The company's net profit grew by 68.4% from last year to ₹111.3 crore, from ₹66
Revenue for the quarter increased by 73% to ₹603 crore from ₹348 crore during the same quarter last year. This was the highest quarterly revenue reported by the company for the fifth quarter in a row.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter increased by 55.6% on a year-on-year basis to ₹206 crore. However, margins narrowed to
The management attributed the growth to consistent execution strength, strong customer relationships, and increasing scale across both solar and hybrid project portfolio.
During the quarter, the KP Group has also signed three MoUs with Delta Electronics to collaborate on Battery Energy Storage Systems, Green Hydrogen and EV Charging Infra, and Advanced solar PV Inverters.
Shares of KPI Green Energy are recovering from the lows of the day, currently trading 2.5% lower at ₹526.95. The stock is