KPI Green Energy Q3 Results: Revenue grows by 39%, declares third interim dividend at 4%
The net profit for the period was Rs 85 crore, a 67% increase over the previous year.
KPI Green Energy Q3 Results Revenue grows by 39, declares third interim dividend at 4
On Thursday, February 6, KPI Green Energy Ltd. released the results of the December quarter. The net profit for the period was Rs 85 crore, a 67% increase over the previous year.
The quarter's revenue of Rs 458.3 crore represented a 39% increase over the Rs 330 crore generated in the same quarter last year. EBITDA (earnings before interest, tax, depreciation, and amortization) rose 32% year over year to Rs 137 crore from Rs 104 crore the previous year.
The EBITDA margin was 30%, down from 31% the previous year. For the fiscal year 2024–2025, KPI Green Energy has announced a third interim dividend at 4%, or Rs 0.20 per equity share with a face value of Rs 5. The record date for this interim dividend payment has been set for 18 February 2025.
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The dividend will be paid within 30 days from the date of its declaration to the shareholders whose names appear in the Register of Members as on the record date.
In percentage terms, retail shareholders now hold a 22.58% stake in KPI Green Energy, compared to the 20.95% they held at the end of March 2024. At the same time, the promoter stake has come down from 53.08% in March to 48.77% in September.
Amid strong Q3 results, the shares of KPI Green Energy Ltd. hit an upper circuit of 5% at Rs 452.25.
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