Orient Green Power Shares Tick Up 0.3% As Profit Rises 1%

Mumbai, November 11: Mumbai, November 11, 2026: Shares of Orient Green Power Company rose 0.3% after the firm reported a 1% rise in profit for the September quarter. The renewable energy company’s consolidated total income increased 8% year-on-year to ₹146.57 crore from ₹135.45 crore in the corresponding quarter last year. EBITDA rose 12% to ₹116.55 crore from ₹104.31 crore, while net profit increased 1% to ₹81.57 crore from ₹80.94 crore. The company also provided updates on its wind power expansion and repowering projects, including revised commercial operation timelines for projects being developed through its subsidiaries.

Orient Green Power Q2 FY27 Results Show Growth in Income and EBITDA

Orient Green Power reported improved operating performance during the September quarter, helped by better wind availability and incremental electricity generation from recently commissioned renewable energy projects. The company’s EBITDA margin increased to 80% from 77% in the year-ago quarter, reflecting stronger operating efficiency. However, the net profit margin declined to 56% from 60%, despite the marginal increase in absolute profit. For the first half of FY27, consolidated total income stood at ₹232.81 crore, compared with ₹228.89 crore in H1 FY26, representing 2% growth. EBITDA increased 4% to ₹176.56 crore from ₹170.23 crore, while net profit declined 4% to ₹105.51 crore from ₹109.58 crore. The company attributed the decline in half-year net profit partly to an exceptional one-time income of approximately ₹18 crore recorded in the previous financial year.

Key Financial Highlights

The company highlighted that improved wind conditions during the quarter helped offset the generation shortfall recorded in the previous quarter. Additional generation from newly commissioned solar and wind capacities also supported operational performance.

Orient Green Power Revises Wind Project Commissioning Timelines

Alongside its financial results, Orient Green Power announced revised commissioning schedules for two wind energy projects being executed through its subsidiaries. The company’s subsidiary, Beta Wind Farm Private Limited, is developing a 6.6 MW wind power capacity expansion project comprising two wind turbine generators of 3.3 MW each. Under the revised schedule, the first 3.3 MW turbine is expected to begin commercial operations by December 31, 2026, while the second turbine is scheduled for January 31, 2027. Another subsidiary, Clarion Wind Farm Private Limited, is executing a 7.8 MW wind repowering project, with commercial production now expected to commence by December 31, 2026. The company stated that commissioning remains subject to the necessary regulatory approvals. Orient Green Power has also successfully commissioned a 17.6 MW solar project, adding to the 7 MW solar capacity commissioned during the previous financial year. The company expects these capacity additions and its ongoing wind repowering initiatives to support electricity generation and operating performance over the coming years.

About Orient Green Power

Orient Green Power Company Limited is an Indian renewable energy company headquartered in Chennai, Tamil Nadu. The company develops and operates renewable power projects, primarily in the wind energy segment. Its operations span several Indian states, including Tamil Nadu, Andhra Pradesh, Gujarat and Karnataka. The company also has a presence in Croatia through a 10.5 MW wind farm. Orient Green Power continues to focus on expanding renewable energy capacity, improving generation efficiency and strengthening its position in India’s clean energy sector.

Conclusion

Orient Green Power’s Q2 FY27 results reflected moderate revenue growth and stronger operating earnings, supported by improved wind conditions and additional renewable energy generation. Although quarterly net profit increased only marginally, the company’s EBITDA growth and improved operating margin point to better operational performance. The commissioning of additional solar capacity and revised timelines for upcoming wind projects remain key developments for the business. Successful execution of these projects, subject to regulatory approvals, could support the company’s generation capacity and financial performance in future quarters.

Source: 

• https://www.nseindia.com/get-quote/equity/GREENPOWER/Orient-Green-Power-Company-Limited