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Business Standard
2 days ago
- Business
- Business Standard
KPI Green gains after arm inks three strategic MoUs with Delta Electronics
KPI Green Energy rose 2.21% to Rs 514.35 after its parent company, KP Group, signed three strategic Memoranda of Understanding (MoUs) with Delta Electronics to bolster India's clean energy ecosystem. The collaboration focuses on battery energy storage systems (BESS), green hydrogen, EV charging infrastructure, and a 1 GW solar inverter supply. The first MoU centers on the development of scalable BESS projects. KP Group will lead project development and site integration, while Delta will provide critical components such as inverters and energy management systems. The partnership aims to deliver energy storage projects across India and explore global markets. The second MoU targets the green mobility sector. KP Group will establish green hydrogen production units powered by renewable energy, while Delta will supply hydrogen compression and EV charging technologies. The two firms will jointly develop hydrogen refueling and EV charging stations pan-India, with Delta offering AC and DC fast chargers, along with monitoring and billing platforms. Under the third MoU, Delta will supply nearly 1 GW of solar PV inverters over the next year for KP Groups upcoming solar projects. These inverters will support standalone and hybrid (solar + storage) systems with features like high efficiency, remote diagnostics, and grid support functionalities. The companies will also collaborate on post-installation services, including training, preventive maintenance, and spare part supply. Joint workshops are planned to ensure KP Group stays aligned with Deltas latest technological advancements. Niranjan Nayak, MD, Delta Electronics India, said, Our collaboration with KP Group is a bold step toward building a cleaner, smarter mobility ecosystem. With this 1 GW inverter partnership and extended collaboration on BESS and green hydrogen, we are committed to delivering best-in-class technology and lifecycle support. Faruk Patel, CMD, KP Group, added, This partnership goes beyond product supplywere co-creating innovative solutions for Indias energy independence. Whether solar, storage, or hydrogen, we aim to shape a cleaner, more sustainable tomorrow. KPI Green Energy develops, builds, owns, operates, and maintains solar and hybrid power plants as an Independent Power Producer (IPP) and as a service provider to Captive Power Producers (CPP) under the brand name of 'Solarism.' The company's consolidated net profit surged 142% to Rs 104.18 crore on 97% rise in total income to Rs 577.80 crore in Q4 FY25 over Q4 FY24.
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Business Standard
14-05-2025
- Business
- Business Standard
KPI Green Energy soars 8% as Q4 profit doubles; stock up 28% in 3 days
Shares of KPI Green Energy extended their three-day rally on Wednesday after its profit more than doubled in the fourth quarter of the previous financial year (Q4FY25). KPI Green Energy's stock rose as much as 7.7 per cent during the day to ₹447.1 per share, taking the three-day rally to over 28 per cent. The stock pared gains to trade 6.5 per cent higher at ₹442 apiece, compared to a 0.56 per cent advance in Nifty 50 as of 10:50 AM. The counter has surged nearly 32 per cent since its recent lows of ₹336, which it hit earlier this month. The stock has fallen 19 per cent this year, compared to a 4.5 per cent gain in the benchmark Nifty 50. KPI Green Energy has a total market capitalisation of ₹8,738.99 crore, according to BSE data. KPI Green Energy Q4FY25 Results analysis The company reported a net profit of ₹99.1 crore in the January to March quarter of FY25, as compared to ₹43 crore in the same period last year, marking a 130 per cent jump. The rise in the bottom line comes as the revenue from operations rose 96 per cent to ₹569.4 crore in the quarter under review. In the first quarter of the previous year, the company reported a revenue of ₹289.3 crore. Meanwhile, the company's operating margins or earnings before interest, taxes, depreciation and amortisation rose 73 per cent to ₹161 crore in the March quarter. The Ebita margin of the International Gemmological Institute contracted to 28.3 per cent from 32.3 per cent earlier. "KPI Green Energy has closed FY25 on a historic note, surpassing all previous annual financial benchmarks. Notably, the PAT for FY25 alone exceeds the total annual revenue of FY22, reflecting the company's exceptional growth trajectory," it said in a statement. Battery energy storage systems, offshore wind projects, green hydrogen projects and advancing in floating solar are the key future growth segments, the company said in the investor presentation. The company also recommended a final dividend of ₹0.20 per equity share of the face value of ₹5 each for the FY25. About KPI Green Energy KPI Green Energy is a multi-dimensional solar energy player with interests in power generation as an Independent Power Producer (IPP), turnkey solutions for Captive Power Producers (CPP) and Operations & Maintenance (O&M) services. ALSO READ:
