Adani Green Energy Limited — Results, 27-01-2025: Integrated Filing- Financial
Adani Green Energy Limited has announced financial results for the quarter and nine months ended December 31, 2024, showcasing a robust growth trajectory. Revenue from power supply surged by 18% YoY to ₹6,829 crores, driven by a 23% increase in energy sales, totaling 20,108 million units. The company achieved an impressive EBITDA of ₹6,366 crores, marking an 18% rise, and maintained an industry-leading EBITDA margin of 92%. This performance reflects significant operational efficiencies supported by a strategic focus on expanding its renewable energy capacity to 11,609 MW, up 37% YoY. Investor sentiment may remain optimistic given the solid growth figures and the ongoing development of large-scale renewable projects. Potential opportunities lie ahead with planned deployments of Battery Energy Storage Systems to complement existing assets.
