KPI Green Energy Shares Surge as Q3 Profit Soars 68% YoY; Announces Dividend and Expansion Plans

KPI Green Energy reported a 68% YoY increase in Q3 net profit to ₹85 crore, with revenue rising 39% to ₹458.3 crore. The company declared a ₹0.20 per share interim dividend, payable within 30 days of the February 18 record date. Expansion efforts continue with MoUs signed for renewable energy projects in Odisha and Rajasthan.

 

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KPI Green Energy Shares Surge as Q3 Profit Soars 68% YoY; Announces Dividend and Expansion Plans
KPI Green Energy Shares Surge as Q3 Profit Soars 68% YoY; Announces Dividend and Expansion Plans

KPI Green Energy Shares Surge as Q3 Profit Soars 68% YoY; Announces Dividend and Expansion Plans

KPI Green Energy Shares Hit Upper Circuit as Q3 Profit Jumps 68% to ₹85 Crore; Dividend Declared

KPI Green Energy Shares Surge as Q3 Profit Soars: 

KPI Green Energy reported a 68.28% surge in consolidated net profit, reaching ₹85.15 crore in the December 2024 quarter, compared to ₹50.6 crore in the same period last year.

 

Stock Performance

Following the announcement, KPI Green Energy’s stock hit its upper circuit limit of 5%, closing at ₹452.25 per share on the National Stock Exchange (NSE). The company’s market capitalization stood at ₹8,904.38 crore.

 

Financial Highlights (Q3 FY25 vs Q3 FY24)

  • Revenue from operations: ₹458.35 crore (up 38.8%) from ₹330.11 crore.
  • EBITDA: ₹137 crore (up 32%) from ₹104 crore.
  • EBITDA Margin: 30%, slightly lower than 31% in Q3 FY24.

 

Dividend Announcement

The company declared a third interim dividend of ₹0.20 per equity share, with a record date set for February 18, 2025. The dividend will be distributed within 30 days to eligible shareholders.

 

Expansion and MoUs

  • KPI Green Energy signed an MoU with the Odisha government to set up renewable energy parks.
  • Another MoU was signed with the Rajasthan government for hybrid, solar, and wind power projects.

 

KPI Green Energy Shares Surge as Q3 Profit Soars KPI Green Energy continues to expand its presence in the renewable energy sector, operating across both EPC and independent power producer (IPP) segments.

 

KPI Green Energy Reports Strong Q3 Results with 38.85% Revenue Growth

KPI Green Energy Shares Surge as Q3 Profit Soars KPI Green Energy’s consolidated net sales for the December 2024 quarter rose by 38.85% year-over-year to ₹458.36 crore, compared to ₹330.12 crore in December 2023.

The company’s net profit surged by 66.96% to ₹84.50 crore, up from ₹50.61 crore in the same quarter last year. EBITDA also saw a significant rise, reaching ₹144.60 crore, reflecting a 38% increase from ₹104.78 crore in December 2023.

However, the company’s earnings per share (EPS) declined to ₹6.44 from ₹13.73 in December 2023.

On February 4, 2025, KPI Green Energy shares closed at ₹430.75 on the NSE. Over the past six months, the stock has delivered a negative return of -33.78% and a -11.61% return over the last 12 months.

 

Quarterly Performance Overview (in ₹ crore):

  • Net Sales: ₹458.36 (Dec 2024) vs. ₹330.12 (Dec 2023)
  • EBITDA: ₹144.60 (Dec 2024) vs. ₹104.78 (Dec 2023)
  • Net Profit: ₹84.50 (Dec 2024) vs. ₹50.61 (Dec 2023)

 

KPI Green Energy Shares Surge as Q3 Profit Soars KPI Green Energy continues to expand its presence in the renewable energy sector, with a focus on solar and hybrid power generation.

 

KPI Green Energy Reports 67% YoY Profit Growth in Q3; Revenue Rises 39%

KPI Green Energy Shares Surge as Q3 Profit Soars KPI Green Energy Ltd delivered a strong performance in the December quarter, reporting a net profit of ₹85 crore, a 67% year-on-year increase.

The company’s revenue surged 39% to ₹458.3 crore, compared to ₹330 crore in the same quarter last year, driven by steady growth in its renewable energy business.

EBITDA stood at ₹137 crore, reflecting a 32% increase from ₹104 crore in Q3 FY24, supported by strong operational efficiency. However, the EBITDA margin slightly declined to 30% from 31% in the previous year.

KPI Green Energy announced a third interim dividend of ₹0.20 per share (4%) for FY 2024-25, with a record date set for February 18, 2025. The dividend will be distributed within 30 days of declaration.

Investor confidence in the company has grown, with retail shareholding rising from 20.95% in March 2024 to 22.58% in September 2024, while promoter holdings declined from 53.08% to 48.77%.

The company’s consistent earnings growth and increasing retail investor participation highlight its expanding presence in India’s renewable energy sector.

 

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