KPI Green Energy gains on reporting 64% rise in Q2 consolidated net profit
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KPI Green Energy is currently trading at Rs. 911.00, up by 4.55 points or 0.50% from its previous closing of Rs. 906.45 on the BSE.
The scrip opened at Rs. 936.00 and has touched a high and low of Rs. 940.00 and Rs. 905.55 respectively. So far 44385 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 953.80 on 29-Aug-2023 and a 52 week low of Rs. 345.00 on 31-Oct-2022.
Last one week high and low of the scrip stood at Rs. 940.00 and Rs. 852.15 respectively. The current market cap of the company is Rs. 3295.42 crore.
The promoters holding in the company stood at 54.81%, while Institutions and Non-Institutions held 3.54% and 41.65% respectively.
KPI Green Energy has reported results for second quarter ended September 30, 2023 (Q2FY24).
The company has reported 26.44% rise in its net profit at Rs 23.77 crore for the quarter under review as compared to Rs 18.80 crore for the same quarter in the previous year. Total income of the company increased by 26.07% at Rs 171.85 crore for Q2FY24 as compared Rs 136.31 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 64.22% rise in its net profit at Rs 34.75 crore for the second quarter ended September 30, 2023 as compared to Rs 21.16 crore for the same quarter in the previous year. Total income of the company increased by 34.85% at Rs 215.95 crore for Q2FY24 as compared Rs 160.14 crore for the corresponding quarter previous year.
