Adani Green Energy Ltd today reported a 16% jump in consolidated net profit to ₹747 crore for the second quarter of the current financial year, compared with ₹644 crore in the corresponding quarter of the previous financial year. This includes ₹82 crore as a share of the profit from the associates and joint venture.
The company reported a 39% jump in total revenues for the period at ₹4520 crore, compared with Rs 3249 crore in the year ago period.
“Adani Green Energy’s energy sales grew 32% YoY to 25.8 billion units resulting into EBITDA growth of 41% in H1 at ₹7,957 crore,” the company said in a release.
“Q2 EBITDA of Rs 3,835 crore registered strong growth of 51% YoY. The company attributed the growth in revenue and EBITDA consistent capacity expansion, deployment of advanced RE technologies and strong operating performance across all our sites.
“As India’s largest renewable energy company, we take pride in driving the sector’s momentum. This is reflected in our strong execution in H1 FY27, with our operational renewable energy portfolio growing 24% year-on-year to 20.8 GW and energy sales increasing 32%, supporting robust operating performance across our solar, wind and hybrid assets,” said Ashish Khanna, CEO, Adani Green Energy.
“Performance during the quarter was equally strong with energy sales increasing 33% year-on-year and revenue from power supply increasing 45% year-on-year to Rs. 4,019 crore while EBITDA from power supply grew 51% YoY,” he said.
“We also achieved a significant milestone in energy storage, expanding our operational BESS capacity at Khavda to 6.63 GWh—the world’s largest single-location battery storage installation. This makes AGEL India’s largest BESS operator, accounting for more than half of the country’s operational capacity. We remain focused on scaling up storage deployment while closely monitoring the availability of transmission infrastructure,” Khanna added.
Operational capacity of 20.8 GW in H1FY27 represents capacity addition growth of 24% YoY further strengthening our leadership position in the sector,” it added.
“The sale of energy increased by 32% YoY to 25,747 million units in H1 backed by robust capacity addition of 4,083 MW, which grew by 24% YoY,” the company said.
“With 3.08 GWh2 of BESS capacity addition in Q2, the cumulative BESS capacity of 6.63 GWh2 accounts for more than 50% of India’s operational BESS capacity,” it added.