Published on 14/05/2025 10:29 AM
KPI Green Energy Q4 Results: Stock jumps 7% after profit more than doubles, revenue up 97%KPI Green intends to focus on focus on large scale projects and strategic acquisition of land within the vicinity of the PE sub-station. It is also aiming for geographical diversification, and expand its MSME clientele.By Hormaz Fatakia May 14, 2025, 10:29:52 AM IST (Published)2 Min ReadShares of KPI Green Energy Ltd. gained as much as 7% on Wednesday, May 14, in response to its quarterly results, where its topline and bottomline nearly doubled from the same quarter last year.
Net profit for KPI Green increased by 130% from the same quarter last year to ₹99.4 crore. The growth in profitability was led by strong topline growth during the quarter.
Revenue for the period nearly doubled for KPI Green, in comparison to the year-ago quarter, rising 97% to ₹569.4 crore.
KPI Green's Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased by 77% on a year-on-year basis to ₹161 crore, but margins narrowed by over 300 basis points to 28.3% from 31.5%.
The company, in its investor presentation spoke about the MoUs it has signed with the state governments of Odisha, Rajasthan and Madhya Pradesh, to establish renewable energy parks, hybrid solar & wind power projects, and renewable energy projects respectively.
A combination of installed and upcoming integrated and captive power capacity has taken KPI Green's total capacity to 3.9 GW.
KPI Green intends to focus on focus on large scale projects and strategic acquisition of land within the vicinity of the PE sub-station. It is also aiming for geographical diversification, and expand its MSME clientele.
BESS Solutions investment, offshore wind power, green hydrogen and floating solar are some of the key sectors highlighted by KPI Green for its future growth in its investor presentation.
Shares of KPI Green Energy are trading 7% higher on Wednesday after its results at ₹444.25. The stock is still down 20% so far for 2025 and trades well below its 52-week high of ₹745.33.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsKPI Green Energyshare market today