Adani Enterprises Posts Highest-Ever Half-Year EBITDA of Rs. 11,958 Crore in H1 FY27 with 56% Growth
Solar module capacity expanded to 10 GW; Data Center business secures new 240 MW hyperscale order in Navi Mumbai
Adani Enterprises Ltd announces a 56% year-on-year growth in consolidated EBITDA to Rs. 11,958 crore for the half year ended September 30, 2026, driven by expanded solar module capacity to 10 GW and a new 240 MW hyperscale data center order in Navi Mumbai. The company's revenue rose 62% to Rs. 71,569 crore as key business segments scale operations and ramp up production.
Adani Enterprises Limited
Press Release / Media Release (Revised)
Adani Enterprises Limited reported its highest-ever consolidated EBITDA of Rs. 11,958 crore for the half year ended September 30, 2026, reflecting a 56% increase year-on-year, alongside a 62% rise in revenue to Rs. 71,569 crore. Key business achievements include expanding solar module capacity to 10 GW and signing a new 240 MW hyperscale data center order in Navi Mumbai.
The consolidated EBITDA jumped to Rs. 6,316 crore for Q2 FY27, up 62% year-on-year, driven by operational ramp-up in the solar energy and copper segments.
Revenue for Q2 FY27 rose 74% to Rs. 38,023 crore compared to the previous year, fueled by greater sales volumes and capacity expansions.
The ANIL Ecosystem saw a 15% increase in module sales to 1,478 MW in Q2 FY27, supported by the commissioning of a 4.3 GW TopCon solar module line in September 2026, bringing total capacity to 10 GW.
Copper plant sales volume surged fivefold to 80.6 KT during Q2 FY27, boosting segment earnings substantially.
AdaniConnex signed a significant new hyperscale data center order of 240 MW for Navi Mumbai, increasing its total tied-up capacity beyond 1.2 GW and operational capacity to 94.6 MW in the quarter, including commissions in Noida and Pune.
Highlights
- Consolidated H1 FY27 revenue reached Rs. 71,569 crore, a 62% increase year-on-year.
- EBITDA for the half year rose by 56% to Rs. 11,958 crore despite excluding a one-time Rs. 2,644 crore OFAC settlement in Q1 FY27.
- Profit before tax improved 45% to Rs. 3,297 crore for H1 FY27.
- Copper segment sales volume increased 5.2 times to 145.3 KT in H1 FY27.
- Airports business reported a 28% revenue increase to Rs. 7,549 crore in H1 FY27.
Key Data Snapshot
What happened
- Adani Enterprises achieved its highest-ever half-year EBITDA of Rs. 11,958 crore for H1 FY27, marking a 56% increase year-over-year.
- Consolidated revenue rose 62% year-on-year to Rs. 71,569 crore in H1 FY27.
- The company expanded its solar module production capacity to 10 GW by commissioning a new 4.3 GW TopCon solar module line in September 2026.
- AdaniConnex secured a new hyperscale data center order of 240 MW in Navi Mumbai, bringing total tied-up capacity to over 1.2 GW.
- Copper plant volumes increased fivefold to 80.6 KT in Q2 FY27 and 145.3 KT in H1 FY27, contributing strongly to EBITDA growth.
Key details
- Q2 FY27 revenue reached Rs. 38,023 crore, up 74% compared to Q2 FY26.
- Q2 FY27 EBITDA was Rs. 6,316 crore, up 62% year-on-year.
- Profit before tax for Q2 FY27 surged 146% to Rs. 2,002 crore.
- The Airports business showed a 28% revenue growth in H1 FY27, totaling Rs. 7,549 crore, with improved cargo handling by 9%.
- Incubating businesses like ANIL Ecosystem showed module sales growth of 15% for H1 FY27.
Operational performance
- Solar module sales increased 35% to 1,478 MW in Q2 FY27.
- The copper segment boosted sales volume 5.2 times year-on-year in H1 FY27 to 145.3 KT.
- Passenger movement across airports remained stable with a slight 1% decrease to 45.4 million in H1 FY27.
- Data center operational capacity increased to 94.6 MW in the quarter, including 10 MW in Noida and 19.2 MW in Pune delivered to customers.
Regulatory and governance context
- Company obtained a long-term credit rating upgrade to AA / Stable by CARE, the highest rating in its credit history.
- Results exclude a one-time OFAC settlement adjustment of Rs. 2,644 crore recorded in Q1 FY27.
Highlights
- Consolidated H1 FY27 revenue reached Rs. 71,569 crore, a 62% increase year-on-year.
- EBITDA for the half year rose by 56% to Rs. 11,958 crore despite excluding a one-time Rs. 2,644 crore OFAC settlement in Q1 FY27.
- Profit before tax improved 45% to Rs. 3,297 crore for H1 FY27.
- Copper segment sales volume increased 5.2 times to 145.3 KT in H1 FY27.
- Airports business reported a 28% revenue increase to Rs. 7,549 crore in H1 FY27.
Disclosures
- SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations
