At KPI Green Energy, Negi will focus on scaling renewable energy projects, strengthening the company's transmission infrastructure, and expanding its domestic and international footprint. His expertise in large-scale project execution, grid integration, and operational excellence will be instrumental in KPI Green Energy's next growth phase. Surinder Kumar Negi is a distinguished power sector professional with over four decades of experience in transmission, engineering, and project management. A graduate in electrical engineering from G.B. Pant University, Pantnagar, he has played a pivotal role in power transmission, grid modernization, and infrastructure development. Negi has held key leadership positions, including Managing Director of Gujarat Energy Transmission Corporation (GETCO), where he spearheaded the expansion of Gujarat's transmission network, enhanced grid efficiency, and implemented Smart Grid technologies. Prior to this, he served in senior roles at NTPC, POWERGRID, ALSTOM, and Reliance Energy, contributing to high-voltage transmission projects, system planning, and privatization initiatives. Negi serves as the Director of Skipperseil and is also a Director at Manacles Transformers. Under his leadership, Skipperseil has established advanced transformer manufacturing facilities, optimized EPC operations, and driven renewable energy initiatives in India and Africa. KPI Green Energy develops and maintains grid-connected solar power projects and sells power units generated from the company's solar plants. The company's consolidated net profit surged 67% to Rs 84.50 crore in Q3 FY25 as against Rs 50.61 crore recorded in Q3 FY24. Revenue from operations jumped 38.8% year on year (YoY) to Rs 458.36 crore in the quarter ended 31 December 2024. Shares of KPI Green Energy shed 0.10% to Rs 382.20 on the BSE.Powered by Capital Market - Live

KPI Green Energy announce the appointment of Surinder Kumar Negi as its Chief Operating Officer (COO). Surinder Kumar Negi brings over four decades of extensive experience in the power transmission, renewable energy, and infrastructure development sectors, having held leadership roles at NTPC, POWERGRID, ALSTOM, Reliance Energy, Gujarat Energy Transmission Corporation (GETCO), and Skipperseil. Powered by Capital Market - Live

Sun Drops Energia, a subsidiary of KPI Green Energy, has received Letters of Award for development of solar power projects with a cumulative capacity of 15.90 MWDC under the 'Captive Power Producer (CPP)' business segment of the Company.Powered by Capital Market - Live

The orders are under the captive power producer business segment of the company, it said. The company has received the orders from Mexo Fiber, Rayons, Maharaja Industries, Gautam Casting Industries, Gauatam Technocast, Shrirajlaxmi Denim, and Kartik Dyeing. The projects are expected to be completed during the 2025'26 financial year in various tranches as per the terms of the orders. The company's consolidated net profit surged 67% to Rs 84.50 crore in Q3 FY25 as against Rs 50.61 crore recorded in Q3 FY24. Revenue from operations jumped 38.8% year on year (YoY) to Rs 458.36 crore in the quarter ended 31 December 2024. KPI Green Energy develops and maintains grid-connected solar power projects and sells power units generated from the company's solar plants. Shares of KPI Green Energy tumbled 4.38% to currently trade at Rs 454.45 on the BSE.Powered by Capital Market - Live

Net profit of KPI Green Energy rose 66.96% to Rs 84.50 crore in the quarter ended December 2024 as against Rs 50.61 crore during the previous quarter ended December 2023. Sales rose 38.85% to Rs 458.36 crore in the quarter ended December 2024 as against Rs 330.12 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales458.36330.12 39 OPM %29.8631.37 - PBDT130.0881.73 59 PBT115.0171.77 60 NP84.5050.61 67 Powered by Capital Market - Live

KPI Green Energy announced that the Board of Directors of the Company at its meeting held on 6 February 2025, inter alia, have recommended the 3rd interim dividend of Rs 0.2 per equity Share (i.e. 4%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Revenue from operations jumped 38.8% year on year (YoY) to Rs 458.36 crore in the quarter ended 31 December 2024. Profit before tax in Q3 FY25 was Rs 114.95 crore, an increase of 60.2% from Rs 71.77 crore recorded in the corresponding quarter of the previous year. Total expenses increased 35.3% to Rs 351.09 crore in Q3 FY25, compared to Rs 259.55 crore posted in Q3 FY24. Cost of material consumed stood at Rs 256.02 crore (up 43.5% YoY), and employee benefit expenses stood at Rs 12.74 crore (up 194.2% YoY). The company's consolidated EBITDA jumped 38% to Rs 144.54 crore in Q3 FY25 as against Rs 104.77 crore recorded in same quarter last year. During the quarter, revenue from sales of power & solar power plants grew 38.9% YoY to Rs 458.22 crore while revenue from sales of plots fell 48.1% YoY to Rs 0.14 crore. On nine-month basis, the company's consolidated net profit surged 85.9% to Rs 220.44 crore in 9M FY25, compared to Rs 118.61 crore recorded in 9M FY24. Revenue from operations jumped 58.7% YoY to Rs 1,166.04 crore in 9M FY25. Meanwhile, the company's board has declared third interim dividend of Rs 0.20 per equity share for the financial year 2024-25. The record date for the payment of interim dividend is 18 February 2025. The dividend will be paid to shareholders within 30 days from the date of its declaration. KPI Green Energy develops and maintains grid-connected solar power projects and sells power units generated from the company's solar plants. Powered by Capital Market - Live

KPI Green Energy has fixed 18 February 2025 as record date for third interim dividend, if any, for FY 2024-25. Powered by Capital Market - Live

KPI Green Energy will hold a meeting of the Board of Directors of the Company on 6 February 2025.Powered by Capital Market - Live

KPI Green Energy has successfully signed contract agreement with Coal India to develop a 300 MWAC grid-connected ground-mounted solar PV plant with operation & maintenance (O&M) services for five years at GIPCL's Solar Park in Khavda, Gujarat. The contract price is Rs 1,311.40 crore, with completion expected by November 2025.Powered by Capital Market - Live