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Adani Green posts 47.5% EBITDA jump on 48% capacity expansion

Q3 FY26 results show India's renewable leader scaling fast, with revenue up 30% and energy sales growth of 37% in nine months.

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Finsamudra Desk

23 Jan 2026, 3:00 pm IST · 1 min read

30% to ₹2,201 CrRevenue growth47.5% to ₹1,824 CrEBITDA surge48% to 17.2 GWCapacity expansion
🌞 Adani Green Energy: Scaling Renewables at Lightning Speed
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Adani Green Energy reported Q3 FY26 revenue of ₹2,201 crore, up 30% year-on-year, driven by expanded generation capacity and higher sales volumes. EBITDA surged 47.5% to ₹1,824 crore, reflecting strong operational leverage and margins of 82.9%.

Capacity additions of 48% brought the company's operational portfolio to 17.2 GW. Energy sales across the nine-month period grew 37%, indicating robust demand for renewable power in India's evolving energy mix.

The company remains on track to reach 50 GW by 2030, a target that underscores its position as India's leading renewable energy producer. This expansion is supported by long-term power purchase agreements with off-takers including government entities and large corporates.

Strong margins and rising capacity utilisation suggest Adani Green is translating increased generation into profits. The trajectory reflects structural tailwinds in India's shift toward renewable capacity and grid modernisation.

Sources

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