09 Nov 2024
KP Group’s subsidiaries—KPI Green Energy, KP Energy, and KP Green Engineering—have all reported substantial financial and operational growth for the first half of FY2025, underscoring the group’s strategic emphasis on renewable energy and infrastructure development.
KPI Green Energy, a leader in solar and hybrid energy, posted a revenue increase of 75% to ?711 crore, with EBITDA up by 87% at ?266.9 crore. Net profit doubled to ?135.9 crore, as the company executed significant Independent Power Producer (IPP) and Captive Power Producer (CPP) projects. KPI’s ambitious target of achieving 10+ GW capacity by 2030 is supported by a robust order book and a zero net-debt position, along with advanced operational monitoring through its 24/7 Network Operations Center (NOC).
KP Energy, specializing in wind and wind-solar hybrid projects, also reached new financial heights in Q2FY25. Total income for the quarter rose 183% to ?202 crore, with PAT increasing by 205% to ?24.9 crore. With a strong order book close to 2 GW and a focus on high-demand IPP projects, KP Energy is positioned to further capitalize on India’s transition to renewable energy. The upcoming listing on the National Stock Exchange (NSE) highlights KP Energy’s growing influence in the sector.
KP Green Engineering reported revenue growth of 156% in H1FY25, reaching ?266.5 crore. The company’s expanding facilities, including the ongoing construction of Asia’s largest hot-dip galvanizing plant at Matar, enhance its capacity to serve sectors such as renewables, telecom, and infrastructure. With an order book of ?450 crore and new product lines, KP Green Engineering is set to play a critical role in India’s infrastructure and heavy engineering landscape.
Together, these results reflect KP Group’s successful approach to scaling renewable and infrastructure solutions. Led by founder Dr. Faruk G. Patel, the group remains committed to sustainable growth, aiming to reach a 10+ GW capacity across renewable energy projects by 2030.
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