KPI Green Energy Ltd’s subsidiary, Sun Drops Energia Pvt Ltd, has landed new orders to develop solar power projects totaling 15.9 MW. These projects, which will serve industrial clients under the company’s captive power producer segment, mark another milestone in its clean energy expansion.
New Orders Bolster KPI Green Energy’s Growth
Sun Drops Energia Pvt Ltd has received letters of award from several industrial clients for solar power projects. The clients include:
- Mexo Fiber Pvt Ltd
- Rayons Pvt Ltd
- Maharaja Industries
- Gautam Casting Industries Pvt Ltd
- Gautam Technocast
- Shrirajlaxmi Denim
- Kartik Dyeing
These projects are scheduled for phased execution across the 2025-26 financial year. While the exact timelines for completion vary, the agreements ensure a steady stream of clean energy supply for these industrial units.
KPI Green Energy, through its subsidiary, has been actively securing captive solar power deals, allowing industries to meet sustainability goals while reducing long-term energy costs.
Strong Financial Performance in Q3 FY25
KPI Green Energy recently posted a robust set of financial results for the third quarter of the 2024-25 fiscal year. The numbers reflect significant growth across key metrics:
- Net Profit: ₹85 crore, up 67% YoY
- Revenue: ₹458.3 crore, rising 39% YoY
- EBITDA: ₹137 crore, marking a 32% YoY increase
- EBITDA Margin: 30%, slightly down from last year’s 31%
This performance underscores the company’s strong execution and rising demand for renewable energy solutions. Despite a minor drop in EBITDA margin, the revenue and profit surge signals sustained momentum in its operations.
Dividend Announcement and Key Dates
In addition to its operational and financial achievements, KPI Green Energy has declared a third interim dividend of 4% (₹0.20 per share) for FY 2024-25. The key details for shareholders:
- Record Date: February 18, 2025
- Dividend Payout Timeline: Within 30 days from the declaration date
The move aligns with the company’s commitment to rewarding shareholders while continuing its investment in solar expansion.
Expanding Footprint in the Renewable Sector
KPI Green Energy has been actively growing its presence in India’s renewable energy landscape. The company’s captive power model helps industries transition to sustainable energy sources without heavy upfront capital expenditures.
With India’s push for cleaner energy and increasing corporate sustainability mandates, KPI Green Energy is positioned to capitalize on the shift. The latest 15.9 MW project orders add to its growing portfolio, reinforcing its role as a major player in the sector.
