Shares of KPI Green Energy Ltd surged 8% on 14 May after the company announced its quarterly earnings for January-March.
The company posted a net profit of Rs 99.1 crore in the January-March quarter of FY25, up from Rs 43 crore in the same period last year, representing a 130% increase. In the current quarter, revenue from operations increased by 96% to Rs 569.4 crore, resulting in an increase in the bottom line. In Q1 of the previous year, the company generated a revenue of Rs 289.3 crore.
The company’s EBITDA (earnings before interest, taxes, depreciation, and amortisation) increased by 73% to Rs 161 crore in the March quarter. However, the EBITDA margins during the quarter contracted to 28.3%, down from 32.3% previously.
In its regulatory filing, the company said, “KPI Green Energy has closed FY25 on a historic note, surpassing all previous annual financial benchmarks. Notably, the PAT for FY25 alone exceeds the total annual revenue of FY22, reflecting the company’s exceptional growth trajectory.”
The business identified battery energy storage solutions, offshore wind projects, green hydrogen projects, and advances in floating solar as major future growth categories in its investor presentation.
The business declared a final dividend of Rs 0.20 per equity share with a face value of Rs 5 each for FY25.
KPI Green Energy is a multifaceted solar energy company that specialises in power generation as an Independent Power Producer (IPP), turnkey solutions for Captive Power Producers (CPP), and operations and maintenance (O&M) services.
At 1:29 pm, the shares of KPI Green Energy were trading 5.40% higher at Rs 437.30 on NSE.
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