Adani Green Energy Ltd (AGEL) has announced its financial results for the second quarter of FY 2026, reporting a revenue of INR 2,776 crore from power supply. This represents a 20% year-on-year increase from the INR 2,308 crore reported in Q2 FY25. The company’s net profit also saw a significant rise, increasing by 25% to INR 644 crore.
The company’s EBITDA from power supply grew by 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. AGEL attributed its robust financial performance to substantial renewable capacity additions and efficient operations.
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. The company’s strong EBITDA margins were supported by best-in-class operations and maintenance practices through its Energy Network Operations Centre (ENOC), which enabled higher electricity generation at lower costs.
According to Ashish Khanna, CEO of Adani Green Energy, the company 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. The company is committed to reaching 50 GW of renewable capacity by 2030, driven by the ongoing development of its 30 GW renewable energy project at Khavda in Gujarat.
AGEL’s financial performance is a testament to its focus on renewable energy and its commitment to reducing carbon emissions. The company’s growth trajectory is expected to continue, driven by its strong operational performance and its ambitious plans for capacity additions. With its industry-leading margins and efficient operations, AGEL is well-positioned to achieve its goals and become a leader in the renewable energy sector. Overall, the company’s financial results for Q2 FY26 are positive, and its future prospects look promising.