KPI Green Energy delivered a robust financial performance in the third quarter ended December 31, 2025, supported by higher power sales and improved operational execution. The company reported strong year-on-year growth across revenue and profit metrics, reflecting sustained momentum in its renewable energy portfolio.
KPI Green Energy Q3 Revenue Growth YoY
KPI Green Energy’s revenue from operations for Q3 FY26 stood at ₹662.86 crore, compared with ₹458.36 crore in Q3 FY25. This marks a 44.6% YoY growth in operating revenue.
The sharp increase was primarily driven by higher electricity generation from captive power projects and improved realisation from power sale and services. Total revenue, including other income, rose to ₹676.05 crore in Q3 FY26 from ₹466.10 crore in the corresponding quarter last year, registering a 45.0% YoY increase.
EBITDA Growth and Margin Expansion
EBITDA for Q3 FY26 increased sharply to ₹234.3 crore, compared with ₹136.4 crore in Q3 FY25, registering a 72.0% YoY growth. The strong EBITDA expansion highlights significant operating leverage as revenue growth outpaced the rise in operating costs.
EBITDA margin improved to 35.3% in Q3 FY26 from 29.8% in Q3 FY25, reflecting better cost absorption, higher plant load factors, and an improved revenue mix.
Net Profit Growth YoY
KPI Green Energy reported a net profit of ₹125.80 crore for Q3 FY26, up from ₹85.15 crore in Q3 FY25. Net profit increased by 47.7% YoY, highlighting healthy bottom-line expansion.