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ADANI GREEN ENERGY
Quarterly Results Analysis [Mar2026]

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ADANI GREEN ENERGY Quarterly Results

Consolidated Mar2026
Audited
Dec2025
UnAudited
Sep2025
UnAudited
Jun2025
UnAudited
Mar2025
Audited
Dec2024
UnAudited
Sep2024
UnAudited
Jun2024
UnAudited
Revenues ₹3,502 Cr ₹2,618 Cr ₹3,008 Cr ₹3,800 Cr ₹3,073 Cr ₹2,340 Cr ₹3,005 Cr ₹2,794 Cr
Expenses ₹620 Cr ₹377 Cr ₹405 Cr ₹758 Cr ₹671 Cr ₹460 Cr ₹788 Cr ₹415 Cr
Operating Income ₹2,882 Cr ₹2,241 Cr ₹2,603 Cr ₹3,042 Cr ₹2,402 Cr ₹1,880 Cr ₹2,217 Cr ₹2,379 Cr
Other Income ₹225 Cr ₹219 Cr ₹241 Cr ₹206 Cr ₹205 Cr ₹296 Cr ₹391 Cr ₹318 Cr
Interest ₹1,626 Cr ₹1,698 Cr ₹1,635 Cr ₹1,525 Cr ₹1,368 Cr ₹1,251 Cr ₹1,448 Cr ₹1,426 Cr
Depreciation ₹885 Cr ₹886 Cr ₹834 Cr ₹767 Cr ₹663 Cr ₹618 Cr ₹621 Cr ₹596 Cr
Profit Before Tax ₹488 Cr ₹-135 Cr ₹292 Cr ₹939 Cr ₹410 Cr ₹291 Cr ₹442 Cr ₹628 Cr
Profit After Tax ₹432 Cr ₹-98 Cr ₹529 Cr ₹707 Cr ₹292 Cr ₹400 Cr ₹416 Cr ₹449 Cr
EPS ₹2.41 ₹-0.25 ₹3.54 ₹4.39 ₹1.45 ₹3.11 ₹1.74 ₹2.82
Industry Peers & Returns1W1M1Y
ADANI GREEN ENERGY 2.5% 45.9% 29%
NTPC -0.3% 6% 12%
POWER GRID CORPORATION OF INDIA 0.4% 8.6% 1.5%
ADANI POWER 2.3% 42.6% 94.2%
TATA POWER COMPANY 5% 15.7% 16.6%
ADANI ENERGY SOLUTIONS 4.2% 43.6% 49.2%
JSW ENERGY -0.2% 13.3% 15.3%
NHPC 3.1% 8.8% -4.2%
TORRENT POWER -2% 22.2% 9.3%

ADANI GREEN ENERGY Quarterly Revenues

Revenues
Q-o-Q

33.77 %

Y-o-Y

13.96 %

Quarters Revenues % Change
Mar2026 ₹3,502 Cr
33.77
Dec2025 ₹2,618 Cr
-12.97
Sep2025 ₹3,008 Cr
-20.84
Jun2025 ₹3,800 Cr
23.66
Mar2025 ₹3,073 Cr
31.32
Dec2024 ₹2,340 Cr
-22.13
Sep2024 ₹3,005 Cr
7.55
Jun2024 ₹2,794 Cr -

ADANI GREEN ENERGY Quarterly Operating Profit

Operating Profit
Q-o-Q

28.60 %

Y-o-Y

19.98 %

Quarters Operating Profit % Change
Mar2026 ₹2,882 Cr
28.60
Dec2025 ₹2,241 Cr
-13.91
Sep2025 ₹2,603 Cr
-14.43
Jun2025 ₹3,042 Cr
26.64
Mar2025 ₹2,402 Cr
27.77
Dec2024 ₹1,880 Cr
-15.20
Sep2024 ₹2,217 Cr
-6.81
Jun2024 ₹2,379 Cr -
Operating Margins
Q-o-Q

-3.86 %

Y-o-Y

5.30 %

Quarters Operating Margin% % Change
Mar2026 82.3%
-3.86
Dec2025 85.6%
-1.09
Sep2025 86.54%
8.11
Jun2025 80.05%
2.42
Mar2025 78.16%
-2.71
Dec2024 80.34%
8.89
Sep2024 73.78%
-13.35
Jun2024 85.15% -

ADANI GREEN ENERGY Quarterly Profit After Tax

Profit After Tax(PAT)
Q-o-Q

Positive

Y-o-Y

47.95 %

Quarters Profit After Tax % Change
Mar2026 ₹432 Cr
Positive
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 -
PAT Margins
Q-o-Q

Positive

Y-o-Y

29.89 %

Quarters PAT Margin(%) % Change
Mar2026 12.34 %
Positive
Dec2025 -3.74 %
Negative
Sep2025 17.59 %
-5.48
Jun2025 18.61 %
95.89
Mar2025 9.5 %
-44.41
Dec2024 17.09 %
23.48
Sep2024 13.84 %
-13.88
Jun2024 16.07 % -

ADANI GREEN ENERGY Quarterly Earnings Per Share (EPS)

EPS
Q-o-Q

Positive

Y-o-Y

66.21 %

Quarters EPS % Change
Mar2026 ₹2.41
Positive
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 -

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