Archive · 23 Jul 2026
Adani Green Shares Fall Despite Strong Q1 Results
Adani Green Energy's share price fell by more than 5% despite reporting strong earnings for the quarter ended June 2026.
The company saw a 19% increase in net profit and a 16% rise in revenue from operations.
However, concerns over power curtailment and transmission infrastructure issues led to the decline.
The company is expanding its renewable energy capacity and plans to achieve 30 GW by 2029.
Analysts have mixed views, with Bernstein maintaining an 'Underperform' rating and JM Financial setting a target price of ₹1,549.
Adani Green Energy's share price fell 5.4% despite strong Q1 results.
Net profit increased by 19% year-on-year to ₹845 crore.
Revenue from operations rose 16% to ₹4,663 crore.
Power supply EBITDA grew 33% year-on-year to ₹4,122 crore.
Operational renewable energy capacity increased 27% to 20,142 MW.
- Who
- Adani Green Energy
- What
- Share price decline despite strong Q1 results
- When
- Quarter ended June 2026
- Where
- India
- Why
- Concerns over power curtailment and reduced EBITDA
Buy
Sell
Company Performance
Buy
Strong operational performance with significant capacity expansion and increased revenue.
Sell
Concerns over power curtailment and reduced EBITDA due to transmission infrastructure issues.
Future Prospects
Buy
Strong momentum with plans to achieve 30 GW of renewable energy capacity by 2029.
Sell
Future value creation shifted to Adani Energy Solutions, reducing upside potential for shareholders.
- Share Price Decline
- 5.4%
- Net Profit Increase
- 19% year-on-year
- Revenue from Operations
- ₹4,663 crore
- Power Supply EBITDA
- ₹4,122 crore
- Operational Renewable Energy Capacity
- 20,142 MW
- Energy Sales
- 13,657 million units
- Khavda Project Capacity
- 10.3 GW
- Bernstein Rating
- Underperform
- JM Financial Target Price
- ₹1,549