KPI Green Energy Limited has reported robust financial results for the third quarter (Q3 FY25) ending December 31, 2024. The company’s net profit jumped 68% year-on-year (YoY) to Rs 85.15 crore from Rs 50.60 crore in the corresponding quarter of the previous fiscal year. The impressive performance is attributed to strong operational growth and revenue from the sale of captive power projects.
Key Financial Highlights for Q3 FY25 (December 31, 2024)
- Revenue from Operations: Rs 458.35 crore, up 38.9% YoY compared to Rs 330.11 crore in Q3 FY24.
- Revenue from the sale of captive power projects significantly increased to Rs 399.74 crore, compared to Rs 278.33 crore in the same period last year.
- Total Revenue: Rs 466.09 crore, up 40.7% YoY from Rs 331.32 crore in Q3 FY24.
- Profit Before Tax (PBT): Rs 114.99 crore, reflecting a 60.2% YoY increase from Rs 71.77 crore in Q3 FY24.
- Net Profit: Rs 85.15 crore, up 68% from Rs 50.60 crore in the year-ago period.
Nine-Month Performance (April-December 2024)
- Total Revenue: Rs 1,773.57 crore, up from Rs 1,173.75 crore during the same period last year.
- Net Profit: Rs 221.09 crore, compared to Rs 118.61 crore YoY, showcasing a robust 86.4% growth.
Operational Efficiency
- Cost of materials consumed: Rs 256.02 crore, up from Rs 178.45 crore YoY.
- Employee benefits expense: Rs 12.74 crore, reflecting higher manpower utilization to meet project demands.
Outlook
KPI Green Energy’s strong quarterly performance reflects its ability to scale projects effectively while expanding its footprint in the renewable energy sector. The company is expected to continue its growth trajectory through its strategic project pipeline and focus on clean energy solutions.
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