KPI Green Energy develops and maintains grid-connected solar power projects and sells power units generated from the company's solar plants.
The company’s consolidated net profit surged 98.76% to Rs 66.11 crore in Q1 FY25 as compared to Rs 33.26 crore recorded in Q1 FY24. Revenue from operations climbed 83.78% year on year (YoY) to Rs 348.01 crore in Q1 FY25.
Shares of KPI Green Energy shed 0.89% to currently trade at Rs 798.40 on the BSE.