Adani Green Energy Q4 Result: Net Profit Up 23% YoY To Rs 383 Crore; Revenue At 3,278 Crore

Adani Green Energy Q4 Result: Adani Group's renewable energy arm reported a 23% annual increase in its net consolidated profit to Rs 383 crore in the fourth quarter of financial year 2024-25, against Rs 310 crore reported in the year ago period.

Adani Green Energy Limited's total income during the quarter under review increased 24% to Rs 3278 crore against Rs 2,636 crore reported in the December quarter of FY25. Company's EBITDA increased 30% annually to Rs 2382 crore. Capacity addition of 3,309 MW in FY25 boosted its overall revenue, EBITDA, and cash profit.

Adani Green Energy Limited's shares were 3.4% higher at Rs 940.20 per share on BSE on Monday.

Adani Green Energy Q4 Result Highlights

Company's net income (attributable to the equity shareholders) stood at Rs 230 crore in the March quarter against Rs 150 crore reported in the year ago period. Its earnings per share declined sequentially to Rs 1.26 in the quarter under review from 2.92 in the December quarter. Its cash profit increased by 22% to Rs 4,871 crore.

Robust growth in revenue, EBITDA and cash profit primarily driven by capacity addition of 3,309 MW over last year. As per the company's press release, Adani Green Energy's operational capacity rose by 30% YoY to 14.2 GW and increased to 15.2 GW with additional 1 GW near completion.

Renewable Energy Growth

Adani Group's renewable energy arm's sale of energy increased by 28% annually at 27,969 mn units in FY25, equivalent to half of Singapore's annual power consumption. Its solar portfolio CUF stood at 24.8%, whereas its wind and hybrid portfolio CUF stood at at 27.2% and 39.5%.

Adani Green Energy Achieves Highest Ever Greenfield Addition in FY25

The company made an addition of 3.3 GW in FY25, which was the highest-ever by any renewable energy firm. It also refinanced a USD 1.06 billion maiden construction facility with a 19-year tenure debt. It also contributed 16% of nationwide utility-scale solar and 14% of wind installations in FY25 energy sales.

GHG Emission Target

AGEL's GHG emission was 99.8% lesser in FY25 versus Indian grid average of 0.727 tCO2 / MWh. It used 99.6% less freshwater per unit of generation in FY25. Under its sustainable livelihood initiative, AGEL provided 1,707 direct/indirect job opportunities in the previous financial year.

AGEL Q3 Result Recap

In December quarter, AGEL's net profit stood at Rs Rs 474 crore, which was 85% higher than December quarter on the back of higher revenues from power supply. Revenue from power supply rose to Rs 1,993 crore in the quarter from Rs 1,765 crore in the same period year ago.

"We are steadily developing the world's largest RE plant in Khavda, Gujarat as well as large-scale plants in Rajasthan and other sites, supported by well-aligned transmission planning."

"Our updated strategy now includes largescale deployment of Battery Energy Storage Systems (BESS), given significant cost declines in last few quarters," CEO Amit Singh said in a statement.