Adani Green Q3 profit trips 99% on higher sales in spot market, interest cost
Adani Green Energy Ltd, the renewable energy arm of the Adani Group, barely made a profit during the quarter ended 31 December as high sales in the spot market, where prices are subdued, and high interest costs ate into the company’s margins.
The company’s consolidated net profit in the third quarter of fiscal year 2026 (Q3 FY26) tumbled to ₹5 crore from ₹474 crore during the corresponding quarter last year. However, revenue from operations rose over 9% year-on-year to ₹2,618 crore in the same period.
