Adani Green Energy Ltd (AGEL), India's largest renewable energy company, has announced strong financial results for the half year ended September 30, 2025, demonstrating significant growth in operational capacity and financial performance.

Key Financial Highlights

• Revenue from power supply increased by 26% year-over-year to ₹6,088.00 crore in H1 FY26
• EBITDA from power supply grew 25% YoY to ₹5,651.00 crore, surpassing the annual EBITDA for FY23
• Cash profit rose 17% YoY to ₹3,094.00 crore
• Industry-leading EBITDA margin of 91.8% maintained

Operational Performance

AGEL's operational renewable energy capacity expanded by a robust 49% YoY to 16.7 GW, reinforcing its position as India's largest renewable energy company. The company added 2,437 MW of greenfield capacity in H1 FY26, representing 74% of the capacity addition achieved in the entire FY25.

Energy sales volume increased by 39% YoY to 19,569 million units in H1 FY26, equivalent to the annual electricity consumption of Croatia.

World's Largest Renewable Energy Project

AGEL is making steady progress in developing the world's largest renewable energy plant at Khavda, Gujarat. The project, spread over 538 sq km, aims to achieve a capacity of 30 GW by 2029. Currently, the operational portfolio at Khavda stands at 7.1 GW of solar, wind, and hybrid capacity.

ESG Leadership

The company's commitment to sustainable growth and ESG practices has been recognized:

• Ranked 1st in India and 7th globally in the renewable energy sector by Sustainalytics' ESG assessment
• Honored as 'Energy Transition Company' and 'Energy Company of the Year – Renewables' at the ET Energy Leadership Awards 2025

Management Commentary

Ashish Khanna, CEO of Adani Green Energy, stated, "Having already added 2.4 GW RE capacity in H1 FY26, we're on a firm path to 5 GW capacity addition in FY26 and reaching our targeted capacity of 50 GW by 2030. We're consistently adopting innovative renewable technologies and digitalizing ever more aspects of our business to boost operational efficiency, project execution and safety."

Future Outlook

With its ambitious expansion plans and focus on technological innovation, AGEL is well-positioned to capitalize on the growing demand for clean energy in India and maintain its leadership in the renewable energy sector.

As the company continues to scale its operations and improve efficiency, investors and industry observers will be watching closely to see if AGEL can maintain its growth trajectory and meet its long-term capacity targets.

Adani Green Energy Limited (AGEL), India's largest renewable energy company, has reported strong financial and operational performance for the first half of fiscal year 2026 (H1 FY26), demonstrating significant growth across key metrics.

Financial Highlights

AGEL's financial results for H1 FY26 show substantial year-on-year improvements:

The company's EBITDA for H1 FY26 has already surpassed the annual EBITDA for FY23, highlighting the rapid growth trajectory.

Operational Performance

AGEL's operational achievements in H1 FY26 underscore its position as a leader in India's renewable energy sector:

• Energy Sales: Increased by 39% year-on-year to 19,569 million units
• Operational Capacity: Grew by 49% year-on-year to 16.7 GW
• Greenfield Capacity Addition: 2,437 MW added in H1 FY26, representing 74% of the capacity added in the entire FY25

Khavda Project Progress

AGEL is making steady progress on its ambitious 30 GW renewable energy plant at Khavda, Gujarat:

• Current operational capacity at Khavda: 7.1 GW
• Project area: 538 sq km (approximately 5 times the size of Paris)
• On track to achieve 30 GW capacity by 2029

ESG Recognition

AGEL's commitment to environmental, social, and governance (ESG) practices has earned it notable recognition:

• Ranked 1st in India and 7th globally in the renewable energy sector by Sustainalytics' ESG assessment
• Honored at the ET Energy Leadership Awards 2025 as 'Energy Transition Company' and 'Energy Company of the year – Renewables'
• Received the 'Best Wind Project' award from MNRE at the Mercom Renewables Summit 2025 for its Khavda project

Management Commentary

Ashish Khanna, CEO of Adani Green Energy, stated, "Having already added 2.4 GW RE capacity in H1 FY26, we're on a firm path to 5 GW capacity addition in FY26 and reaching our targeted capacity of 50 GW by 2030. With relentless efforts by our team, we are making steady progress in our largest ongoing development of 30 GW RE plant at Khavda in Gujarat."

Adani Green Energy's performance in H1 FY26 demonstrates its continued leadership in India's renewable energy sector, with significant growth in operational capacity, energy sales, and financial metrics. The company's focus on advanced technologies and large-scale projects, particularly the Khavda plant, positions it well for future growth in line with India's clean energy transition goals.