After announcing good earnings for Q2 FY26, Adani Green Energy Ltd (AGEL) stock jumped 14%, hitting a high of ₹1,145 per share. Investors were happy with the company’s profit growth, better margins, and increased capacity. This pretty much cements Adani Green as the biggest renewable energy company in India.
Solid Q2 Numbers: Profit Up 25%, Margins Way Up
Adani Green Energy said its consolidated net profit for July–September FY26 went up 25.05% year-over-year to ₹644 crore, from ₹515 crore last year. Even though their total income dipped 4.3% to ₹3,249 crore from ₹3,996 crore year-over-year, they still showed good profit and ran things well.
The company’s EBITDA went up 9% year-over-year to ₹2,844 crore from ₹2,608 crore in Q2 FY25. Plus, their EBITDA margin grew to 87.5%, compared to 76.8% last year. This shows that Adani Green Energy keeps costs down and knows how to get projects done, which leads to better returns even when income is a bit lower.
Around 11:30 PM, AGEL stock was selling for ₹1,142.40 on the NSE, up 13.76%. This shows investors are feeling good after seeing the results.
More Money from Power and Energy Sales
One thing that stood out in Adani Green’s Q2 was the increase in money from power supply, which went up to ₹2,776 crore from ₹2,308 crore last year. The company’s push for hybrid, wind, and solar energy has led to a 39% year-over-year increase in energy sales, with 19,569 million units sold compared to 14,128 million units in Q2 FY25.
This growth mainly happened because they added new capacity, ran things better, and got good results from projects in places with lots of resources like Khavda (Gujarat) and Rajasthan.
Capacity Expansion: Still on Track for 50 GW Goal
Adani Green Energy is still adding renewable capacity quickly. As of September 30, 2025, their operational capacity was 16.7 GW, which is a 49% increase year-over-year. They’ve already added 2,437 MW of new capacity in the first half of FY26, which is 74% of what they added in all of FY25.
In the past year, AGEL added 5,496 MW of new capacity, like:
- 4,200 MW of solar power (2,900 MW in Khavda, 1,050 MW in Rajasthan, 250 MW in Andhra Pradesh)
- 491 MW of wind power (Khavda)
- 805 MW of hybrid solar–wind capacity (Khavda)
With these expansions, Adani Green is on track to add 5 GW of capacity in FY26 and hit their big goal of 50 GW by 2030.
CEO’s Thoughts: Focus on Innovation and Being Efficient
Ashish Khanna, CEO of Adani Green Energy, said about the company’s performance:
“Since we’ve already added 2.4 GW of capacity in the first half of FY26, we’re well on our way to adding 5 GW this year and reaching our goal of 50 GW by 2030. Our progress on the 30 GW Khavda project shows that we’re serious about building a clean energy future for India.”
He also said that Adani Green’s success comes from using advanced renewable technologies, going digital, and being good at getting things done, making sure they grow safely, sustainably, and profitably.
Helping India Go Green
Adani Green Energy Ltd builds, owns, and runs large-scale solar, wind, hybrid, and energy storage projects connected to the grid. With over 16.7 GW of renewable projects running in 12 Indian states, AGEL has become the largest renewable energy company in India.
In the first half of September 2025, the company produced 19.6 billion units of clean energy. That’s enough to power a country like Croatia for a whole year, which is pretty cool for sustainable power.
In Conclusion: Adani Green’s Great Q2 Sets the Scene for Growth
Adani Green Energy’s great Q2 FY26 results, growing margins, and increased capacity show they’re a leader in India’s move to renewable energy. The company’s focus on innovation, being efficient, and growing for the long haul is making investors confident in Adani Green Energy.shares a bright spot in the clean energy space.
Note: All information and images used in this content are sourced from Google. They are used here for informational and illustrative purposes only.
FAQs on Adani Green Energy Shares Rally and Q2 FY26 Earnings
Q1. What caused Adani Green Energy shares to rally 14%?
Adani Green Energy shares rallied 14% after the company posted strong Q2 FY26 earnings, with a 25% jump in net profit, margin expansion, and significant capacity growth.
Q2. What was the company’s net profit in Q2 FY26?
The company reported a consolidated net profit of ₹644 crore for Q2 FY26, up 25.05% from ₹515 crore in the same period last year.
Q3. How did the total income change during the quarter?
Total income dropped 4.3% year-on-year to ₹3,249 crore from ₹3,996 crore in Q2 FY25, mainly due to timing differences in project commissioning.
Q4. What was the EBITDA and margin for the quarter?
EBITDA rose 9% year-on-year to ₹2,844 crore, while margins expanded to 87.5% from 76.8%, showcasing operational efficiency and cost control.
Q5. How did the power supply business perform?
Revenue from power supply increased to ₹2,776 crore in Q2 FY26 from ₹2,308 crore last year, driven by new capacity and improved generation.
Q6. What is Adani Green Energy’s current operational capacity?
As of September 30, 2025, Adani Green Energy had an operational capacity of 16.7 GW, up 49% year-on-year, solidifying its leadership in renewable power.
Q7. How much new capacity was added in H1 FY26?
The company added 2,437 MW of greenfield capacity in the first half of FY26, representing 74% of its total FY25 additions.
Q8. What are the company’s long-term growth goals?
Adani Green Energy targets 50 GW of operational renewable capacity by 2030, supporting India’s clean energy and sustainability goals.
Q9. Where are its major renewable projects located?
The company’s major projects are based in Khavda (Gujarat), Rajasthan, and Andhra Pradesh, spanning solar, wind, and hybrid power.
Q10. What did management say about future expansion?
CEO Ashish Khanna stated that Adani Green Energy is on track to add 5 GW of capacity in FY26, reinforcing its commitment to India’s energy transition.
Q11. How much renewable power was generated in H1 FY26?
It produced 19.6 billion units of green energy in the first half of FY26—enough to power a small country like Croatia for an entire year.
Q12. What gives the company a leadership edge in renewables?
Adani Green Energy’s leadership comes from its scale, technology innovation, and execution excellence across 12 Indian states.
Q13. Which sectors does the company operate in?
The firm operates across solar, wind, hybrid, and energy storage, focusing on large-scale grid-connected renewable power generation.
Q14. How are investors reacting to recent results?
Investors have shown strong confidence, evident from the 14% rally in Adani Green Energy’s stock after its Q2 performance.
Q15. What is Adani Green Energy’s overall vision?
Adani Green Energy aims to drive India toward a carbon-free future by achieving 50 GW renewable capacity by 2030 through innovation and sustainability.
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