- Energy Sales increase: Up by 42% YoY to 10,479 million units, with this quarter itself exceeding annual energy sales of FY22 (3 years ago)
- Revenue Growth: Increased by 31% YoY to Rs. 3,312 crores
- EBITDA Growth: Increased by 31% YoY to Rs. 3,108 crores
NE BUSINESS BUREAU
AHMEDABAD, JULY 28
Adani Green Energy Ltd (AGEL), India’s largest and fastest-growing pure-play renewable energy (RE) company, has on Monday announced its energy sales surged 42 per cent (year-on-year) in the April-June quarter (Q1 FY26) to 10,479 million units, as operational renewable energy (RE) capacity grew 45 per cent to 15.8 GW which continues to be India’s largest.
While revenue growth increased by 31 per cent (on-year) to Rs 3,312 crore, EBITDA also went up by 31 per cent to Rs 3,108 crore.
According to the Adani Group company, cash profit surged by 25 per cent (on-year) to Rs 1,744 crore in the quarter.
FINANCIAL PERFORMANCE – Q1 FY26:
(Rs. in crore)
| Particulars | Quarterly Performance | ||
| Q1 FY25 | Q1 FY26 | % change | |
| Revenue from Power Supply | 2,528 | 3,312 | 31% |
| EBITDA from Power Supply 1 | 2,374 | 3,108 | 31% |
| EBITDA from Power Supply (%) | 92.6% | 92.8% | |
| Cash Profit 2 | 1,394 | 1,744 | 25% |
Strong revenue, EBITDA and Cash profit growth is primarily backed by robust greenfield capacity addition of 4.9 GW, deployment of advanced RE technologies, superior plant performance and deployment of new capacities in resource rich sites in Khavda, Gujarat and Rajasthan.
Commenting on this, Ashish Khanna, CEO of Adani Green Energy, shared, “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. Our investments in the massive RE development at Khavda in Gujarat as well as other resource-rich sites are delivering results both in terms of superior operational performance and industry-best EBITDA margins. We are on track to achieve our 2030 target of 50 GW RE capacity with at least 5 GW of hydro pumped storage along with battery storage. Further, battery storage is also a key part of our future strategy. We remain committed to supporting national energy transition and security ambitions as well as maintaining our ESG leadership, highlighted by our top rankings in the FTSE Russel ESG assessment and recognition at the Reuters Global Energy Transition Awards 2025.”
AGEL has consistently generated electricity exceeding the overall annual commitment under the power purchase agreements (PPA). In Q1 FY26, AGEL’s PPA-based electricity generation was 31 per cent of the annual commitment.
The company is developing a massive 30 GW renewable energy plant at Khavda in Gujarat. This is spread over an area of 538 sq km, almost 5 times the city of Paris.
