Mumbai: Adani Green Energy Ltd (AGEL), a leading renewable energy arm of the Adani Group, reported a 25.54% rise in its consolidated net profit to ₹383 crore for the March quarter, up from ₹305 crore a year earlier, driven by higher revenues.

For the full financial year 2024–25 (FY25), AGEL’s net profit rose sharply to ₹2,001 crore, compared to ₹1,260 crore in FY24. The company’s total income also increased to ₹12,422 crore in FY25 from ₹10,521 crore in the previous year.

In the March quarter alone, total income climbed to ₹3,278 crore, up from ₹2,841 crore during the same period last year, according to the company’s regulatory filing.

Adani Green Energy, which develops and operates utility-scale solar, wind, hybrid, and energy storage projects, continues to expand its clean energy portfolio at a rapid pace.

“We are playing a pivotal role in India's renewable energy growth, evident from our historic 3.3 GW greenfield capacity addition in FY25. We contributed 16% to the nation’s utility-scale solar and 14% to wind energy additions, setting new benchmarks for large-scale deployment,” said Sagar Adani, Executive Director of AGEL.

In corporate developments, the company’s board has approved the re-appointment of Vneet S Jaain as Managing Director for another five-year term starting July 10, 2025, subject to shareholder approval. Additionally, Raminder Singh Gujral has been re-appointed as an Independent Director for a second three-year term from the same date.