Adani Green Energy H1 EBITDA Surges 41% on Renewable Power Boom
Adani Green Energy reports a massive 41% rise in H1 EBITDA and expanded operational capacity to 20.8 GW. Read more on their financial growth.
Adani Green Energy Ltd has posted a stellar performance for the first half of FY27, with its Adani Green Energy H1 EBITDA from power supply skyrocketing by 41 per cent year-on-year to reach Rs 7,957 crore. This significant growth was primarily fueled by a surge in renewable energy generation and an aggressive expansion of the company's operational capacity.
Strong Financial Momentum
The company's financial health showed robust growth across multiple metrics for the period ending September 30, 2026. Revenue from power supply climbed by 36 per cent, totaling Rs 8,299 crore. Meanwhile, energy sales saw a 32 per cent year-on-year increase, reaching 25,747 million units between April and September.
Cash profit also mirrored this upward trend, growing 35 per cent to stand at Rs 4,176 crore. The momentum was particularly visible in the July-September quarter, where the company witnessed:
- EBITDA from power supply: A 51 per cent year-on-year jump to Rs 3,835 crore.
- Revenue from power supply: A 45 per cent increase to Rs 4,019 crore.
- Energy sales: A 33 per cent growth, totaling 12,090 million units.
Expanding the Green Footprint
The company has been aggressively scaling its infrastructure to meet growing demand. In the first half of FY27, Adani Green Energy added 4,083 MW of capacity, pushing its operational renewable energy portfolio up by 24 per cent to a total of 20.8 GW.
To support this rapid growth, the company significantly ramped up its investment, with capital expenditure increasing by 38 per cent to Rs 17,160 crore during the period.
"As India’s largest renewable energy company, we take pride in driving the sector’s momentum. This is reflected in our strong execution in H1 FY27, with our operational renewable energy portfolio growing 24% year-on-year to 20.8 GW and energy sales increasing 32%, supporting robust operating performance across our solar, wind and hybrid assets," stated CEO Ashish Khanna.
Dominating Battery Storage and Future Goals
Beyond power generation, Adani Green Energy is making massive strides in energy storage. In the second quarter alone, the company added 3,081 MWh to its Battery Energy Storage System (BESS) capacity. This brings its cumulative operational capacity to 6,632 MWh, which the company claims represents more than half of India's total operational battery storage capacity.
CEO Ashish Khanna emphasized a continued focus on scaling storage deployment, while keeping a close watch on the availability of transmission infrastructure. The company noted that with further additions, it could potentially exceed its 10 GWh BESS capacity guidance for FY27.
The Road to 2030
The company's ambitions remain vast. It is currently developing a massive 30 GW renewable energy plant at Khavda in Gujarat. This project is a cornerstone of its broader strategy to hit a target of 50 GW of renewable energy capacity by the year 2030.
Regarding its financial leverage, the company reported that its net debt to run-rate EBITDA stood at 5.6 times at the conclusion of the reporting period.