Power stock hits 5% upper circuit after its net profit grows by 185% YoYPower stock hits 5% upper circuit after its net profit grows by 185% YoY

Introduction:

Leading power company reported a remarkable 184.99% YoY surge in net profit to ₹26.39 crore for Q3 FY25. Revenue from operations soared 156.78% to ₹211.77 crore, reflecting strong growth and increasing demand in the renewable energy sector.

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Share price movement of K.P. Energy:

On February 6, 2025, K.P. Energy Ltd opened at ₹423.05, up 0.75% from its previous close of ₹419.95. The stock hit a high of ₹440.90 (4.99%) and a low of ₹415.00. By 2:51 PM, it traded at ₹440.90, with a market cap of ₹2,940.36 crore.

K.P. Energy Reports 185% Surge in Net Profit for Q3 FY25:

K.P. Energy Ltd posted a remarkable 184.99% YoY rise in net profit to ₹26.39 crore for the December 2024 quarter, compared to ₹9.26 crore in the same period last year. Sequentially, profit grew from ₹24.9 crore in September 2024.

The company’s revenue from operations surged 156.78% YoY to ₹211.77 crore in Q3 FY25, up from ₹82.47 crore in December 2023. Strong operational growth and increasing demand for renewable energy projects contributed to this significant revenue expansion.

Total income also saw a sharp increase, reaching ₹212.6 crore in December 2024, up from ₹83.3 crore a year ago and ₹202 crore in the previous quarter. This growth reflects K.P. Energy’s expanding footprint in the renewable energy sector.

Stock performance of K.P. Energy for Period of 1 week, 6 months and 1 year:

K.P. Energy Ltd has shown strong performance, with a 17.1% return over the past week. The stock has gained 7.96% over the past six months and 16.6% over the last year, reflecting steady growth and investor confidence.

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Shareholding pattern of K.P. Energy:

All values in %	Dec 2024	Sep 2024	Jun 2024
Promoter	45.00%	45.00%	45.00%
FII	0.60%	0.50%	0.40%
DII	0.90%	0.10%	0.00%
Public	54%	55%	54.60%

About K.P. Energy:

K.P. Energy Ltd (NSE: KPEL), part of the KP Group, develops wind and solar power infrastructure, including wind farms and solar plants. It operates as an Independent Power Producer (IPP) primarily in Gujarat, focusing on renewable energy projects.

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 quotted are exemplary and are not recommendatory.