Adani Green Energy Ltd reported a 42 per cent year-on-year increase in energy sales to 10,479 million units for Q1 FY26, with revenue rising 31 per cent to ₹3,312 crores. The stock traded at ₹1,012.70 on Tuesday, up 0.88 per cent from the previous close of ₹1,003.90.
The renewable energy company’s EBITDA grew 31 per cent to ₹3,108 crores, maintaining an industry-leading margin of 92.8 per cent. Cash profit surged 25 per cent to ₹1,744 crores during the quarter ended June 30, 2025. The strong performance was driven by the addition of 1.6 GW of greenfield renewable capacity during the quarter.
Adani Green’s operational renewable energy capacity expanded 45 per cent year-on-year to 15.8 GW, reinforcing its position as India’s largest renewable energy company. The company added 4.9 GW of capacity over the past year, including significant additions at its Khavda project in Gujarat.
CEO Ashish Khanna highlighted the company’s progress toward its 2030 target of 50 GW renewable energy capacity. The Khavda project, spread over 538 square kilometers, currently has 5.6 GW operational capacity with plans to reach 30 GW by 2029.
Macquarie maintained its outperform rating on the stock with a target price of ₹1,200. The company also achieved the top FTSE Russell ESG score in the Alternative Electricity subsector globally, underlining its commitment to sustainable energy transition.
Published on July 29, 2025
