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Adani Green and Total Gas Deliver Double-Digit Q1 Gains With Renewables and Network Growth

Robust greenfield additions underpin progress toward a 50 GW renewable capacity goal by 2030

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Adani Green Q1 FY26 results: Profit jumps 31% to Rs 824 crore on strong capacity additions

Overview

  • Adani Green Energy’s net profit surged 60% year-on-year to Rs 713 crore in Q1 FY26.
  • Its energy sales rose 42% to 10,479 million units as operational capacity climbed 45% to 15.8 GW after adding 1.6 GW of greenfield projects.
  • Q1 power generation met 31% of annual PPA commitments and management reaffirmed its 2030 targets including 50 GW of renewables with integrated storage.
  • Adani Total Gas achieved Rs 1,491 crore in Q1 revenue, up 21%, with net profit rising 7% sequentially to Rs 165 crore and EBITDA up 10%.
  • The gas network expanded to 650 CNG stations and nearly one million PNG household connections, supporting continued volume growth.