KPI Green Energy Share Price Surges Following Capital Expenditure Expansion Update

KPI Green Energy Share Price Surges 2.68% to ₹348.30

Market Update: On Tuesday, KPI Green Energy's share price surged as much as 2.68% to ₹348.30 apiece on the National Stock Exchange (NSE) in the trading session. The stock opened at ₹347.20 apiece in the early morning session, compared to the previous close of ₹339.20 on Monday.

Project Update: In an exchange filing, KPI Green Energy announced the commissioning of an additional 24.2 MW AC / 35.01 MW DC capacity in its ongoing 250 MW AC / 350 MW DC grid-connected solar IPP project awarded by Gujarat Urja Vikas Nigam Limited (GUVNL). The total commissioned capacity under the project has reached 48.4 MW AC / 69.41 MW DC, reflecting the company's steady progress in the execution of the project.

Financial Performance: In its Q3 results for 2026, KPI Green Energy reported a 47.74% year-on-year rise in consolidated net profit to ₹125.8 crore for the quarter ending on December 31, 2025. Revenue from operations increased 46.21% to ₹662.86 crore in the quarter under review, compared with ₹458.36 crore in the December quarter of FY25.

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Key Highlights:

• EBITDA (earnings before interest, tax, depreciation and amortisation) rose 48% year-on-year to ₹251 crore in Q3FY26.
• The board of directors announced its third interim dividend of 4%, or ₹0.20 per equity share with a face value of ₹5 each, for the financial year FY25.

Share Price Trend: Despite a near-term decline, KPI Green Energy's share price has largely outperformed the Nifty index, delivering multibagger returns of 243% in three years.