Latest news with #PNNChennai
News18
4 days ago
- Business
- News18
Orient Green Power Reports Robust 446% YoY Jump in Q1 FY26 Net Profit
PNNChennai (Tamil Nadu) [India], August 18: Orient Green Power Company Limited (NSE – GREENPOWER | BSE – 533263 | INE999K01014), One of India's leading independent renewable power producers, operating wind farms, has announced its Unaudited Financial Results for Q1 Financial Highlights– Total Income: ₹93.17 Cr, YoY growth of 38.56%– EBITDA: ₹65.92 Cr, YoY growth of 46.39%– EBITDA Margin: 70.75%, YoY expansion of 378 bps– Net Profit Before Discontinued Operation (PAT): ₹28.85 Cr, YoY growth of 446.40%– Net profit Margin: 30.96%, YoY expansion of 2,311 bpsBusiness Highlights:– PAT improved by over 400%.– Y-o-Y growth in turnover and EBITDA by 40%and 46% respectively.– Entered into an EPC contract for implementation of 7MW solar power project in Tamil on the performance, Mr. T Shivaraman, Managing Director & CEO, said: 'The current quarter has been exceptionally strong in terms of generation. An early onset of the wind season, coupled with consistent wind availability and the resumption of certain windmills following component upgradation, has resulted in an ~40% increase in operating revenues. EBITDA recorded a y-o-y growth of around 46%. Finance costs declined by over 15% due to prompt repayments and improved credit ratings. The proposed 25 MW AC solar project will be developed across multiple locations and executed through multiple EPC contractors to expedite expect favourable wind conditions to continue in the second quarter. Together with the commissioning of our upcoming solar project, these factors are expected to deliver stronger returns and improved cash flows."(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)
News18
4 days ago
- Business
- News18
Khazanchi Jewellers EBITDA Soar 57 Percent and PAT by 65 Percent Q1 FY26
PNNChennai (Tamil Nadu) [India], August 18: Khazanchi Jewellers Limited (BSE: 543953), one of the leading Indian jewellery companies specializing in gold, diamonds, precious stones, and bullion items has announced its unaudited Financial Results for Q1 Financial HighlightsTotal Income of ₹ 403.84 Cr, YoY growth of 5.94%EBITDA of ₹ 21.15 Cr, YoY growth of 57.07%EBITDA Margin of 5.24%, YoY growth of 170 BpsPAT of ₹ 15.15 Cr, YoY growth of 64.73%PAT Margin of 3.75%, YoY growth of 134 BpsDiluted EPS (₹) of ₹ 6.12, YoY growth of 64.52%Commenting on the financial performance Mr. Rajesh Mehta, Chairman & Joint Managing Director, Khazanchi Jewellers Limited said, 'We are delighted to begin FY26 on a strong note, delivering a 65% YoY growth in PAT during Q1. This improvement was underpinned by festive and wedding demand, record-high gold prices, and a shift towards lighter yet high-value designs driving consumer interest. Leveraging our strong presence in Southern India, trusted brand reputation, and curated product mix, we were able to capture value-driven demand, supported by our focus on hallmarked purity, transparent pricing, and agile inventory management ensuring robust sales with industry tailwinds such as festive demand, evolving consumer preferences, and government reforms to enhance transparency and affordability, these factors, along with our expanding retail footprint and operational agility, place us in a strong position to sustain growth and deliver long-term value for our stakeholders."(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)
