KPI Green Energy Limited has been in focus on Thursday. On February 27, 2025, KPI Green Energy share price (NSE: KPIGREEN) opened at ₹410.00, up from its previous close of ₹397.65. At 10:09 AM, the share price of KPI Green Energy was trading at ₹400.55, up by 0.73% on the NSE.
KPI Green Energy announced on February 25, 2025, that KP Group signed a Memorandum of Understanding (MoU) with the New and Renewable Energy Department of Madhya Pradesh.
The MoU, signed during the Global Summit 2025 in Bhopal, aims to establish 1.8 GW of renewable energy projects, including solar, wind, hybrid, BESS, and biomass-based initiatives. This strategic collaboration highlights KPI Green Energy’s commitment to advancing India’s renewable energy landscape and aligns with the state and national clean energy targets.
In Q3 FY 2024-2025, the company reported a total revenue of ₹466.1 crore, reflecting a substantial 40.6% increase from ₹331.33 crore in Q3 FY 2023-2024. This growth was driven by expanded project execution, increased capacity utilisation, and favourable market conditions.
Additionally, EBITDA stood at ₹144.54 crore, marking a strong 38% rise compared to ₹104.77 crore in the same period last year, showcasing the company’s operational efficiency and profitability.
The company also recorded a Profit After Tax (PAT) of ₹85.15 crore, reflecting an impressive 68.26% growth from ₹50.6 crore in Q3 FY 2023-2024.
KPI Green Energy’s partnership with the Madhya Pradesh government reinforces its commitment to renewable energy expansion. This move is expected to strengthen its growth prospects.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Feb 27, 2025, 10:23 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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