Adani Green Q2 Profit Rises 71%, Revenue Surges 131% to ₹468 Crore, Delivers 91% Return in One Year
Adani Green Energy Reports 71% Profit Growth in Q2; Revenue Surges 131% YoY
Adani Green Energy, a leading renewable energy company in India, posted a net profit of ₹180 crore in the second quarter of FY 2024-25, marking a 71.42% growth compared to ₹105 crore in the same quarter last year. The company also reported a significant rise in revenue, reaching ₹468 crore, up by 131.68% from ₹202 crore in the previous year.
91% Growth in Adani Green Shares Over One Year
After the Q2 results, Adani Green’s shares dipped by 1.57% to close at ₹1,684. Despite the drop, the company’s market capitalization has grown to ₹2.67 lakh crore. Over the past year, Adani Green’s shares have delivered a remarkable 91.19% return to investors.
Established in 2015 with a 20,434 MW Project Portfolio
Adani Green Energy was established on January 23, 2015, as a subsidiary of Adani Enterprises Ltd (AEL). Today, it stands as one of India’s largest renewable energy companies, boasting a project portfolio of 20,434 MW. The company is building the world’s largest renewable energy plant in Khavda, Gujarat, with a capacity of 30 GW, spreading over an area of 530 square kilometers, making it five times the size of Paris. Adani Green has a presence in 12 states, and Amit Singh serves as the company’s CEO.
