Adani Green Energy Reports 25% Profit Growth in Q2 FY26 Driven by Power Supply Revenue

Adani Green Energy, the renewable energy arm of Adani Group, reported a consolidated Profit After Tax (PAT) of ₹644 crore for Q2 FY2025-26, a 25% year-on-year growth. This was driven by a 20% increase in power supply revenues, despite an overall income dip of over 4% to ₹3,249 crore. The company cited robust greenfield capacity additions (5.5 GW), advanced technologies, strong plant performance, and commissioning of new capacities in Khavda, Gujarat, and Rajasthan. CEO Ashish Khanna stated the company is on track to add 5 GW in FY26 and targets 50 GW by 2030. Operational capacity reached 16.7 GW in H1 FY26, India's largest. Greenfield additions in H1 FY26 were 2,437 MW, which is 74% of the entire FY25 capacity addition. The total greenfield additions over the past year amounted to 5,496 MW, comprising solar, wind, and solar-wind hybrid capacities. Impact: This news is highly significant for Indian stock market investors in the renewable energy sector. Adani Green Energy's profit growth and capacity expansion indicate strong performance and market leadership, potentially boosting its stock price and attracting sector investment. The progress supports India's renewable energy goals. Impact Rating: 8/10. Difficult Terms: Consolidated Profit After Tax (PAT): Total profit after all expenses, taxes, and interest, including subsidiaries. Year-on-year (YoY): Comparison of metrics over the same period in consecutive years. Gigawatt (GW): Unit for large-scale electricity generation capacity (1 billion watts). Half Year (H1): First six months of the financial year. Renewable Energy (RE): Energy from naturally replenishing sources like solar and wind. Megawatt (MW): Unit for electricity generation capacity (1 million watts).