Adani Green Energy Ltd (AGEL), India's largest renewable energy company, has delivered a stellar performance for the quarter ending June 30, 2025, setting a new benchmark for growth in the Indian renewable sector. The company reported a massive 60% year-on-year (YoY) surge in profit attributable to shareholders to ₹713 crore. This outstanding result was powered by an aggressive expansion of its operational capacity, leading to a significant jump in energy sales and revenue, and reinforcing its leadership position in the industry.
Table of Contents:
- Key Financial Highlights
- In-Depth Performance Analysis
- Operational Excellence: The Engine of Growth
- Share Price Reaction: Bullish Momentum
- Management Commentary & Future Outlook
- Frequently Asked questions (FAQs)
AGEL's first-quarter results for fiscal year 2026 showcase robust growth across the board, underscoring its strong execution capabilities.
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Profit Attributable to Shareholders: Skyrocketed by 60% YoY to ₹713 crore, compared to ₹446 crore in the same quarter last year.
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Consolidated Net Profit: Increased by 31% YoY to ₹824 crore.
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Revenue from Power Supply: Jumped 31% YoY to ₹3,312 crore, driven by new capacity additions.
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EBITDA from Power Supply: Grew by 31% YoY to ₹3,108 crore, maintaining an industry-leading EBITDA margin of 92.8%.
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Cash Profit: Showed a healthy increase of 25% YoY to ₹1,744 crore.
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Total Income: Rose 29% YoY to ₹4,006 crore for the quarter.
Profitability Fueled by Scale
The primary driver behind the impressive 60% surge in net profit is the company's aggressive and successful capacity expansion. Over the past year, AGEL added an unprecedented 4.9 GW of greenfield renewable energy capacity, a scale of execution that has directly translated into higher earnings. The strong financial performance is also attributed to the deployment of advanced renewable energy technologies and superior operational performance at its power plants, particularly at the massive Khavda park in Gujarat.
Revenue and Energy Sales Growth
The 31% growth in revenue was underpinned by a massive 42% YoY increase in energy sales, which reached 10,479 million units. To put this in perspective, the energy sold in this single quarter surpassed the total annual sales AGEL recorded in the entire fiscal year of 2022. This highlights the exponential growth in the company's operational scale.
AGEL's financial success is built on a foundation of operational efficiency and rapid expansion. The company's total operational capacity now stands at 15.8 GW, a 45% increase from the previous year.
| Operational Metric |
Q1 FY26 Performance |
| Total Operational Capacity |
15,816 MW |
| - Solar |
11,156 MW |
| - Wind |
2,674 MW |
| - Hybrid |
1,986 MW |
| Capacity Added in Last Year |
4,900 MW |
| Energy Sales |
10,479 million units |
| Solar CUF |
28.0% |
| Wind CUF |
42.3% |
| Hybrid CUF |
43.9% |
The company has consistently maintained high plant availability, with 99.3% for solar and 95.5% for wind projects, ensuring maximum power generation and revenue.
The market responded positively to AGEL's strong Q1 results. On July 28, 2025, the day of the announcement, Adani Green's shares surged by over 3% to close at ₹1,009 on the National Stock Exchange. This upward momentum reflects strong investor confidence, with analysts viewing the impressive earnings as a fundamental trigger for a potential bullish breakout.
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The company's leadership expressed confidence in its strategy and future growth. Ashish Khanna, CEO of Adani Green Energy, stated, "During Q1 FY26, we added 1.6 GW of greenfield renewable energy capacity, bringing our total increase to 4.9 GW over the past year - an achievement unmatched in India’s transition toward clean energy".
He further added that the company is firmly on track to achieve its ambitious target of 50 GW of renewable energy capacity by 2030, which will also include hydro pumped storage and battery storage solutions.
1. What was Adani Green's profit in Q1 FY26?
Adani Green's profit attributable to shareholders surged by 60% YoY to ₹713 crore, while its consolidated net profit grew by 31% YoY to ₹824 crore.
2. What drove Adani Green's revenue growth?
The revenue from power supply grew by 31% to ₹3,312 crore, primarily driven by a 42% increase in energy sales resulting from the addition of 4.9 GW of new operational capacity over the past year.
3. What were the key operational highlights for Adani Green this quarter?
Key highlights include increasing total operational capacity by 45% YoY to 15.8 GW, achieving a high EBITDA margin of 92.8%, and maintaining excellent plant availability and capacity utilization factors across its portfolio.
4. How did the stock market react to Adani Green's results?
The market reacted positively, with Adani Green's shares climbing over 3% on the day the strong quarterly results were announced, reflecting investor optimism about the company's performance and growth trajectory.