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Adani Green Energy, the green energy developer of the Adani Group announced its results late on April 28. The company reported a 25.54 per cent rise in consolidated net profit to Rs 383 crore in the March quarter, primarily driven by higher revenues.
The company had posted a consolidated net profit of Rs 310 crore a year ago. Total income rose to Rs 3,278 crore during the quarter from Rs 2,841 crore in the same period a year ago, a 24% jump.
Total income for FY25, at Rs 12,422 crore versus Rs 10,521 crore in the same period a year ago, an 18% jump.
For the full year in FY25, net profit rose to Rs 2,001 crore from Rs 1,260 crore in FY24, a 59% jump.
Adani Green Energy Executive Director Sagar Adani said, "We are playing a pivotal role in India's renewable energy growth, which is evident from our historic 3.3 GW greenfield capacity addition in FY25. We contributed 16 per cent to the nation's utility-scale solar and 14 per cent to wind energy additions, setting new benchmarks for rapid, large-scale renewable energy deployment.
With the group's strong footprint in manufacturing and access to land and transmission approvals, Adani Green has the momentum to cross the 20 GW barrier in Fy27, before a relook can be done on the next 30 GW in three years, as transmission challenges will come to the fore as well by then possibly.