Hot Pursuit     04-Sep-23
KPI Green Energy gains on bagging order from Gujarat Polyfilms
KPI Green Energy rose 1.25% to Rs 884.95 after the company received new order for executing solar power project of 9 MW capacity from Gujarat Polyfilms under captive power producer (CPP) segment of the company.
The project is scheduled to be completed in the financial year 2023-24, in various tranches as per the terms of the order.

KPI Green Energy (formerly known as K.P.I. Global Infrastructure) generates and sells solar power under 'Solarism' brand name in India. It develops, builds, owns, operates, and maintains solar power plants as an independent power producer and captive power producer.

The company's consolidated net profit surged 49.6% to Rs 33.26 crore on 54.8% jump in net sales to Rs 189.36 crore in Q1 FY24 over Q1 FY23

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