Adani Green Shares Rose Over 4%: Revenue Surged 18% During Q3FY25

On January 24, 2025, Adani Green shares rose over 4% and touched the day high of ₹1,065.45 at 09:20 AM after opening at ₹1,039.45. The gain in Adani Green shares follows the release of financial results for Q3 FY25 and the nine-month (9MFY25). During this period, Adani Green continues to demonstrate its operational excellence and remarkable growth trajectory, driven by significant capacity additions and robust performance across its renewable energy assets.

Adani Green Q3FY25 Financial Highlights 

For Q3FY25, AGEL achieved substantial growth across key financial metrics:

• Energy Sales: A notable 23% year-on-year (YoY) increase, reaching 20,108 million units.
• Revenue: Up by 18% YoY, amounting to ₹6,829 crore.
• EBITDA Margin: AGEL achieved an industry-leading EBITDA margin of 92.0%.
• Cash Profit: Increased by 23% YoY to ₹3,630 crores.

These results are mainly backed by the consistent growth of its greenfield capacity additions, totalling 3.1 GW, and its commitment to delivering reliable and sustainable energy.

Capacity Addition & Operational Performance:

During Q3 FY25 and 9MFY25, AGEL made impressive strides in its capacity expansion and operational performance, marking a significant leap toward its long-term renewable energy goals.

• Operational Capacity: AGEL expanded its total operational capacity by 37% YoY, reaching 11,609 MW by the end of 9M FY25. This expansion was driven by key greenfield projects, including:
  • 2,113 MW of solar capacity and 312 MW of wind capacity in Khavda, Gujarat.
  • 580 MW of solar capacity in Rajasthan.
  • 126 MW of wind capacity in Gujarat.
• Energy Sales: The company’s energy sales surged by 23% YoY, propelled by the addition of new capacity and the consistent performance of its operational plants. This increase reflects AGEL’s successful execution of its capacity ramp-up strategy.

Adani Green Energy Outlook

Adani Green’s future growth is anchored in its commitment to scaling up its renewable energy capacity, and it remains on track to achieve significant milestones in the upcoming years.

• Khavda Project – The World’s Largest Renewable Energy Plant: AGEL is developing the world’s largest renewable energy plant at Khavda, Gujarat, with a total planned capacity of 30 GW. The project spans 538 sq km—almost 5 times the size of Paris—and is expected to set a global benchmark for large-scale renewable energy development.
• Rapid Execution and Workforce Expansion: The company has a dedicated workforce of over 12,000 on-site at Khavda, working tirelessly to meet ambitious timelines. Four phases of transmission tendering have already been completed, with the 5th phase currently underway, ensuring smooth execution and alignment with capacity development goals.
• Achieving 30 GW by 2029: With the Khavda project well underway, AGEL is confident in its ability to achieve 30 GW of renewable energy capacity at the site by 2029, setting a global standard for the speed and scale of renewable energy plant execution.

Conclusion

AGEL’s strong performance in Q3 FY25 and 9M FY25 underscores its leadership in the renewable energy sector, driven by strategic investments, operational excellence, and a relentless focus on capacity growth.

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