KPI Green Energy Q2 Net Profit Dips 21% to Rs 92 Cr

New Delhi: KPI Green Energy on Friday reported a 21 per cent on-year decline in net profit to Rs 92 crore in the September quarter due to high depreciation and financing costs.

Total Revenue for Q2 FY 2026–27 stood at Rs 741 crore, up 16 per cent over Rs 641 crore recorded in Q2 FY 2025–26, driven by sustained execution momentum across renewable energy projects and a higher contribution from the IPP segment, the company said in an exchange filing.

According to the filing, Profit After Tax (PAT or net profit) stood at Rs 92 crore as against Rs 117 crore in Q2 FY 2025–26, down 21 per cent, reflecting the same elevated depreciation and financing costs, even as the company remained focused on profitable and sustainable long-term growth.

The KPI Green Energy sustained healthy growth momentum through Q2 FY 2026–27 and the half year ended September 30, 2026 (H1 FY 2026–27), supported by steady execution across its solar, wind, hybrid and Battery Energy Storage System (BESS) businesses, it stated.

The quarter’s performance reflects a rising contribution from the company’s expanding IPP asset base, consistent EPC execution, a robust order pipeline and deepening engagement with marquee customers across the broader renewable energy value chain, it stated.

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