
Adani Green Energy Q1 Results: Net rofit jumps 31% YoY to Rs 824 crore; revenue grows 29%
Key Highlights from Q1 FY26: Revenue Surge: Total revenue grew by 31% year-on-year (YoY) to ₹3,312 crore, led by a robust expansion in power supply operations.
Total revenue grew by 31% year-on-year (YoY) to ₹3,312 crore, led by a robust expansion in power supply operations. Energy Sales: Energy sales rose 42% YoY to 10,479 million units, exceeding even the full-year FY22 energy sales figure.
Energy sales rose 42% YoY to 10,479 million units, exceeding even the full-year FY22 energy sales figure. EBITDA Margin: EBITDA from power supply increased 31% YoY to ₹3,108 crore, with an industry-leading margin of 92.8%.
EBITDA from power supply increased 31% YoY to ₹3,108 crore, with an industry-leading margin of 92.8%. Cash Profit: Rose 25% YoY to ₹1,744 crore, reflecting enhanced operational efficiency and capacity utilisation.
Rose 25% YoY to ₹1,744 crore, reflecting enhanced operational efficiency and capacity utilisation. Capacity Addition: AGEL added 1.6 GW in Q1 FY26, taking its operational capacity to 15.8 GW — up 45% YoY — reinforcing its position as India's largest renewable energy player.
AGEL added 1.6 GW in Q1 FY26, taking its operational capacity to 15.8 GW — up 45% YoY — reinforcing its position as India's largest renewable energy player. World's Largest RE Plant Underway: At Khavda, Gujarat, AGEL is developing a 30 GW renewable energy complex, 5x the size of Paris. As of June 2025, 5.6 GW of solar, wind, and hybrid capacity is already operational at the site.
Management Commentary:
Ashish Khanna, CEO of AGEL, attributed the performance to successful greenfield additions, improved O&M efficiency powered by advanced analytics and AI, and deployment of cutting-edge technologies such as robotic cleaning and bifacial solar modules. He reaffirmed the company's goal of achieving 50 GW RE capacity by 2030, including 5 GW of hydro and battery storage.
On Track with ESG Leadership:
AGEL was ranked No. 1 globally in the FTSE Russell ESG score for the Alternative Electricity subsector. It also secured recognition at the Reuters Global Energy Transition Awards 2025 and scored highest in ESG ratings by NSE and Crisil within the Indian power sector.
Conclusion:
Adani Green Energy continues to strengthen its leadership in India's renewable energy transition with consistent execution, scale, and efficiency. With its eye set on a 50 GW target and backed by record capacity additions, AGEL is well-positioned to maintain momentum in upcoming quarters.
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Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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