KPI Green Energy Soars 5% on Q1 Results: Revenue and Profits Double, Dividend Announced!KPI Green Energy Soars 5% on Q1 Results: Revenue and Profits Double, Dividend Announced!

KPI Green Energy witnessed a striking 5% increase in share price, reaching an upper circuit limit after announcing stellar Q1 results. Revenue soared by 83% to ₹350 crore in Q1FY25, compared to ₹191 crore the previous year, marking a significant milestone in the company’s financial performance.

Profit After Tax (PAT) for KPI Green Energy doubled to ₹66 crore in the recent June quarter from ₹33 crore a year prior. This exceptional growth underscores the company’s robust operational efficiency and strong market positioning during the period.

Operating profit, calculated as EBITDA, also saw an impressive 86% jump to ₹132 crore in Q1FY25, up from ₹71 crore in Q1FY24. This increase reflects the company’s effective cost management and operational optimizations contributing to overall profitability.

KPI Green Energy’s board of directors approved a 4% interim dividend, amounting to ₹0.2 per equity share for FY24-25. The announcement highlights the company’s commitment to delivering shareholder value amidst its financial success.

The company confirmed that the dividend payment, slated within 30 days post-declaration, would be distributed to shareholders registered as of August 21. This move is part of KPI Green Energy’s strategy to maintain investor confidence and share its financial success.