KPI Green Energy shares jump 5% as firm's total energised capacity reaches 965 MWp; all you need to know

“KPI Green Energy Limited (“KPI” or “the Company”) has recently energised an additional 376 MWp capacity (comprising ~182 MWp solar capacity in the GUVNL 250/350 MWp project and ~164 MWp solar capacity and ~30 MWp wind capacity in the GUVNL 370 MW/677 MWp project," the firm said in a regulatory filing.

With a total Independent Power Producer (IPP) portfolio of 2.17 GWp, the balance capacity is under execution and is expected to be commissioned in a phased manner, in line with scheduled timelines.

The company further said that this continued execution across KPI Green’s IPP portfolio strengthens its position as a leading independent power producer while reflecting its strong project development and delivery capabilities and enhancing long-term revenue visibility through a growing base of contracted renewable energy assets under long-term Power Purchase Agreements (PPAs).

KPI successfully commissioned and started injecting power from its 200 MW (240 MWp) solar IPP project at Khavda Solar Park (South Block) in January 2026, making it among the earliest projects operational within the 1.8 GW solar park developed by GSECL. The project is connected under a long-term Power Purchase Agreement with Gujarat Urja Vikas Nigam Limited (GUVNL).

KPI Green Energy share price

At 2:15 PM, KPI Green Energy shares were trading at ₹375.10 apiece, rising 4.79% on NSE.

Over the past five trading sessions, shares of the company have lost 2%, while they have fallen 3% in a month. In the last six months, the stock has tumbled 19% but has declined 15% on a year-on-year basis.

Shares of KPI Green hit a 52-week high of ₹563 on July 16, 2025, and a 52-week low of ₹335.65 on March 9, 2026. Its market capitalisation stood at ₹7,383.52 crore.

KPI Green Energy Q3 earnings

KPI Green Energy in the third quarter of the 2025-26 financial year (Q3FY26) posted a 47.74% year-on-year (YoY) surge in its consolidated net profit to ₹125.8 crore. In the corresponding period of the previous fiscal year, the renewable energy company had clocked a profit of ₹85.15 crore.

The firm witnessed a 46.21% annual increase in revenue from operations to ₹662.86 crore during the quarter under review, compared to ₹458.36 crore in the December quarter of the 2024-25 financial year (Q3FY25). It was driven by accelerated project execution and healthy performance across key business segments.

At an operational level, its EBITDA (earnings before interest, tax, depreciation and amortisation), also known as operating profit, grew 48% YoY to ₹251 crore in Q3FY26, as against ₹145 crore in the year-ago period.