{"id":173387,"date":"2026-01-22T06:54:01","date_gmt":"2026-01-22T11:54:01","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=173387"},"modified":"2026-01-22T06:54:01","modified_gmt":"2026-01-22T11:54:01","slug":"kpi-green-energy-q3-fy26-earnings-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/kpi-green-energy-q3-fy26-earnings-results\/","title":{"rendered":"KPI Green Energy Q3 FY26 Earnings Results"},"content":{"rendered":"\n<p>Incorporated in 2008, KPI Green Energy Ltd is part of KP Group. They develop, build, own, manage, and maintain renewable power facilities (solar and wind solar hybrid power project) as an Independent Power Producer (IPP) and as a service provider to Captive Power Producers (CPPs) under the \u2018Solarism\u2019 brand.<\/p>\n\n\n\n<div style=\"height:35px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Q3 FY26 Earnings Results<\/strong><\/h2>\n\n\n\n<p>KPI Green Energy Limited posted its seventh consecutive quarter of record revenue and profit in Q3 FY26, driven by strong project execution and capacity ramp\u2011up across solar, hybrid and emerging green energy segments.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Revenue from Operations<\/strong>: \u20b9662.86 crore, up 44.7% YoY from \u20b9458.36 crore in Q3 FY25 and up 4.5% QoQ from \u20b9634.30 crore in Q2 FY26.<\/li>\n\n\n\n<li><strong>Total Income<\/strong>: \u20b9676.05 crore, up 45% YoY from \u20b9466.10 crore and up 5.4% QoQ from \u20b9641.14 crore.<\/li>\n\n\n\n<li><strong>EBITDA<\/strong>: \u20b9237.5 crore (implied), up ~73% YoY; EBITDA margin 35.95% vs 29.85% YoY.<\/li>\n\n\n\n<li><strong>Profit Before Tax (PBT)<\/strong>: \u20b9170.1 crore, up from \u20b9157.8 crore QoQ.\u200b<\/li>\n\n\n\n<li><strong>Profit After Tax (PAT)<\/strong>: \u20b9125.8 crore, up 47.6% YoY from \u20b985.15 crore and up 7.9% QoQ from \u20b9116.64 crore; PAT margin 19.0%.<\/li>\n\n\n\n<li><strong>Basic EPS<\/strong>: \u20b95.97, up from \u20b94.02 YoY.<\/li>\n\n\n\n<li><strong>9M FY26 Performance<\/strong>:\n<ul class=\"wp-block-list\">\n<li>Total Income: \u20b91,931 crore, up 64% YoY from \u20b91,177 crore.<\/li>\n\n\n\n<li>PAT: \u20b9353.8 crore, up 60% YoY from \u20b9221.1 crore; Basic EPS \u20b916.77 (up 46% YoY).<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Operational Highlights<\/strong>:\n<ul class=\"wp-block-list\">\n<li>Installed Capacity: 1.12+ GW.\u200b<\/li>\n\n\n\n<li>Order Book: 3.61+ GW (12\u201315 months execution).\u200b<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<div style=\"height:35px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Management Commentary &amp; Strategic Decisions \u2013 Q3 FY26<\/strong><\/h2>\n\n\n\n<p>Management emphasised accelerated project execution, <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/c9c01c3f-a5c9-4211-aaf7-f93003f2d0cc.pdf\" target=\"_blank\" rel=\"noopener\">healthy segmental performance<\/a> and balance sheet strengthening via \u20b9670 crore green bonds as key growth drivers.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Dividend<\/strong>: Third interim dividend of \u20b90.20 per share (4%) declared; record date Jan 28, 2026.<\/li>\n\n\n\n<li><strong>Expansion Plans<\/strong>: Continued commissioning of solar\/hybrid capacities; entering Green Hydrogen and BESS segments with strong pipeline visibility.<\/li>\n\n\n\n<li><strong>Guidance<\/strong>: Expects to exceed FY26 EBITDA target of \u20b95,500\u20136,000 crore, supported by robust order book and execution momentum.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/KPI-Green-Energy-Q3-FY26-Earnings-Results-839x1024.png\" alt=\"\" class=\"wp-image-173388\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/KPI-Green-Energy-Q3-FY26-Earnings-Results-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/KPI-Green-Energy-Q3-FY26-Earnings-Results-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/KPI-Green-Energy-Q3-FY26-Earnings-Results-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/KPI-Green-Energy-Q3-FY26-Earnings-Results-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/KPI-Green-Energy-Q3-FY26-Earnings-Results.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<div style=\"height:33px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Q2 FY26 Earnings Results<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Revenue from Operations<\/strong>: \u20b9634.30 crore, up 76.4% YoY from \u20b9361.41 crore and up 5.2% QoQ from \u20b9602.94 crore in Q1 FY26.<\/li>\n\n\n\n<li><strong>Total Income<\/strong>: \u20b9641.14 crore, up 77.4% YoY from \u20b9361.41 crore.<\/li>\n\n\n\n<li><strong>EBITDA<\/strong>: \u20b9232.4 crore, up 73% YoY from \u20b9134.5 crore; EBITDA margin 36.7% vs 37.2% YoY (slight dip).<\/li>\n\n\n\n<li><strong>PAT<\/strong>: \u20b9109.11 crore, up 56% YoY from \u20b969.9 crore.\u200b<\/li>\n\n\n\n<li><strong>H1 FY26<\/strong>: Revenue \u20b91,237.24 crore, up 74.8% YoY; PAT \u20b9221.75 crore, up 67% YoY.\u200b<\/li>\n<\/ul>\n\n\n\n<div style=\"height:36px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Management Commentary &amp; Strategic Directions \u2013 Q2 FY26<\/strong><\/h2>\n\n\n\n<p>Q2 FY26 sustained double\u2011digit growth momentum with strong operational efficiency and scale benefits from new project commissioning.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Strategic Focus<\/strong>: Aggressive capacity expansion across solar\/hybrid portfolios while maintaining margin discipline through cost optimisation.<\/li>\n<\/ul>\n\n\n\n<p>To view the company\u2019s previous earnings and latest concall transcripts,&nbsp;<a href=\"https:\/\/alphastreet.com\/india\/\">click here<\/a>&nbsp; to visit the Alphastreet India news channel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Incorporated in 2008, KPI Green Energy Ltd is part of KP Group. They develop, build, own, manage, and maintain renewable power facilities (solar and wind solar hybrid power project) as an Independent Power Producer (IPP) and as a service provider to Captive Power Producers (CPPs) under the \u2018Solarism\u2019 brand. Q3 FY26 Earnings Results KPI Green [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":173388,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,5746],"tags":[11883],"class_list":["post-173387","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-energy-stocks","tag-green-energy"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/KPI-Green-Energy-Q3-FY26-Earnings-Results.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":172304,"url":"https:\/\/alphastreet.com\/india\/kpi-green-q2-fy26-earnings-results\/","url_meta":{"origin":173387,"position":0},"title":"KPI Green Q2 FY26 Earnings Results","author":"Chirag Gupta","date":"November 11, 2025","format":false,"excerpt":"Incorporated in 2008, KPI Green Energy Ltd is part of KP Group. They develop, build, own, manage, and maintain renewable power facilities (solar and wind solar hybrid power project) as an Independent Power Producer (IPP) and as a service provider to Captive Power Producers (CPPs) under the \u2018Solarism\u2019 brand. \u00a0\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"KPI Green Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/KPI-Green-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/KPI-Green-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/KPI-Green-Q2-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/KPI-Green-Q2-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/KPI-Green-Q2-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/KPI-Green-Q2-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":178081,"url":"https:\/\/alphastreet.com\/india\/kpi-green-energy-reports-robust-q3-fy2026-results-on-accelerated-solar-and-hybrid-project-execution\/","url_meta":{"origin":173387,"position":1},"title":"KPI Green Energy Reports Robust Q3 FY2026 Results on Accelerated Solar and Hybrid Project Execution","author":"Staff Correspondent","date":"January 28, 2026","format":false,"excerpt":"Renewable energy developer KPI Green Energy Ltd (NSE: KPIGREEN) has delivered a strong set of consolidated financial results for the third quarter of the financial year ending December 31, 2025, marking another quarter of sustained growth in revenue and profitability. According to the company\u2019s regulatory filing and official press release,\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/kpi-green.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/kpi-green.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/kpi-green.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/kpi-green.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":170731,"url":"https:\/\/alphastreet.com\/india\/kpi-green-energy-q1-fy26-earnings-results\/","url_meta":{"origin":173387,"position":2},"title":"KPI Green Energy Q1 FY26 Earnings Results","author":"Chirag Gupta","date":"August 28, 2025","format":false,"excerpt":"Incorporated in 2008, KPI Green Energy Ltd is part of KP Group. 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Q3 FY26\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":169514,"url":"https:\/\/alphastreet.com\/india\/adani-green-energy-ltd-q1-fy26-earnings-results-revenue-up-36-net-profit-jumps-31-yoy\/","url_meta":{"origin":173387,"position":4},"title":"Adani Green Energy Ltd Q1 FY26 Earnings Results \u2013 Revenue Up 36%, Net Profit Jumps 31% YoY","author":"Divyansh_Kasana","date":"July 29, 2025","format":false,"excerpt":"Adani Green Energy Limited (AGEL), established in 2015, stands as one of India\u2019s leading renewable energy companies, spearheading the country\u2019s transition toward sustainable power. 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