Adani Green Energy, the renewable energy arm of the Adani Group, on Wednesday reported a 16 per cent year-on-year increase in consolidated profit after tax to Rs 747 crore in the second quarter of FY27, The Hindu BusinessLine reported, riding on higher power supply revenues and strong operating performance.

Source: The Hindu BusinessLine

Angel One, summarising the company's exchange filing, put total income at Rs 4,520 crore for the September quarter, up 39.1% year-on-year, with net profit up 16% to Rs 747 crore, compared with Rs 644 crore a year earlier. SaurEnergy reported the same figures — profit up 15.99% and total income up 39.12%.

Revenue from power supply rose 45 per cent year-on-year to Rs 4,019 crore, while EBITDA from power supply increased 51 per cent to Rs 3,835 crore, BusinessLine said. Energy sales grew 33 per cent in the quarter to 12,090 million units, and rose 32 per cent in the first half to 25,747 million units.

The company's operational renewable energy portfolio expanded 24 per cent year-on-year to 20.8 GW by the end of September 2026, following capacity additions of 4,083 MW, BusinessLine said. A significant portion was added at the Khavda renewable energy project in Gujarat, where operational capacity rose to 10.8 GW.

Chief Executive Ashish Khanna said the company had expanded its operational battery storage capacity at Khavda to 6.63 GWh, which he described as the world's largest single-location battery storage installation and making the company India's largest battery-storage operator, Upstox reported. Angel One noted consolidated net debt rose to Rs 1,02,973 crore by September from Rs 91,252 crore in March.

Sources: The Hindu BusinessLine, Angel One, SaurEnergy, Upstox.