Adani Green Energy Reports 32% Surge in Energy Sales Amid Strong Financial Growth
Adani Green Energys EBITDA rises 41% to ₹7,957 crore, with energy sales increasing by 32% in the first half of FY27.
Ahmedabad, October 21 (Daily Kiran) : Adani Green Energy Limited (AGEL) announced impressive financial results on October 21, revealing a 41% year-on-year increase in EBITDA, which reached ₹7,957 crore for the first half of fiscal year 2027. The company’s energy sales also saw a significant boost, climbing 32% to 25.75 billion units compared to the previous year.
According to AGEL’s stock exchange filing, revenue from electricity supply surged by 36% year-on-year to ₹8,299 crore during this period, while the EBITDA margin stood at an impressive 92.9%. Cash profits rose by 35% to ₹4,176 crore, alongside a capital expenditure of ₹17,160 crore, marking a 38% increase from the same period last year. The ratio of net debt to run-rate EBITDA was recorded at 5.6 times.
The company attributed this robust growth in revenue and profit to ongoing capacity expansion, the adoption of advanced renewable energy technologies, and improved operational performance of its projects.
CEO Ashish Khanna highlighted the benefits the company is reaping from the effective management of its renewable energy assets, which has led to increased energy production and financial performance.
He stated, “We have also achieved a significant milestone in energy storage. We have expanded our operational Battery Energy Storage System (BESS) capacity in Khavda to 6.63 gigawatt-hours, making it the largest battery storage installation in one location worldwide.”
Khanna further noted that AGEL has become India’s largest BESS operator, holding more than half of the country’s total operational capacity. The company is focused on enhancing storage capacity while closely monitoring the availability of transmission infrastructure.
In the second quarter of fiscal year 2027, AGEL reported a 33% increase in energy sales, reaching 12,090 million units. Revenue from electricity supply grew by 45% year-on-year to ₹4,019 crore, while EBITDA from electricity supply surged by 51% to ₹3,835 crore. Quarterly cash profits increased by 45% to ₹1,951 crore.
