Adani Green Energy Ltd (AGEL) has kicked off the financial year 2025-26 with impressive numbers. The company’s latest earnings report reveals a massive 42% year-on-year increase in energy sales, hitting 10,479 million units. To put this into perspective, the first quarter alone surpassed the total annual energy sales from just three years ago in 2021-22.
Revenue followed suit, climbing 31% YoY to Rs 3,312 crore. EBITDA mirrored this growth, also rising 31% to Rs 3,108 crore. Cash profit wasn’t far behind, surging 25% to Rs 1,744 crore. These figures highlight AGEL’s strong financial footing and operational efficiency.
What’s driving this growth? The company credits its success to several key factors. A major contributor is the addition of 4.9 GW of greenfield renewable energy capacity over the past year. This includes significant deployments in resource-rich sites like Khavda in Gujarat and Rajasthan. Advanced renewable technologies and superior plant performance have also played pivotal roles.
Ashish Khanna, CEO of Adani Green Energy, shared his insights. “In Q1 FY26, we added 1.6 GW of greenfield capacity, contributing to our total addition of 4.9 GW in the last year. This is a milestone in India’s clean energy transition,” he said. Khanna emphasized the company’s focus on maintaining industry-leading EBITDA margins and operational excellence.
Looking ahead, AGEL has ambitious plans. The company is on track to achieve its 2030 target of 50 GW renewable energy capacity. This includes 5 GW of hydro pumped storage and battery storage solutions, which are central to their future strategy. “We remain committed to supporting India’s energy transition and security,” Khanna added.
AGEL’s efforts haven’t gone unnoticed. The company has earned top rankings in the FTSE Russel ESG assessment and was recognized at the Reuters Global Energy Transition Awards 2025. With an operating renewable portfolio of 15.8 GW across 12 states, AGEL continues to solidify its position as India’s largest renewable energy player.
The numbers speak for themselves. Adani Green isn’t just growing; it’s setting the pace for the entire renewable energy sector in India. With robust expansion plans and a clear focus on sustainability, the company is poised to play a pivotal role in the country’s clean energy future.