KPI Green Energy, a Gujarat-based renewable power producer, has reported a revenue of INR 350 crore ($41.69 million) for the first quarter of FY 2024-25, 83% up compared to INR 191 crore in Q1 FY 2023-24. Net profit increased 99% year-on-year to INR 66 crore.
The developer has installed a cumulative capacity of 473+ MW as of June 30, 2024, including 302+ MW under captive power producer (CPP) category and 171+ MW as an independent power producer (IPP). Orders in hand total 2.33+ GW (1,067+ MW captive projects and 1,260+ MW IPP orders)
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