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ADANI GREEN ENERGY
Quarterly Results Analysis [Dec2025]

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ADANI GREEN ENERGY Quarterly Results

Consolidated Dec2025
UnAudited
Sep2025
UnAudited
Jun2025
UnAudited
Mar2025
Audited
Dec2024
UnAudited
Sep2024
UnAudited
Jun2024
UnAudited
Mar2024
Audited
Revenues ₹2,618 Cr ₹3,008 Cr ₹3,800 Cr ₹3,064 Cr ₹2,340 Cr ₹3,005 Cr ₹2,794 Cr ₹2,562 Cr
Expenses ₹377 Cr ₹405 Cr ₹758 Cr ₹680 Cr ₹460 Cr ₹788 Cr ₹415 Cr ₹693 Cr
Operating Income ₹2,241 Cr ₹2,603 Cr ₹3,042 Cr ₹2,384 Cr ₹1,880 Cr ₹2,217 Cr ₹2,379 Cr ₹1,869 Cr
Other Income ₹219 Cr ₹241 Cr ₹206 Cr ₹223 Cr ₹296 Cr ₹391 Cr ₹318 Cr ₹279 Cr
Interest ₹1,698 Cr ₹1,635 Cr ₹1,525 Cr ₹1,368 Cr ₹1,251 Cr ₹1,448 Cr ₹1,426 Cr ₹1,224 Cr
Depreciation ₹886 Cr ₹834 Cr ₹767 Cr ₹663 Cr ₹618 Cr ₹621 Cr ₹596 Cr ₹497 Cr
Profit Before Tax ₹-135 Cr ₹292 Cr ₹939 Cr ₹410 Cr ₹291 Cr ₹442 Cr ₹628 Cr ₹347 Cr
Profit After Tax ₹-98 Cr ₹529 Cr ₹707 Cr ₹292 Cr ₹400 Cr ₹416 Cr ₹449 Cr ₹265 Cr
EPS ₹-0.25 ₹3.54 ₹4.39 ₹1.45 ₹3.11 ₹1.74 ₹2.82 ₹0.95
Industry Peers & Returns1W1M1Y
ADANI GREEN ENERGY 15.3% -4.7% -2.9%
NTPC 4.2% 4.6% 15.5%
POWER GRID CORPORATION OF INDIA 8.4% 10.9% -0.2%
ADANI POWER 13.5% 4.3% 49.2%
TATA POWER COMPANY 2% -4% -1.1%
ADANI ENERGY SOLUTIONS 15% -1.6% 35.6%
JSW ENERGY 4.9% -7.6% 0.4%
NHPC 2.1% -5% 1.4%
TORRENT POWER 7.5% 2.5% 1.5%

ADANI GREEN ENERGY Quarterly Revenues

Revenues
Q-o-Q

-12.97 %

Y-o-Y

11.88 %

Quarters Revenues % Change
Dec2025 ₹2,618 Cr
-12.97
Sep2025 ₹3,008 Cr
-20.84
Jun2025 ₹3,800 Cr
24.02
Mar2025 ₹3,064 Cr
30.94
Dec2024 ₹2,340 Cr
-22.13
Sep2024 ₹3,005 Cr
7.55
Jun2024 ₹2,794 Cr
9.06
Mar2024 ₹2,562 Cr -

ADANI GREEN ENERGY Quarterly Operating Profit

Operating Profit
Q-o-Q

-13.91 %

Y-o-Y

19.20 %

Quarters Operating Profit % Change
Dec2025 ₹2,241 Cr
-13.91
Sep2025 ₹2,603 Cr
-14.43
Jun2025 ₹3,042 Cr
27.60
Mar2025 ₹2,384 Cr
26.81
Dec2024 ₹1,880 Cr
-15.20
Sep2024 ₹2,217 Cr
-6.81
Jun2024 ₹2,379 Cr
27.29
Mar2024 ₹1,869 Cr -
Operating Margins
Q-o-Q

-1.09 %

Y-o-Y

6.55 %

Quarters Operating Margin% % Change
Dec2025 85.6%
-1.09
Sep2025 86.54%
8.11
Jun2025 80.05%
2.88
Mar2025 77.81%
-3.15
Dec2024 80.34%
8.89
Sep2024 73.78%
-13.35
Jun2024 85.15%
16.72
Mar2024 72.95% -

ADANI GREEN ENERGY Quarterly Profit After Tax

Profit After Tax(PAT)
Q-o-Q

Negative

Y-o-Y

Negative

Quarters Profit After Tax % Change
Dec2025 ₹-98 Cr
Negative
Sep2025 ₹529 Cr
-25.18
Jun2025 ₹707 Cr
142.12
Mar2025 ₹292 Cr
-27.00
Dec2024 ₹400 Cr
-3.85
Sep2024 ₹416 Cr
-7.35
Jun2024 ₹449 Cr
69.43
Mar2024 ₹265 Cr -
PAT Margins
Q-o-Q

Negative

Y-o-Y

Negative

Quarters PAT Margin(%) % Change
Dec2025 -3.74 %
Negative
Sep2025 17.59 %
-5.48
Jun2025 18.61 %
95.28
Mar2025 9.53 %
-44.24
Dec2024 17.09 %
23.48
Sep2024 13.84 %
-13.88
Jun2024 16.07 %
55.42
Mar2024 10.34 % -

ADANI GREEN ENERGY Quarterly Earnings Per Share (EPS)

EPS
Q-o-Q

Negative

Y-o-Y

Negative

Quarters EPS % Change
Dec2025 ₹-0.25
Negative
Sep2025 ₹3.54
-19.36
Jun2025 ₹4.39
202.76
Mar2025 ₹1.45
-53.38
Dec2024 ₹3.11
78.74
Sep2024 ₹1.74
-38.30
Jun2024 ₹2.82
196.84
Mar2024 ₹0.95 -

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