On January 3, 2025, KPI Green Energy’s share price traded 3.21% lower at ₹554 at 10:30 AM on the NSE, after opening at ₹583.60, up from its previous close of ₹572.40. The stock later dropped to a day’s low of ₹552 during early trade. However, it gained over 8% from December 7, 2024, to January 2, 2025.
KPI Green Energy has a history of rewarding its shareholders with bonus issues. On November 14, 2024, the company announced a 1:2 bonus issue, with the ex-date set for January 3, 2025. This means that for every 2 shares held, shareholders received 1 additional bonus share.
Prior to this, on December 30, 2023, KPI Green Energy declared another 1:2 bonus issue, with an ex-date of February 15, 2024, offering the same ratio of 1 bonus share for every 2 shares held.
In 2022, the company made a significant move with a 1:1 bonus issue, announced on November 30, 2022, and with an ex-date of January 18, 2023, meaning shareholders received 1 bonus share for each share they owned.
In Q2 FY25, KPI Green Energy reported substantial growth in its financial performance. The company’s revenue from operations stood at ₹359.7 crores, a significant increase compared to ₹215.1 crores in Q2 FY24, reflecting a growth of 75%.
Total income also surged by 75%, from ₹216.0 crores in Q2 FY24 to ₹361.4 crores in Q2 FY25. The total operating expenses for the quarter amounted to ₹240.7 crores, up from ₹153.6 crores, marking a 66% rise.
However, despite the higher expenses, the company’s EBITDA showed impressive growth, reaching ₹134.4 crores in Q2 FY25, up by 87% from ₹72.0 crores in the same period last year.
Interest costs increased by 33% to ₹23.2 crores from ₹18.5 crores, and depreciation and amortization expenses also saw a rise of 51%, reaching ₹14.7 crores from ₹9.7 crores. Profit Before Tax (PBT) witnessed a sharp increase of 120%, growing from ₹43.9 crores in Q2 FY24 to ₹96.6 crores in Q2 FY25.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
