Juniper Green Energy Limited announced robust financial and operational results for the second quarter of FY27. The company saw its total income surge 2.3x year-on-year to ₹372 crore, with EBITDA reaching ₹340 crore, a 2.6x increase YoY. The EBITDA margin expanded significantly to 91%. Operationally, the company achieved a total RE and BESS capacity of 2,844 MWp + 604 MWh, with substantial commissioning during the quarter.
Juniper Green Energy Delivers Strong Q2 FY27 Performance
Juniper Green Energy Limited has released its financial and operational highlights for the second quarter ended September 30, 2026, showcasing significant growth and strategic advancements. The company reported a substantial increase in total income, which grew 2.3 times year-on-year to ₹372 crore. This strong revenue performance was complemented by a robust EBITDA of ₹340 crore, marking a 2.6x year-on-year increase.
Key Financial Metrics
The company’s profitability metrics showed considerable improvement. EBITDA margin expanded to 91% in Q2 FY27, up from 81% in the prior year’s second quarter. Profit After Tax (PAT) saw a turnaround from a loss of ₹18 crore in Q2 FY26 to a profit of ₹54 crore in Q2 FY27. Cash PAT also saw a significant jump, rising 3.9 times year-on-year to ₹153 crore.
Operational Capacity Expansion
Operationally, Juniper Green Energy continues its strong execution. The total RE + BESS capacity reached 2,844 MWp + 604 MWh as of the reporting date. During Q2 FY27, the company commissioned 316 MWp of RE capacity and approximately 100 MWh of BESS, aligning with its guidance. Year-to-date, the company commissioned 917 MWp of RE capacity (494 MWp Solar, 423 MW Wind) and ~503 MWh of BESS in H1 FY27.
Portfolio Growth and Development
The company’s total portfolio has grown substantially, reaching 11,218 MWp + 8,989 MWh BESS. This includes significant PPA signings and LoA receipts for new capacities. Notably, Juniper Green Energy commissioned 51 units of India’s largest wind turbines by rotor diameter (5 MW). The company also highlighted its connectivity capabilities with over 5,200 MW surplus connectivity available for future bids and over 16,000 acres of land for under-construction and awarded projects.
Debt and Credit Quality
In terms of debt, the total debt outstanding as of September 30, 2026, was ₹13,711 crore. The company has been actively refinancing debt, with over ₹2,550 crore refinanced at an average interest rate below 8% p.a. The Net Debt to Net Worth ratio stood at 2.22x. The credit quality of off-takers remains strong, with 98% of the portfolio secured through long-term PPAs from off-takers rated ‘A’ or above.
Source: BSE
