Adani Green Energy
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Adani Green Energy (ADANIGREEN) investor relations material

Adani Green Energy Q2 26/27 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 26/27 earnings summary22 Oct, 2026

Executive summary

  • H1 FY27 operational capacity reached 20,763 MW, up 24% YoY; energy sales rose 32% to 25,747 MU.

  • H1 power-supply revenue increased 36% to ₹8,299 crore and EBITDA rose 41% to ₹7,957 crore; grid curtailment constrained generation.

Financial highlights

  • Q2 power-supply revenue grew 45% YoY to ₹4,019 crore and EBITDA rose 51% to ₹3,835 crore.

  • H1 cash profit increased 35% YoY to ₹4,176 crore; Q2 cash profit rose 45% to ₹1,951 crore.

  • Consolidated revenue from operations was ₹4,258 crore in Q2 and ₹8,689 crore in H1; consolidated profit was ₹747 crore and ₹1,730 crore, respectively.

  • H1 energy sales rose 32% to 25,747 MU, supported by 4,083 MW of greenfield additions.

Outlook and guidance

  • FY27 commissioning target remains 4.5–5 GW, conditional on Phase III evacuation availability by Q4.

  • FY27 BESS capacity is targeted to exceed 10 GWh; the longer-term target is 50 GWh within five years.

  • 2030 plans target 50 GW of renewable capacity, including 5 GW of pumped storage; Khavda development targets 30 GW by 2029.

  • The ₹2.4 lakh crore CapEx program through FY2030 remains on track, with focus on renewables, BESS and pumped storage.

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Frequently asked questions

Adani Green Energy Limited (AGEL) is a renewable energy company based in India, part of the larger Adani Group conglomerate. AGEL is developing, building, and operating renewable power generation projects, with a significant focus on solar and wind energy. The company has a substantial renewable energy portfolio, including a range of solar, wind, and hybrid power projects spread across various states in India. The company is headquartered in Ahmedabad, India, and its shares are listed on the Bombay Stock Exchange.