings-results\/","url_meta":{"origin":177386,"position":5},"title":"Adani Power Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"January 30, 2026","format":false,"excerpt":"Executive Summary Adani Power Ltd reported Q3FY26 revenues of \u20b912,451 crore, down 8.92% YoY, with consolidated net profit falling 15.37% to \u20b92,488 crore. Total expenses declined 6.74% YoY to \u20b910,049 crore, reflecting softer demand amid revenue contraction. Revenue & Growth Revenues decreased to \u20b912,451.00 crore in Q3FY26 from \u20b913,671.00 crore\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/A-4.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/A-4.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/A-4.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/A-4.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/A-4.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/A-4.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2379"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=177386"}],"version-history":[{"count":2,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177386\/revisions"}],"predecessor-version":[{"id":177388,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177386\/revisions\/177388"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125269"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=177386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=177386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=177386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}