Adani Green Q1 Results: Profit jumps 19% YoY to Rs 845 crore; revenue up 16%

Adani Green on Wednesday reported a 19% year-on-year (YoY) growth in its consolidated net profit at Rs 845 crore in the first quarter. The same stood at Rs 713 crore in the last year quarter. Revenue from operations in the reporting period increased 16% YoY to Rs 4,663 crore.

Revenue from power supply rose 29% YoY to Rs 4,280 crore from Rs 3,312 crore.

Adani Green said its performance was driven by capacity expansion and strong operating performance. The company's operational capacity rose 27% YoY to 20,142 MW as of June 2026, compared with 15,816 MW a year earlier and 19,294 MW at the end of March 2026.


Energy sales rose 30% YoY to 13,657 million units in Q1FY27, helped by fresh greenfield capacity additions and higher generation. The company added 848 MW of capacity during the quarter and 4,327 MW on a YoY basis.

Adani Green's EBITDA from power supply rose 33% YoY to Rs 4,122 crore from Rs 3,108 crore. The EBITDA margin stood at 94%, compared with 93% a year earlier and 91% in the March quarter.

Cash profit rose 28% to Rs 2,225 crore from Rs 1,744 crore in Q1FY26. Sequentially, cash profit increased 49% from Rs 1,494 crore in the March quarter.

Finance cost rose to Rs 2,001 crore from Rs 1,525 crore a year earlier, while depreciation and amortisation expense increased to Rs 1,026 crore from Rs 767 crore. Other expenses stood at Rs 389 crore, compared with Rs 304 crore in the same quarter last year.

The company reported an exceptional expense of Rs 2 crore during the quarter, compared with Rs 17 crore in Q1FY26. Tax charge stood at Rs 263 crore, compared with Rs 232 crore a year earlier.

Adani Green also expanded its battery storage capacity during the quarter. The company commissioned 1,972 MWh of battery energy storage system capacity at Khavda in Gujarat, taking total installed BESS capacity to 3,551 MWh.

The company said the Khavda deployment is one of the world’s largest single-location battery storage deployments. It is targeting more than 10,000 MWh of BESS capacity by FY27 and 50,000 MWh by 2030.

CEO Ashish Khanna said the company began FY27 with strong momentum and crossed the 20 GW operational capacity milestone. "As renewable penetration rises and power demand continues to grow, storage will play a critical role in ensuring round-the-clock reliability and grid stability," he said.

Adani Green said it is progressing on the development of its 30 GW renewable energy plant at Khavda in Gujarat. The project is spread across 538 sq km, which the company said is almost five times the size of Paris.

Operational capacity at Khavda rose to 10.3 GW from 5.6 GW a year earlier. The portfolio at Khavda includes solar, wind and hybrid capacity. The company said it remains on track to achieve 30 GW renewable energy capacity at the site by 2029.

On a YoY basis, Adani Green added 3,051 MW of solar capacity, including 2,662 MW in Khavda and 389 MW in Rajasthan. It also added 684 MW of wind capacity and 592 MW of solar-wind hybrid capacity at Khavda.

The renewable power generation and related activities segment reported revenue from operations of Rs 4,394 crore, compared with Rs 3,376 crore a year earlier. Segment profit before tax rose to Rs 1,182 crore from Rs 932 crore.

Also read: Adani Power Q1 Results: Profit jumps 42% YoY to Rs 4,806 cr; co approves Rs 15,000 cr fundraise

The sale of goods, equipment and related services segment reported revenue of Rs 341 crore, down from Rs 818 crore a year earlier. Segment profit before tax fell to Rs 77 crore from Rs 147 crore.

Adani Green said it is on track to add 5 GW of greenfield renewable capacity and more than 10,000 MWh of battery storage capacity by FY27. The company is targeting 50 GW of renewable energy capacity by 2030, along with 5 GW/30 GWh of pumped storage and 50 GWh of battery storage.

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