India's Adani Green shares rise after posting higher Q4 profit,revenue

Adani Green Energy

24/04/2026 10:53

** Adani Green Energy ADNA.NS shares rise 2.5% to 1,244 rupees, on track for third consecutive day of gains

** Co posts consolidated profit of 5.14 billion Indian rupees ($54.52 million) for Q4, up from 3.83 billion rupees a year ago

** Revenue climbs about 14% to 37.27 billion rupees from 32.78 billion last year

** India is aggressively expanding renewable energy to meet its climate goals, including a target of 500 gigawatts of non-fossil capacity by 2030 benefiting co's like Adani Green

** ADNA holds a trailing 12-months PE of 112.76 vs industry median of 19.25

** YTD, stock up 22%, compared to a 13% rise in the Nifty Energy Index .NIFTYENR

($1 = 94.2825 Indian rupees)

(Reporting by Abhinav Parmar)

((Abhinav.Parmar@thomsonreuters.com;))