K.P. Energy has received an order for development of 9MW wind power project forming part of the wind-solar hybrid power project to be developed in Gujarat. This project is awarded by Bhathwari Technologies to the Company under Captive Power Project segment. The Project shall be connected to State Transmission Utility (STU) network. Powered by Capital Market - Live News

K.P. Energy announced that the Board of Directors of the Company at its meeting held on 22 April 2024, inter alia, have recommended the final dividend of Rs 0.1 per equity Share (i.e. 2%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of K.P. Energy rose 60.85% to Rs 24.90 crore in the quarter ended March 2024 as against Rs 15.48 crore during the previous quarter ended March 2023. Sales rose 39.62% to Rs 207.26 crore in the quarter ended March 2024 as against Rs 148.45 crore during the previous quarter ended March 2023.For the full year,net profit rose 32.82% to Rs 58.32 crore in the year ended March 2024 as against Rs 43.91 crore during the previous year ended March 2023. Sales rose 8.02% to Rs 472.95 crore in the year ended March 2024 as against Rs 437.82 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales207.26148.45 40 472.95437.82 8 OPM %14.7415.49 -18.1616.22 - PBDT36.3423.86 52 85.8370.16 22 PBT34.1222.53 51 77.3764.97 19 NP24.9015.48 61 58.3243.91 33 Powered by Capital Market - Live News

K.P. Energy will hold a meeting of the Board of Directors of the Company on 22 April 2024.Powered by Capital Market - Live News

KP Energy has received new order of total capacity of 368.55MW out of which 185.85MW is awarded by Aditya Birla Renewables Subsidiary and 182.70MW is awarded by ABREL (RJ) Projects for development of Balance of Plant for 368.55MW wind capacity forming part of the wind-solar hybrid power project to be developed in Gujarat. This Project shall be connected to Inter State Transmission System (ISTS) network of the Central Transmission Utility (CTU).The order also includes development of 220KV transmission line for evacuation capacity of 673MW. The project includes the installation of wind operated electricity generator (commonly also referred as windmill or WTG) each of 3X model. KP Energy will be responsible for providing a range of services, including Engineering, Procurement, Construction, and Commissioning (EPCC) for the project. This entails tasks such as land acquisition, design, manufacturing, supply, construction, erection, testing, and commissioning for the balance of plant and securing the necessary approvals and permits for the Project.Powered by Capital Market - Live News