KPI Green Energy Limited announced its financial results for the second quarter and half-year ended September 30, 2026. The company reported a 16% year-on-year increase in total income for Q2 FY27, reaching ₹741 crore, compared to ₹641 crore in Q2 FY26. EBITDA also saw a substantial 22% rise to ₹283 crore. The presentation also detailed significant progress in its project pipeline and operational capacity, emphasizing a strong outlook.
Financial Highlights for Q2 FY27
KPI Green Energy Limited has released its financial performance for the second quarter and first half of the fiscal year 2027. The company demonstrated robust growth, with a 16% year-on-year increase in total income for the second quarter ending September 30, 2026. Total income stood at ₹741 crore, up from ₹641 crore in the same period last year. The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) also showed a significant improvement, growing by 22% year-on-year to ₹283 crore from ₹232 crore.
Half-Yearly Performance (H1 FY27)
For the first half of FY27, KPI Green Energy reported a total income of ₹1,451 crore, marking a 15% increase compared to H1 FY26. The company’s EBITDA for the half-year period reached ₹545 crore, a rise of 21% year-on-year. While Profit After Tax (PAT) saw a decline of 21% to ₹92 crore in Q2 FY27 and 18% to ₹187 crore in H1 FY27, the company attributed this to increased depreciation and finance costs associated with its expanding asset base, with full earnings expected to materialize later in the year.
Capacity and Portfolio Expansion
The investor presentation also detailed the company’s strong execution pipeline and expanding portfolio. Total capacity has grown to approximately 8.33 GW. Key updates include the commissioning of 1.96 GW of pipeline capacity and booking 4.18 GW of new orders within a single year. The company continues to scale its operations across both IPP and EPC segments, with a focus on solar, wind, hybrid, and Battery Energy Storage Systems (BESS). The IPP portfolio stands at 3.22 GW, while the EPC segment has reached 5.11 GW.
Future Outlook and Strategic Growth
KPI Green Energy highlighted its strategic growth platforms, including Battery Storage (BESS), Floating Solar, and Energy Trading. The company is expanding its integrated cell manufacturing and BESS assembly capabilities, aiming for a 10 GWh scale by FY28. The company also showcased its commitment to humanitarian services and its strong client base, reinforcing its position as a leading renewable energy developer in India.
Source: BSE
