KPI Green Energy Ltd's Q3FY25 Quarter Results
- 07 Feb 2025
Result Summary
- KPI Green Energy Ltd reported a 29.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 40.7%.
- Its expenses for the quarter were up by 33.0% QoQ and 35.3% YoY.
- The net profit increased 22.0% QoQ and increased 68.3% YoY.
- The earnings per share (EPS) of KPI Green Energy Ltd stood at 6.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 466.10 | 361.41 | 331.33 | 29.0% | 40.7% |
Total Expenses | 351.08 | 263.88 | 259.55 | 33.0% | 35.3% |
Profit Before Tax | 114.95 | 96.56 | 71.77 | 19.0% | 60.2% |
Tax | 29.80 | 26.73 | 21.16 | 11.5% | 40.8% |
Profit After Tax | 85.16 | 69.83 | 50.61 | 22.0% | 68.3% |
Earnings Per Share | 6.40 | 5.50 | 13.70 | 16.4% | -53.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
KPI Green Energy Ltd is a company primarily engaged in the renewable energy sector, focusing on the generation and supply of solar energy. The company's core offerings include the development, installation, and operation of solar power plants. As a player in the energy industry, KPI Green Energy Ltd contributes to sustainable energy solutions, aligning with global trends towards cleaner energy sources. While there are no specific recent developments provided here, companies in this sector often participate in governmental and private projects, enhancing their capacity and footprint in green energy production.
Revenue
In Q3FY25, KPI Green Energy Ltd reported total income of ₹466.10 crores, an increase from ₹361.41 crores in Q2FY25, marking a quarter-over-quarter growth of 29.0%. This also reflects a significant year-over-year growth of 40.7% compared to the total income of ₹331.33 crores in Q3FY24. The substantial increase in revenue over the year suggests that the company has effectively expanded its operations or increased its market share within the renewable energy sector. These figures highlight the company's ability to generate increased revenue over time, contributing to its overall financial performance.
Profitability
The profitability of KPI Green Energy Ltd is evident from its profit before tax, which stood at ₹114.95 crores in Q3FY25. This represents a quarter-over-quarter increase of 19.0% from ₹96.56 crores in Q2FY25, and a year-over-year increase of 60.2% from ₹71.77 crores in Q3FY24. After accounting for taxes of ₹29.80 crores, the profit after tax for Q3FY25 is ₹85.16 crores, up 22.0% QoQ and 68.3% YoY. The earnings per share for Q3FY25 were reported at ₹6.40, which although shows a 16.4% increase from ₹5.50 in Q2FY25, is significantly lower than ₹13.70 in Q3FY24, indicating a decrease of 53.3% YoY.
Operating Metrics
The total expenses for Q3FY25 were ₹351.08 crores, experiencing a 33.0% increase from ₹263.88 crores in Q2FY25, and a 35.3% rise from ₹259.55 crores in Q3FY24. This increase in expenses is consistent with the company's revenue growth, suggesting operational expansion. The effective tax rate, based on the profit before tax and tax figures, indicates a stable approach to tax liabilities. The company's ability to manage its expenses in proportion to its income is reflected in its profitability metrics, maintaining a positive trajectory of profit after tax growth across the periods compared.
