Adani Green Energy reported an over 34% jump in its fourth-quarter profit on Friday, driven by higher power sales and increased capacity utilisation.
* The green energy arm of billionaire Gautam Adani's group posted a consolidated profit of ₹3420 crore billion rupees ($362.8 million) for the quarter ended March 31, up from ₹3830 crore a year ago.
* India is aggressively expanding renewable energy to meet its climate goals, including a target of 500 gigawatts of non-fossil capacity by 2030.
* This has been benefitting Adani Green, which is seen as a bellwether for the sector.
* The company's revenue from power supply increased 16% to 30.94 billion rupees, while energy sales jumped 34%.
* Its mainstay power supply unit also posted a 20% climb in its earnings before interest, tax, depreciation, and amortization to 29.44 billion rupees with margins unchanged at 91%.
* Overall revenue climbed nearly 14% to 37.37 billion rupees.
* Adani Green's operational capacity rose 35% during the fiscal year.
Published on April 24, 2026