Operational capacity grows 35% YoY to 19.3 GW, continues to be India’s largest
Greenfield capacity addition of 5.1 GW vis-à-vis 3.3 GW in FY25 represents 1.5x growth
Secured CareEdge ESG 1+ rating with the highest score of 87.3
Japan Credit Rating Agency (JCR) assigned inaugural rating of JCR BBB+/Stable to AGEL, which is equivalent to India’s sovereign credit rating
Ahmedabad, 24 April 2026: Adani Green Energy Ltd (AGEL), India’s largest and fastest-growing pure-play renewable energy (RE) company, has announced financial results for the period ending 31 March 2026, showcasing robust growth and operational excellence.
FINANCIAL PERFORMANCE – Q4 & FY26: (Rs. in crore)
| Particulars | Quarterly Performance | Nine Month Performance | ||||
|---|---|---|---|---|---|---|
| Q4 FY25 | Q4 FY26 | % change | FY25 | FY26 | % change | |
| Revenue from Power Supply | 2,666 | 3,094 | 16% | 9,495 | 11,602 | 22% |
| EEBITDA from Power Supply1 | 2,453 | 2,944 | 20% | 8,818 | 10,865 | 23% |
| EBITDA from Power Supply (%) | 91% | 91% | 92% | 91% | ||
| Cash Profit2 | 1,231 | 1,494 | 21% | 4,871 | 5,399 | 11% |
1. EBITDA from Power Supply = Revenue from Power Supply + Carbon credit income (part of Other Operating Income) + prompt payment discount – Employee Benefit Expenses – Other Expenses excluding loss on sale of assets and such one-off expenses
2. Cash Profit = PAT + Depreciation + Deferred Tax + Exceptional Items
– Strong revenue and EBITDA growth are primarily backed by robust greenfield capacity addition of 5.1 GW in FY26, deployment of advanced RE technologies, strong plant performance and commissioning of new capacities in resource rich sites in Khavda, Gujarat and Rajasthan.
– Installed BESS (battery storage) capacity of 1,376 MWh in Khavda, one of the largest single-location deployments globally. Targeting more than 10,000 MWh capacity by FY27.
Installed BESS (battery storage) capacity of 1,376 MWh in Khavda, one of the largest single-location deployments globally. Targeting more than 10,000 MWh capacity by FY27.
Mr. Sagar Adani, Executive Director, Adani Green Energy, stated: “FY26 was a landmark year in Adani Green’s history. The company on the back of robust project and operational excellence, commissioned 5.1 GW of greenfield capacity, thereby reaching 19.3 GW of total operational capacity. It is the highest greenfield annual capacity expansion globally by any company (outside China). This milestone not only consolidates our leadership position in India’s renewable energy sector but also puts us in a different orbit of execution excellence. Our flagship Khavda project, the world’s largest renewable energy plant, continues to make significant progress. On the battery storage side, we installed 1.4 GWh of capacity in FY26, which is one of the world’s largest single-location BESS deployment and will complement our contract mix to take us closer to building a resilient and future-ready energy ecosystem. Our Pumped Hydro Storage Project (PSP) in Andhra Pradesh is also progressing well.
AGEL’s 19,294 MW of operational portfolio will power more than 8.7 million homes and avoid about 36 million tonnes of CO2e emissions annually. The continued recognition of our ESG efforts reaffirms our commitment to sustainable growth and accelerating India’s energy transition.”
