Orient Green Power reports record half-yearly profit, solar project advances

Orient Green Power Company Limited (OGPL) announced robust financial results for the quarter and half-year ended September 30, 2025. The company achieved its highest-ever half-yearly consolidated PAT, exceeding INR 100 crores. Key financial highlights for the half-year include a ~20% year-on-year increase in turnover, ~16% growth in EBITDA, and a ~60% rise in PBT. Consolidated PAT for the half-year reached INR 10,956 lakhs, up from INR 7,951 lakhs in the prior year. The company also reported a refund of INR 16 crores in excess interest charged in earlier periods.

In operational updates, OGPL’s 7MW solar power plant is anticipated to be commissioned by December 2025, with remaining planned capacity additions expected by June 2026. This progress aligns with the company's strategy for improved returns through component upgrades and new solar initiatives. The board of directors had approved changes to the project, increasing solar capacity from 19.8MW AC to 25MW AC and optimizing project locations and contractors.

Regarding its rights issue, the company had issued equity shares aggregating to INR 25,000 lakhs on September 20, 2024. As of September 30, 2025, OGPL utilized INR 13,140 lakhs towards the objects of the issue and issue expenses, with INR 11,860 lakhs currently held in fixed deposits pending utilization.