Advanced Enzymes Technologies has approved collaboration for a Group Captive Wind Power Plant, investing up to 26% equity. The board also approved unaudited financial results for Q3 2026, with total income at ₹1,804.18 million and net profit at ₹431.83 million. This strategic shift focuses on renewable energy and reported earnings showcasing consistent performance for the quarter.
Strategic Investment in Renewable Energy
Advanced Enzymes has approved a collaboration for setting up a Group Captive Wind Power Plant. The company will invest up to 26% equity stake in a Special Purpose Vehicle (SPV) as a captive user of renewable energy. Consequently, the company will not proceed with the previously planned solar power project.
Financial Performance – Q3 2026
The Board of Directors approved the unaudited financial results for the quarter ended December 31, 2025 (Q3 2026). Key highlights from the consolidated results:
- Total Income: ₹1,804.18 million
- Profit Before Tax: ₹470.45 million
- Net Profit: ₹431.83 million
Financial Performance – Nine Months Ended December 31, 2025
Key highlights from the consolidated results for the nine months ended December 31, 2025:
- Total Income: ₹5,699.94 million
- Profit Before Tax: ₹1,614.86 million
- Net Profit: ₹1,283.56 million
Source: BSE
