Mumbai: KPI Green Energy reported a doubling in consolidated net profit to Rs 66.11 crore in the June quarter of FY25, primarily due to increased revenue. In an exchange filing, the company stated that it had recorded a net profit of Rs 33.26 crore in the April-June period of the previous 2023-24 fiscal year.
The company's overall earnings increased to Rs 349.85 crore from Rs 190.56 crore in the previous quarter. The board has also sanctioned a temporary dividend of 0.20 paisa per equity share with a face value of Rs 5 each for the fiscal year 2024-25.The date when shareholders must be on record to receive the interim dividend is August 21, 2024.
Located in Gujarat, KPI Green Energy Limited (previously KPI Global Infrastructure Limited) is a top player in the renewable energy industry.
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