KPI Green Energy's Net Profit Doubles in June Quarter of FY25

KPI Green Energy reported a significant rise in consolidated net profit to Rs 66.11 crore for the June quarter of FY25, driven by higher income. The company's total revenue also increased to Rs 349.85 crore. An interim dividend of 0.20 paisa per equity share has been approved, with a record date set for August 21, 2024.

KPI Green Energy on Thursday posted a two-fold rise in consolidated net profit to Rs 66.11 crore during the June quarter of FY25, mainly on account of higher income.

It had reported a net profit of Rs 33.26 crore during the April-June period of the preceding 2023-24 fiscal, the company said in an exchange filing.

The company's total revenue rose to Rs 349.85 crore from Rs 190.56 crore in the year-ago quarter.

The board also approved an interim dividend of 0.20 paisa per equity share having a face value of Rs 5 each for the financial year 2024-25.

The Record date for payment of this interim dividend is August 21, 2024.

Based in Gujarat, KPI Green Energy Limited (formerly known as KPI Global Infrastructure Limited), is a leading renewable power generating company.

(With inputs from agencies.)