Adani Green Q2 profit rises 25% on higher energy sales, margin expansion

Adani Green Energy Ltd

on Tuesday reported a 25% rise in second-quarter profit, driven by higher energy sales and improved operating efficiency, even as revenue remained largely steady.

Consolidated net profit rose to ₹644 crore for the quarter ended Sept 30, from ₹515 crore a year earlier, the company said in an exchange filing. Revenue from operations was flat at ₹3,008 crore, compared with ₹3,005 crore a year ago.

EBITDA climbed 17.4% to ₹2,603 crore, while margins widened to 86.5% from 73.8% a year earlier, supported by stronger output from hybrid, wind and solar projects.

Energy sales jumped 39% year-on-year to 19,569 million units, driven by higher generation from the company’s renewable assets. Operational capacity expanded 49% to 16.7 GW, keeping the company on track to meet its 50 GW renewable energy target.

In a statement, CEO Ashish Khanna said Adani Green is making “steady progress” on its 30 GW renewable energy project at Khavda in Gujarat, touted as the world’s largest green energy park under development. “We are consistently adopting innovative renewable technologies and digitalizing ever more aspects of our business to boost operational efficiency, project execution and safety,” he said.

Adani Green added 2,437 MW of greenfield capacity in the first half of FY26, which accounts for 74% of the capacity addition achieved in all of FY25. Over the past year, it commissioned 5,496 MW of new capacity, including 4,200 MW of solar, 491 MW of wind, and 805 MW of solar-wind hybrid projects—mostly concentrated in Khavda, Gujarat.

At closing, shares of Adani Green Energy were down 1.2% at ₹1,004.55 on the BSE.