Adani Green Energy Q2 Results: Net profit rises 25% to Rs 644 crore

Adani Green Energy

Adani Green Energy on October 28 reported a net profit of Rs 644 crore for the second quarter of the financial year 2026. This marks a 25 percent year-on-year (YoY) rise from the Rs 515 crore net profit reported in the corresponding quarter of the previous financial year.

The firm’s revenue from operations meanwhile was reported at Rs 3,008 crore in Q2 FY26, marking only a marginal rise from the Rs 3,005 reported in Q2 FY25.

The company's Q2 total revenue from power supply rose 20  percent to Rs 2,776 crore during the quarter from Rs 2,308 crore in the same period a year ago. Meanwhile, total income in the quarter fell 4 per cent to Rs 3,249 crore. Quarterly cash profit surged 8 per cent to Rs 1,349 crore.

"Having already added 2.4 GW RE capacity in H1 FY26, we're on a firm path to 5 GW capacity addition in FY26 and reaching our targeted capacity of 50 GW by 2030," said Ashish Khanna, Chief Executive Officer, Adani Green.

The company's operational capacity stands at 16.7 giga watt (GW), as of September 30, rising 49 per cent YOY.

AGEL added 2,437 MW greenfield capacity in H1 FY26, which is 74% of capacity additionn in entire FY25. The greenfield additions over the last one year were 5,496 MW which
included 4,200 MW of solar capacity (2,900 MW in Khavda, Gujarat, 1,050 MW in  Rajasthan and 250 MW in Andhra Pradesh); 491 MW wind capacity in Khavda and 805 MW
of solar-wind hybrid capacity in Khavda, the company said.