GK Energy posts 56% rise in Q1 FY27 revenue, EPC business drives growth
GK Energy Limited reported strong growth in revenue and profit for the quarter ended June 30, 2026, led by higher execution in its engineering, procurement and construction (EPC) business.
Consolidated revenue from operations increased 55.5% year-on-year to Rs 505.19 crore from Rs 324.79 crore. On a sequential basis, revenue rose about 6% from Rs 476.76 crore in the March 2026 quarter.
Profit before tax (PBT) grew nearly 59% year-on-year to Rs 80.26 crore, while profit after tax (PAT) increased to Rs 59.65 crore from Rs 37.31 crore in the corresponding quarter last year. Sequentially, PAT remained broadly unchanged at around Rs 59 crore.
EPC leads growth
The company’s entire operating revenue during the quarter came from its EPC business, which contributed Rs 505.19 crore. The trading segment, which deals in Domestic Content Requirement (DCR) solar cells and other products, did not record any revenue during the quarter. In comparison, the segment had contributed Rs 58.19 crore in the previous quarter.
The EPC business reported a segment profit of Rs 84.99 crore. Although this was lower than Rs 97.57 crore in the March quarter, the decline was primarily due to the absence of trading income.
Financials
Total expenditure rose to Rs 428.38 crore from Rs 275.88 crore a year earlier, reflecting higher project execution. Cost of goods sold stood at Rs 364.62 crore, while installation and project administration expenses were Rs 43.25 crore.
The company’s total assets increased to Rs 1,495.76 crore as of June 30, 2026, compared with Rs 1,305.27 crore at the end of March, indicating higher working capital deployment as project execution accelerated.
The Board also recommended a final dividend of Rs 0.50 per equity share of face value Rs 2 for FY26, subject to shareholders’ approval at the forthcoming annual general meeting.
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