KP Energy Limited has reported a 78% year-on-year (YoY) increase in total income to ₹541 crore for the second quarter of FY27, compared with ₹303 crore in the corresponding quarter of the previous financial year. Revenue from operations also registered a 79% growth, reaching ₹539 crore against ₹301 crore in Q2 FY26. For the first half of FY27, the company’s total income more than doubled to ₹1,062 crore from ₹524 crore in H1 FY26, marking a 103% increase.
EBITDA for the quarter was ₹65 crore compared with ₹69 crore in Q2 FY26, while profit after tax stood at ₹27 crore against ₹36 crore, with basic EPS of ₹4.00. For the half year, EBITDA rose 8% to ₹127 crore from ₹118 crore, and PAT was ₹53 crore compared with ₹61 crore in H1 FY26.
On the balance sheet, net worth increased 55% year-on-year to ₹581 crore as of H1 FY27, from ₹376 crore. Debt stood at ₹455 crore with a debt-to-equity ratio of 0.78x, compared with ₹277 crore and 0.73x a year earlier. In October 2026, CARE Ratings reaffirmed the company’s long-term credit rating at CARE A- with a Stable outlook.
KP Energy Limited total renewable portfolio now stands at 3.73 GW, of which 2.09 GW is installed and 1.64 GW is in hand. The company’s O&M portfolio has grown to 817 MW, and its strategic IPP portfolio stands at 250.5 MW, of which 48.5 MW is operational and 202 MW is in hand. On the technology front, the company became the first in India to install a Make in India 4.2 MW wind turbine in South Gujarat, and a 5.3 MW turbine is currently under installation.
The results come against the backdrop of a strong year for India’s wind sector. The country added a record 6.05 GW of wind capacity in FY26, taking installed wind capacity to 56 GW as of March 31, 2026, against a 2030 target of 100 GW and an assessed national wind potential of about 1,164 GW at 150 metres, according to NIWE. Peak power demand touched a record 271 GW in May 2026, and the government is also advancing grid evacuation through Phase-III of the Green Energy Corridor, along with offshore wind, repowering of older turbines and hybrid and round-the-clock renewable power tenders.
Under the realignment of KP Group’s business structure, KP Energy Limited serves as the Group’s dedicated wind EPC platform, covering wind projects of all capacities, wind-led hybrid, FDRE and RTC projects above 50 MW, and the wind balance-of-plant scope for Group IPP and captive projects. The company delivers every stage in-house, supported by its own wind resource assessment team with 45+ wind masts installed, a Network Operations Centre built on IBM Maximo Renewables, and ISO 9001, ISO 14001 and ISO 45001 certified systems. The company serves 300+ clients and reports 100% O&M contractual compliance.
