India's Adani Green Energy reported a 31% jump in first-quarter profit on Monday, driven by an increase in power sales and higher capacity utilisation, sending shares up 3.5%.

Adani Green Energy , the green energy arm of billionaire Gautam Adani, recorded a 31% increase in its quarterly net profit as its energy sales increased by 42% from the year-ago period, the company reported on Monday. The company is seen as a major player in India’s quest to achieve a 500-gigawatt green energy capacity by 2030.

Energy sales rose 42 percent YoY to 10,479 million units in Q1 FY26. - Operational RE capacity reached 15.8 GW, the highest in India. - EBITDA surged 31 percent to Rs 3,108 crore, backed by new greenfield projects.

Adani Green's energy sales increased 42% annually, propelled by robust capacity additions and strong operational performance.