KPI Green Energy Reports 60% Surge in 9M Net Profit to ₹354 Crore and Declares Third Interim Dividend

Mumbai, 21 January 2026: KPI Green Energy Limited (BSE: 542323, NSE: KPIGREEN) announced robust financial results for the third quarter and the first nine months of FY26, alongside a dividend declaration, following its board meeting today. The renewable energy major posted a 60% year-on-year increase in consolidated net profit for the nine-month period, reaching ₹354 crore, driven by strong execution and a growing portfolio.

Robust Nine-Month Performance with 64% Revenue Growth

For the nine months ending 31 December 2025, KPI Green Energy’s consolidated total income surged by 64% to ₹1,931 crore, up from ₹1,177 crore in 9M FY25. Revenue from operations grew 63% to ₹1,900 crore. Earnings before interest, tax, depreciation, and amortisation (EBITDA) saw a significant 71% growth to ₹701 crore, with margins improving. The company’s profit before tax (PBT) expanded by 58% to ₹477 crore. Basic earnings per share (EPS) for the period stood at ₹16.77, a 46% increase from ₹11.51 in the prior year period.

Q3 FY26 Results Mark Seventh Consecutive Quarter of Record Revenue

The company reported its seventh consecutive quarter of highest-ever revenue. In Q3 FY26, consolidated total income grew 45% year-on-year to ₹676 crore, while revenue from operations rose to ₹663 crore. EBITDA for the quarter more than doubled, showing a 73% jump to ₹251 crore from ₹145 crore in Q3 FY25. Profit before tax (PBT) increased 48% to ₹170 crore. Net profit for the quarter stood at ₹126 crore, a 48% increase from ₹85 crore in Q3 FY25. Basic EPS for the quarter rose to ₹5.97 from ₹4.29.

Board Approves Third Interim Dividend of 4% for FY 2025-26

In a move to share profits with shareholders, the Board declared a third interim dividend of 4%, translating to ₹0.20 per equity share of face value ₹5. The record date for the dividend payment is set for 28 January 2026, and the dividend will be paid within 30 days from the date of declaration.

Operational Metrics Show Expansion with Land Bank and Evacuation Capacity

Supporting its financial growth, the company’s operational resources expanded significantly. Its land bank increased to 6,999+ acres as of December 2025, from 5,946 acres in March 2025. Simultaneously, its power evacuation capacity grew to 3,575+ MW, up from 3,264 MW at the end of the last fiscal year, providing a strong foundation for future project execution.

Strategic Expansion and Major Order Wins Fuel Growth Momentum

The company highlighted a series of strategic wins, including a ₹3,200 crore sanction from the State Bank of India for over 1 GWp of solar and hybrid projects. It also secured orders for a 150 MW wind power project with GUVNL, a 142 MW floating solar EPC contract, and a 200 MW solar power project from SJVN. Furthermore, its subsidiary received a letter of intent from GUVNL for 445 MW / 890 MWh standalone battery energy storage system (BESS) projects.

KPI Green Energy Share Price Decline 2% During Afternoon Trade

On the NSE, KPI Green Energy Ltd share price was trading at ₹434.00 at 2:19 pm IST, reflecting a decline of ₹8.85 or 2.00% for the day. The stock opened at ₹440.00, touched a high of ₹458.55, and fell to a low of ₹419.80 during the session. The company has a market capitalisation of ₹9.00 thousand crore and a P/E ratio of 22.30. Its 52-week high is ₹563.00 and 52-week low is ₹313.40. KPI Green Energy offers a dividend yield of 0.20%, with a quarterly dividend amount of ₹0.22.

References: https://www.bseindia.com/xml-data/corpfiling/AttachLive/c9c01c3f-a5c9-4211-aaf7-f93003f2d0cc.pdf

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