Electric Utilities company Adani Green Energy announced Q1FY25 results:
Financial Highlights:
- Revenue from Power Supply up by 24% YoY at Rs 2,528 crore
- EBITDA from Power Supply increases by 23% YoY to Rs 2,374 crore with industry-leading EBITDA margin of 92.6%
- Cash Profit up by 32% YoY at Rs 1,390 crore
Business Highlights:
- Operational capacity increases by 31% YoY to 10.9 GW with massive greenfield addition of 2.6 GW
- Operationalized wind power capacity of 250 MW at Khavda deploying India’s largest 5.2 MW wind turbine generator in July 2024. This takes total operational capacity at Khavda to 2.25 GW and total operational portfolio to 11.2 GW.
- Energy Sales increases by 22% YoY at 7,356 million units in Q1FY25
- Steady growth in generation at a CAGR of 49% over the last 4 years with increasing proportion of Merchant power
- Consistently generating electricity significantly above commitment under PPA
- Solar portfolio CUF at 25.4% backed by 99.4% plant availability
- Wind portfolio CUF at 36.2% backed by 96.8% plant availability
- Consistent high Hybrid portfolio CUF at 46.0% backed by 99.7% plant availability