In short: Adani Green Energy's Q2 FY27 revenue rose 41.6% to ₹4,258 crore from a year earlier, and net profit rose 15.4% to ₹673 crore. Power supply EBITDA margin was 92.0%. Operating capacity rose 24% from a year earlier, but higher interest and depreciation on the new plants, and a deferred tax charge against a credit a year earlier, held profit growth well below revenue growth.
What changed in Adani Green Energy's Q2 FY27 results
- Revenue from operations was ₹4,258 crore, up 41.6% from a year earlier and down 3.9% from the previous quarter.
- Net profit was ₹673 crore, up 15.4% from a year earlier and down 20.4% from the previous quarter.
- EBITDA from power supply was ₹3,835 crore, up 50.8% from a year earlier.
- Power supply EBITDA margin was 92.0%, up 150 bps from a year earlier.
Adani Green Energy Q2 FY27 results at a glance
| Q2 FY27 | Q1 FY27 | Q2 FY26 | QoQ | YoY | |
|---|---|---|---|---|---|
| Revenue (₹ crore) | 4,258 | 4,431 | 3,008 | −3.9% | +41.6% |
| EBITDA from power supply (₹ crore) | 3,835 | – | 2,543 | – | +50.8% |
| Net profit (₹ crore) | 673 | 845 | 583 | −20.4% | +15.4% |
| Power supply EBITDA margin | 92.0% | – | 90.5% | – | +150 bps |
Genvest analysis
Revenue from power supply rose 44.8% from a year earlier to ₹4,019 crore. The company links the growth to its operating capacity, which rose 24% to 20,763 MW, and to a 33% rise in the energy it sold in the quarter. It added 621 MW in the quarter and commissioned 3,081 MWh of battery storage at Khavda, taking its installed storage to 6,632 MWh.
EBITDA from power supply, in the company's own definition (power supply revenue plus carbon-credit income and prompt-payment discounts, less employee and one-off costs), rose 50.8% to ₹3,835 crore, a margin of 92.0% against 90.5% a year earlier.
Net profit grew far less than revenue. Finance costs rose 29.6% to ₹2,119 crore and depreciation 30.0% to ₹1,084 crore as new plants came into use, and the quarter carried a deferred tax charge of ₹120 crore, against a deferred tax credit of ₹213 crore a year earlier.
Against the June quarter, revenue from power supply fell to ₹4,019 crore from ₹4,280 crore, and net profit fell 20.4%.
What Adani Green Energy's results mean for fund investors
- Index funds. If the company is in an index such as the Nifty 50 or the Nifty Next 50, index funds that track it hold the company in proportion to its weight in the index.
- Active funds. Whether an active fund holds the company, and how much, is in the fund's monthly portfolio disclosure; a single holding rarely moves a diversified fund much.
- One quarter is one data point. Fund returns depend on many holdings and on valuations over years, not on a single results day.
- Overlap. If you hold several equity funds alongside them, check how concentrated you are with the portfolio analyzer.
Adani Green Energy Q2 FY27 results: questions
When did Adani Green Energy announce Q2 FY27 results?
Adani Green Energy announced its Q2 FY27 results on 21 October 2026.
What was Adani Green Energy's Q2 FY27 net profit?
Net profit was ₹673 crore, up 15.4% from a year earlier and down 20.4% from the previous quarter.
What was Adani Green Energy's Q2 FY27 revenue?
Revenue from operations was ₹4,258 crore, up 41.6% from a year earlier and down 3.9% from the previous quarter.
Other Q2 FY27 results
- Adani Green Energy Q2 FY27 results · 21 October 2026 · net profit +15.4% YoY
- Indian Hotels Q2 FY27 results · 21 October 2026 · net profit +22.7% YoY
All Q2 FY27 results in one place
Sources
- Adani Green Energy: Q2 FY27 financial results, 21 October 2026
- Adani Green Energy: Q2 FY27 operational and financial highlights, 21 October 2026
This page is educational research based on company results filings and AMFI data. It is not a recommendation to buy or sell any security or fund, or personalised investment advice. Investments in securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI, enlistment with IAASB and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.