Advanced Enzymes has approved a collaboration for a Group Captive Wind Power Plant, investing up to 26% equity stake in a Special Purpose Vehicle (SPV). This decision leads to abandoning the previously planned solar power project. The company also released its unaudited financial results for Q3 2026, showing a revenue from operations of ₹1,719.49 million and a net profit of ₹431.83 million.
Wind Power Plant Collaboration
Advanced Enzymes has approved a collaboration with a developer to set up a Group Captive Wind Power Plant through a Special Purpose Vehicle (SPV). The company will invest up to 26% equity stake in the SPV, acting as a Captive User along with other consumers. As a result of this collaboration, the company will not proceed with its previously planned group captive Solar power project.
Q3 2026 Financial Results
The company approved the unaudited financial results for Q3 2026 (October-December), both standalone and consolidated. Key highlights from the consolidated results include:
- Revenue from operations: ₹1,719.49 million
- Other Income: ₹84.69 million
- Total Income: ₹1,804.18 million
- Profit before tax: ₹582.91 million
- Tax expense: ₹151.08 million
- Net profit for the period: ₹431.83 million
Key Financial Figures (Nine Months Ended December 31, 2025)
The consolidated results for the nine months ending December 31, 2025, show the following:
- Revenue from operations: ₹5,423.90 million
- Total Income: ₹5,699.94 million
- Profit before tax: ₹1,727.32 million
- Net profit for the period: ₹1,283.56 million
Standalone Financials
Key figures from the standalone results for Q3 2026 include:
- Revenue from operations: ₹955.84 million
- Total Income: ₹968.78 million
- Profit before tax: ₹178.16 million
- Net profit for the period: ₹132.48 million
Source: BSE
