Strategic Capacity Expansion Propels Adani Green’s Q2 FY26 Earnings, Reinforcing Leadership in India’s Renewable Energy Transition

Adani Green Energy Ltd (AGEL) announced a revenue of INR 2,776 crore from power supply in the second quarter of FY 2026, marking a 20% year-on-year increase from INR 2,308 crore reported in Q2 FY25. The company’s net profit rose 25% YoY to INR 644 crore.

EBITDA from power supply grew 19% to INR 2,543 crore, maintaining an industry-leading margin of 90.5%. Cash profit for the quarter stood at INR 1,349 crore, an 8% increase compared to the same period last year.

The company attributed its robust financial performance to substantial renewable capacity additions and efficient operations. AGEL highlighted that its strong EBITDA margins were supported by best-in-class operations and maintenance (O&M) practices through its Energy Network Operations Centre (ENOC), which enabled higher electricity generation at lower costs.

As of September 30, 2026, the company’s total operational renewable energy capacity reached 16.7 GW, including 11.6 GW of solar, 2.1 GW of wind, and 3 GW of hybrid assets.

Commenting on the company’s growth trajectory, Ashish Khanna, CEO of Adani Green Energy, said that AGEL has already added 2.4 GW of renewable energy capacity in the first half of FY26 and remains on track to achieve 5 GW capacity addition for the fiscal year. He further reiterated the company’s goal to reach 50 GW of renewable capacity by 2030, driven by the ongoing development of its 30 GW renewable energy project at Khavda in Gujarat.