Adani Green Energy reports 18.5% rise in net profit in Q1 of FY27

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New Delhi, July 22: Adani Green Energy has reported an increase of 18.5 per cent (₹845 crore) in its consolidated net profit year-on-year in the quarter ended June 30, 2026.

 

The renewable energy company had reported a profit attributable to owners of ₹713 crore in the corresponding quarter of the previous financial year.
Sequentially, attributable profit more than doubled from ₹397 crore in the March quarter.

 

The group’s overall consolidated profit, including non-controlling interests, rose 19.3 per cent to ₹983 crore from ₹824 crore a year earlier.
Non-controlling interests accounted for ₹138 crore of the June-quarter profit, compared with ₹111 crore in the year-ago period.
 
Revenue from power supply increased 29.2 per cent year-on-year to ₹4,280 crore from ₹3,312 crore.
Total revenue from operations, comprising power supply, the sale of equipment and related services, and other operating revenue, rose 16.6 per cent to ₹4,431 crore from ₹3,800 crore.

 

Other income increased 12.6 per cent to ₹232 crore, taking total income to ₹4,663 crore, up 16.4 per cent from ₹4,006 crore.

 

Adani Green’s core earnings before interest, tax, depreciation and amortisation (Ebitda) from power supply grew 32.6 per cent to a quarterly record of ₹4,122 crore from ₹3,108 crore.

 The core Ebitda margin expanded to 94 per cent from 93 per cent. Cash profit increased 27.6 per cent to ₹2,225 crore from ₹1,744 crore. The company defines cash profit as profit after tax plus depreciation, deferred tax and exceptional items. 

Consolidated expenses rose 13.9 per cent to ₹3,473 crore from ₹3,050 crore.

 

Finance costs increased 31.2 per cent to ₹2,001 crore, while depreciation and amortisation expenses rose 33.8 per cent to ₹1,026 crore. Other expenses grew 28 per cent to ₹389 crore.

 

The cost of equipment and goods sold, however, declined to ₹35 crore from ₹421 crore, reflecting lower equipment-related sales during the quarter. Employee costs fell to ₹22 crore from ₹33 crore.

 

Profit before the share of earnings from associates and joint ventures, exceptional items and tax rose 24.5 per cent to ₹1,190 crore.

 

Exceptional charges declined to ₹2 crore from ₹17 crore. Consequently, profit before the share of associate and joint-venture earnings and tax increased 26.5 per cent to ₹1,188 crore from ₹939 crore.

 

The exceptional charge related to unamortised borrowing costs and prepayment charges following the refinancing or repayment of borrowings by a subsidiary.

 

Profit after tax but before the share of associate and joint-venture earnings rose 30.8 per cent to ₹925 crore. The share of profit from associates and a joint venture declined 50.4 per cent to ₹58 crore from ₹117 crore. (BVI)
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