Adani Green Energy Posts 16% Profit Rise as Revenue Climbs 45% in Q2

Adani Green Energy reported a net profit of Rs 747 crore for the second quarter of FY27, up 15.99% from Rs 644 crore a year earlier, according to the Financial Express. Revenue rose 44.78% to Rs 4,019 crore. EBITDA from power supply increased 51% to Rs 3,835 crore.

Adani Green Energy's Q2 Profit and Revenue Growth

The Financial Express reported that Adani Green Energy's net profit declined 24% on a sequential basis, while revenue fell 6.10% quarter-on-quarter. The company said EBITDA from power supply rose to Rs 3,835 crore from Rs 2,543 crore in the same quarter last year.

"The stellar growth in revenue and EBITDA is driven by consistent capacity expansion, deployment of advanced RE technologies and strong operating performance across all our sites," Adani Green Energy said in its Q2 release. The company said energy sales increased 32% year-on-year to 25,747 million units in the first half, backed by capacity additions of 4,083 MW, which grew 24% year-on-year.

The Times of India reported Q2 net profit of Rs 673 crore, up 15% year-on-year, and revenue of Rs 8,689 crore, up 39%. The Times of India also reported operational renewable capacity grew 24% to 20.8 GW, and the company added 4,083 MW of greenfield capacity.

Adani Green Energy's Khavda Battery Storage Expansion

Adani Green Energy installed 3,081 MWh of battery storage capacity at Khavda in Q2FY27, bringing total capacity to 6,632 MWh, which the company said accounts for more than 50% of India's operational BESS capacity. "With robust capacity addition in battery storage so far, Adani Green Energy may surpass 10 GWh of BESS capacity guidance in FY27," the company said.

According to akta.pro company records, Adani Green Energy commissioned a 3.37 GWh Battery Energy Storage System at Khavda in May 2026, described as the world's largest single-location battery storage deployment outside China, within 10 months of construction start, with plans to scale to 50 GWh over five years. The same records show operational renewable energy capacity reached 19.3 GW as of FY26, with a target of 50 GW by 2030.

Adani Green Energy's Capacity Milestones Before Q2

Adani Green Energy reported a 24% rise in operational renewable capacity to 20,763 MW and a 32% increase in energy sales to 25,747 million units for the first half of FY27, CNBC TV18 reported in October 2026. The company operationalized 481.9 MW of renewable capacity and 3,081 MWh of battery storage in Gujarat on October 1, 2026, ScanX reported. Construction World reported in October 2026 that Adani Green Energy expanded its operational BESS capacity to 6.63 GWh in June 2026, exceeding 50% of India's total operational capacity.

Adani Green Energy's 50 GW Target

Adani Green Energy aims to expand its renewable energy portfolio to 50 GW by 2030, with the Khavda renewable energy park playing a key role. The company plans to increase operational capacity at Khavda to 30 GW by 2029.