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UPEX 2026

KP Group Reports Strong FY26 Growth Across Renewable Energy, Infrastructure, and Engineering Businesses with Expanding 8.52 GW Portfolio

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Representational image. Credit: Canva

KP Group reported strong financial growth across its renewable energy, infrastructure, and engineering businesses for the fourth quarter and full financial year ended March 31, 2026, supported by robust execution capabilities, expanding capacities, and a growing project pipeline.

The group’s combined performance includes financial results from KPI Green Energy Limited, KP Energy Limited, and KP Green Engineering Limited.

KPI Green Energy reported revenue of ₹810 crore for Q4 FY26, compared to ₹578 crore in Q4 FY25, registering year-on-year growth of 40%. EBITDA for the quarter increased to ₹305 crore from ₹169 crore in the corresponding period last year, while profit after tax (PAT) rose to ₹155 crore from ₹104 crore.

For the full financial year FY2025-26, KPI Green Energy reported revenue of ₹2,742 crore, up 56% from ₹1,755 crore in FY25. EBITDA increased 73% to ₹1,006 crore, while PAT rose 57% to ₹509 crore.

KP Energy reported Q4 FY26 revenue of ₹634 crore, compared to ₹409 crore in Q4 FY25, reflecting 55% year-on-year growth. EBITDA for the quarter stood at ₹133 crore, while PAT increased to ₹79 crore from ₹46 crore in the same quarter last year.

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For FY2025-26, KP Energy posted revenue of ₹1,506 crore, up 57% from ₹958 crore in FY25. The company’s PAT also increased 57% year-on-year to ₹181 crore.

KP Green Engineering reported revenue of ₹714 crore during H2 FY26, compared to ₹436 crore in H2 FY25, reflecting 64% growth. EBITDA rose 108% to ₹147 crore, while PAT increased 68% to ₹77 crore.

For the full year FY2025-26, KP Green Engineering reported revenue of ₹1,250 crore, up 78% from ₹702 crore in FY25. EBITDA increased 117% to ₹249 crore, while PAT rose 85% to ₹136 crore.

Commenting on the performance, Faruk G. Patel said the strong performance across all three business verticals reflects increasing momentum in India’s renewable energy and infrastructure sectors.

He stated that the group’s focus on integrated operations, timely project execution, manufacturing expansion, and technology-driven growth continues to strengthen its position across the clean energy value chain.

As of March 31, 2026, KPI Green Energy’s total installed capacity stood at more than 1.62 GW, with an additional 4.64 GW under execution. KP Energy’s renewable energy portfolio reached 3.73 GW, including 1.57 GW of operational capacity and 2.16 GW under development.

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At the group level, KP Group’s combined renewable energy portfolio has expanded to 8.52 GW across solar, wind, and hybrid energy projects. The company has set a long-term target of achieving 10 GW renewable energy capacity by 2030.

KP Green Engineering reported an order book of ₹1,831 crore as of March 31, 2026. The company currently operates manufacturing and galvanizing facilities with a combined capacity of 4,00,500 MTPA, including what it claims is Asia’s largest hot dip galvanizing plant at its Matar facility in Gujarat with annual capacity exceeding 90,000 MT.

During FY26, KPI Green Energy also secured interstate and intrastate electricity trading licenses from the Central Electricity Regulatory Commission (CERC) and the Gujarat Electricity Regulatory Commission (GERC), enabling participation in power trading markets across India.


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