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KPIL posts record revenue and profit in FY25, wins Rs 23.72 billion in new orders

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Kalpataru Projects International Limited (KPIL) has reported its highest-ever revenue and profit figures for the quarter and year ended March 31, 2025. In Q4 FY25, consolidated revenue rose 18 per cent year-on-year (YoY), while profit before tax (PBT) jumped 40 per cent YoY. For the full year, KPIL’s consolidated revenue stood at Rs 223.16 billion, up 14 per cent YoY. EBITDA increased 13 per cent YoY to Rs 18.34 billion, and PBT rose 17 per…

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JSW Energy and Tata Power report growth in FY 2024–25 results

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JSW Energy Limited reported a 21 per cent year-on-year increase in Q4 revenue, reaching Rs 34.97 billion in the January–March quarter of FY 2024–25, compared to Rs 28.79 billion in Q4 FY 2023–24. For the full year, the company posted Rs 126.39 billion in revenue, up 6 per cent from Rs 119.41 billion in the previous year. Tata Power Company Limited recorded a net profit of Rs 47.75 billion in FY 2024–25, an 11.57 per…

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REC reports 12% rise in FY25 net profit to Rs 158.84 billion

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REC Limited reported a net profit of Rs 158.84 billion in FY 2024-25, marking a 12.29 per cent increase from Rs 141.45 billion in the previous year. Total income rose by 18.63 per cent to Rs 564.34 billion, compared to Rs 475.71 billion in FY 2023-24. The company recorded disbursements of Rs 1,911.85 billion in FY 2024-25, up 18 per cent from Rs 1,614.62 billion last year. Net interest income increased by 27 per cent…

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Reliance Power posts Rs 126 crore Q4 profit

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Reliance Power Limited reported improved financial performance for the fourth quarter (Q4) and fiscal year ending March 31, 2025. In Q4 FY25, the company recorded total income of Rs 20.66 billion ($241 million) and EBITDA (earnings before interest, taxes, depreciation, and amortisation) of Rs 5.9 billion ($69 million). Profit after tax stood at Rs 1.26 billion ($15 million). The company’s net worth rose to Rs 163.37 billion ($1.9 billion), while its debt-to-equity ratio improved significantly…

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Adani Power posts Rs 127.50 billion net profit in FY25

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Adani Power Limited has reported a net profit of Rs 127.50 billion in 2024–25, a decline of 38.78 percent from Rs 208.29 billion recorded in the previous year. Total income fell 2.28 percent to Rs 589.06 billion in FY25 from Rs 602.81 billion in FY24. However, one source indicated a 10 percent growth in revenue during the period. The company posted a net profit of Rs 27.37 billion for the quarter ended March 31, 2024….

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IEX and AESL announce FY25 financial results

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Indian Energy Exchange Limited (IEX) posted a net profit of Rs 4.29 billion for 2024-25, a 22.22 per cent rise from the previous year’s Rs 3.51 billion. The company’s total income also grew by 19.23 per cent. It reached Rs 6.57 billion in 2024-25, compared to Rs 5.51 billion a year earlier. Meanwhile, Adani Energy Services Limited (AESL) reported a different trend. Its net profit fell by 22.90 per cent to Rs 9.22 billion in…

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Powergrid InvIT announces H1 FY2024-25 results

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Power Grid Corporation of India Limited (POWERGRID) has released the half-yearly report for its Infrastructure Investment Trust, POWERGRID Infrastructure Investment Trust (PGInvIT). PGInvIT recorded a consolidated income of Rs 6,557.15 million for H1 FY2024-25, reflecting strong revenue generation. Net distributable cash flows reached Rs 5,228.20 million, with total distributions of Rs 5,460 million to unitholders. The Trust also reported EBITDA of Rs 6,125.07 million and a margin of 93.41%. PGInvIT manages five transmission assets in…

Power Sector News Roundup for November 6, 2024

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Global: Westbridge sells 75% stake in Alberta’s Sunnynook solar project to METLEN Emeren and Arpinge partner on 300MW battery storage portfolio in Italy EDF Renewables signs 20-year energy storage PPA with APS for 250 MW Beehive BESS UAE’s Nakheel and DEWA partner on 132 kV substation in Palm Jebel Ali Canada proposes 35% emissions cap on oil and gas sector by 2030 ACCIONA Energía acquires 300 MW of wind capacity in Texas FTC Solar to…

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KEI Industries approves Rs 20 billion QIP proposal

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KEI Industries Ltd’s board of directors has approved a proposal to raise Rs 20 billion through a qualified institutional placement (QIP). The funds will be raised via the issuance of equity shares or other eligible securities, subject to shareholder and regulatory approvals. A “Fund Raising Committee” has been formed to finalize the QIP’s terms and conditions. In its financial results for H1FY25 (April to September), KEI Industries reported: Domestic institutional sales of wire and cable…