Green energy stock hits 5% upper circuit after its net profit increases by 67% YoYGreen energy stock hits 5% upper circuit after its net profit increases by 67% YoY

Introduction:

Leading green energy company reported a strong 67% YoY increase in net profit to ₹85 crore for the December quarter. Revenue surged 39% to ₹458.3 crore, while EBITDA rose 32% to ₹137 crore. A third interim dividend of ₹0.20 per share was announced.

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Share price movement of KPI Green Energy:

On February 6, 2025, KPI Green Energy Ltd opened at ₹438.15, rising 5.00% from its previous close of ₹431.10. The stock hit a high of ₹452.65 and a low of ₹417.15. By 2:34 PM, it traded at ₹452.65, with a market cap of ₹8,912.25 crore.

KPI Green Energy Reports Strong Q3 Growth:

KPI Green Energy Ltd. posted a robust 67% year-on-year rise in net profit to ₹85 crore for the December quarter. Revenue grew by 39% to ₹458.3 crore, up from ₹330 crore in the same period last year, highlighting strong operational performance.

The company’s EBITDA rose 32% YoY to ₹137 crore from ₹104 crore, though the EBITDA margin slightly declined to 30% from 31%. KPI Green Energy’s sustained growth reflects its strong market position and operational efficiency in the renewable energy sector.

Additionally, the company announced a third interim dividend of ₹0.20 per share (4%) for FY25. The record date for the dividend payment is set for February 18, 2025, ensuring shareholders benefit from the company’s strong financial performance.

Recent news on KPI Green Energy:

As of January 30, 2025, KPI Green Energy Ltd signed a contract with Coal India Limited to develop a 300 MW solar PV plant in Gujarat’s Khavda region. The ₹1,311.40 crore project includes five years of operation and maintenance services.

Stock performance of KPI Green Energy for Period of 1 week, 6 months and 1 year:

KPI Green Energy Ltd delivered a strong 29.3% return over the past week, reflecting positive momentum. However, its six-month return stands at -36.3%, while the one-year return is -10.4%, indicating volatility in the company’s stock performance over the longer term.

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Shareholding pattern of KPI Green Energy:

All values in %	Dec 2024	Sep 2024	Jun 2024
Promoter	48.80%	48.80%	53.10%
FII	9%	10%	6%
DII	1.90%	1.60%	0.30%
Public	41%	39.80%	40.50%

About KPI Green Energy:

KPI Green Energy Ltd (NSE: KPIGREEN), incorporated in 2008, develops, owns, and operates renewable energy projects, including solar and wind-solar hybrids. It functions as an Independent Power Producer (IPP) and also serves Captive Power Producers (CPPs) under its ‘Solarism’ brand.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.