Orient Green Power reports 447% net profit surge
Orient Green Power Company Limited reported net profit before discontinued operations surged 446% year-on-year to Rs.28.85 crores in Q1 FY26. Total income rose 38.6% to Rs.93.17 crores while EBITDA increased 46.4% to Rs.65.92 crores.
The improved performance came from upgraded wind turbines contributing an additional 1 crore units and favorable early wind season conditions adding 2 crore units. Finance costs declined over 15% due to debt repayment and improved credit ratings.
The company plans to commission a 7 MW solar project by December and is pursuing acquisitions and repowering projects.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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