Adani Green Q1 FY26: 31% Revenue Growth, 45% Capacity Jump

Adani Green Q1FY26 results are in, signaling a strong start to the fiscal year, marked by rapid capacity expansion, resilient financial performance, and a deepening commitment to clean energy. Let’s dive into what made Q1 2026 a standout for Adani Green.

Key Financials for Adani Green

• Revenue increased to ₹3,312 crore, marking a strong 31% year-on-year growth, driven by capacity expansion and efficient asset utilization.
• Cash Profit reached ₹1,744 crore, reflecting a 25% YoY increase, highlighting robust earnings quality, a strong foundation for value creation for investors.
• The company earned ₹3,108 crore in operating profit this quarter, a strong 31% YoY growth with nearly 93% of every rupee earned from power sales.
• Record 10,479 million units of energy sold in Q1 FY26, marking a 42% YoY growth, not only the company’s highest-ever quarterly sale, but also exceeding its entire FY22 annual output.
  
  These results highlight Adani Green’s strong operational efficiency and growing revenue potential, supported by consistent on-ground execution. 

Adani Green’s growth isn’t just big, it’s Strategic

The company is expanding steadily. As of June 30, 2025, the company’s operational capacity hit an impressive 15,816 MW, marking a ~45% year-on-year jump from 10,934 MW in Q1 FY25.

Here’s the current energy mix backing that growth:

This approach ensures more reliable power generation and reduces the risk associated with relying on a single energy source.

Khavda: Powering India’s Renewable Future

Adani Green’s Khavda Renewable Energy Park in Gujarat stands as the world’s largest single-site renewable energy project. This area spans 538 sq km, nearly five times the size of the city of Paris.

With 5.6 GW already operational and a massive 30 GW target by 2029, Adani Green’s Khavda Renewable Energy Park exemplifies bold execution and unmatched scale.

The project uses advanced technology and is directly connected to India’s central grid through high-capacity 765 kV lines, ensuring smooth and efficient delivery of clean energy across the country.

Key Takeaways for the Investors

The company’s performance this quarter reflects a broader narrative of efficient operations, disciplined execution, and long-term value creation.

• Adani Green’s widespread presence across 12 states, including Gujarat, Rajasthan, Tamil Nadu, and Maharashtra, ensures wide geographic coverage. It acts as a natural buffer against regional and seasonal disruptions, hence strengthening its position as a pan-India renewable energy leader.
• Adani Green Energy avoided 7.6 million tons of CO₂ emissions in Q1 FY26, equivalent to taking 1.66 million cars off the road, underscoring Adani Green’s large-scale environmental impact. 
• Adani Green Energy achieved an improved B+ ESG rating with a score of 71.2 (Medium Risk) in FY26, a significant 3.6-point rise from the previous year.
• Secured growth path to 50,000GW by 2030 with focus on higher returns while maintaining stable cash flows.
• The Khavda project in Gujarat is a significant step forward, not just for Adani Green but for India’s clean energy push. With its massive scale and fast execution, it strengthens AGEL’s position in the global renewable space.

Bottom Line

Adani Green’s Q1 FY26 performance reflects rapid scaling, healthy margins, and a clear focus on clean energy. Its growing impact on emissions reduction brings clear environmental and reputational value. Backed by strong financials and global ESG credibility, the company is carving out a solid position in both India’s and the world’s renewable energy transition. 
That said, scaling at this pace also requires smooth and timely project execution to keep the company’s growth on track over the long term.

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