KPI Green Energy Ltd reported a consolidated net profit of ₹1.17 billion for Q2 FY2026, with revenue from operations rising to ₹6.34 billion. The company’s strong performance was driven by hybrid power project execution, robust solar EPC demand, and expanding IPP capacity across Gujarat and Rajasthan.
KPI Green Energy Ltd, a Surat-based renewable energy player, delivered a robust Q2 FY2026 performance, posting revenue from operations of ₹6.34 billion and a net profit of ₹1.17 billion. The company continues to scale its hybrid power portfolio, combining solar and wind assets under its IPP (Independent Power Producer) model.
The quarter saw significant traction in solar EPC contracts, with rising demand from industrial and commercial clients seeking green energy solutions. KPI Green also expanded its captive power capacity, leveraging favorable policy tailwinds and land availability in Gujarat and Rajasthan.
Management reaffirmed its target of adding 2.4 GW renewable capacity by FY2026, with over 2,400 MW already in the pipeline. The company’s EBITDA margin remained strong at 32.8%, reflecting operational efficiency and disciplined execution.
Key Highlights:
-
Revenue from Operations: ₹6.34 billion
-
Net Profit: ₹1.17 billion
-
EBITDA Margin: 32.8%
-
Growth Drivers: Hybrid IPP projects, solar EPC demand, captive expansion
-
Strategic Focus: 2.4 GW capacity addition, land bank utilization, policy alignment
-
Outlook: Positive on industrial green energy demand and regulatory support
KPI Green’s Q2 results underscore its leadership in India’s evolving hybrid renewable energy landscape.
Sources: LiveMint, KPI Green Energy Financials, Mercom India