Adani Green Energy: EBITDA Surges 51%, Energy Sales Grow 33%

ADANIGREEN Adani Green Energy: EBITDA Surges 51%, Energy Sales Grow 33% **ADANIGREEN** Adani Green Energy reported strong Q2 FY27 operating performance, with energy sales increasing 33% year-on-year to 12,090 million units (MUs). **Why it matters:** Revenue from power supply jumped 45% to ₹4,019 crore, while EBITDA from power supply increased 51% to ₹3,835 crore. Cash profit also grew 45% to ₹1,951 crore. The company's operational renewable energy capacity reached 20.8 GW, reflecting 24% year-on-year growth. Battery Energy Storage System (BESS) capacity increased to 6.63 GWh, strengthening its energy storage capabilities. **My view:** Strong energy sales, improving operating performance and capacity expansion highlight Adani Green's growth potential in India's renewable energy sector. However, high capital expenditure and leverage remain important factors to monitor. **What to watch:** Renewable capacity additions, power generation, BESS expansion, project execution, debt levels and cash flow generation. **Stance:** Adani Green is positioned to benefit from India's renewable energy transition. Sustainable growth will depend on execution, financing costs and efficient capital deployment. **Disclosure:** I am a SEBI Registered Research Analyst. This content is for educational and informational purposes only and is not investment advice or a recommendation to buy or sell any security. Investments in securities markets are subject to market risks.