KPI Green Energy Q1 Profit Doubles to Rs 66.11 Crore
Aug 08, 2024 13:33
KPI Green Energy reported a doubled net profit of Rs 66.11 crore in Q1 FY25, driven by higher revenue. The company also announced an interim dividend of 0.20 paisa per share.
New Delhi, Aug 8 (PTI) KPI Green Energy on Thursday posted a two-fold rise in consolidated net profit to Rs 66.11 crore during the June quarter of FY25, mainly on account of higher income.
It had reported a net profit of Rs 33.26 crore during the April-June period of the preceding 2023-24 fiscal, the company said in an exchange filing.
The company's total revenue rose to Rs 349.85 crore from Rs 190.56 crore in the year-ago quarter.
The board also approved an interim dividend of 0.20 paisa per equity share having a face value of Rs 5 each for the financial year 2024-25.
The Record date for payment of this interim dividend is August 21, 2024.
Based in Gujarat, KPI Green Energy Limited (formerly known as KPI Global Infrastructure Limited), is a leading renewable power generating company.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.