Oriana Power reported a 59% year-on-year increase in consolidated net profit to ₹2,523.39 crore for the financial year ended March 31, 2026. Revenue from operations surged 84% to ₹18,136.72 crore, driven primarily by the EPC segment and the emerging Battery Energy Storage Systems (BESS) vertical. The company’s board approved the audited financial results for the standalone and consolidated entities during a meeting held on May 28, 2026.

The statutory auditors, JVA & Associates, issued an unmodified opinion on the financial results. The audit report confirmed that the consolidated financial results give a true and fair view of the Group's net profit and financial information for the year ended March 31, 2026. The auditors noted that certain subsidiaries were excluded from consolidation as they were either held for disposal or were non-operational during the reporting period.

Consolidated Financial Performance

The company’s total income for FY26 stood at ₹18,410.17 crore, a significant increase from ₹9,980.67 crore in the previous year. Total expenses rose to ₹14,943.58 crore from ₹7,856.89 crore in FY25. Profit before tax for the year increased to ₹3,466.59 crore from ₹2,123.78 crore in the prior year. Basic earnings per share (EPS) improved to ₹124.19 from ₹79.53 in the previous year.

Key Consolidated Metrics (FY26)

Segment Performance

Oriana Power operates primarily through two business segments: EPC (Engineering, Procurement, and Construction) and RESCO (Renewable Energy Service Company). The EPC segment was the primary revenue driver, contributing ₹17,806.07 crore to the total segment revenue for the year. The RESCO segment contributed ₹330.66 crore. The EPC segment reported a profit before tax of ₹3,588.61 crore, while the RESCO segment reported a loss before tax of ₹122.02 crore.

Standalone Results

On a standalone basis, the company reported a net profit of ₹2,636.99 crore for FY26, up from ₹1,633.49 crore in the previous year. Revenue from operations for the standalone entity increased to ₹17,893.42 crore from ₹10,186.73 crore in FY25. Total standalone income rose to ₹18,200.33 crore from ₹10,301.27 crore in the prior year. Basic EPS on a standalone basis increased to ₹129.78 from ₹81.92.

Capital Allocation and Cash Flows

The company’s cash and bank balances increased substantially to ₹28,608.11 crore as of March 31, 2026, from ₹7,038.61 crore in the previous year. Cash generated from operating activities was ₹3,370.35 crore, while cash used in investing activities was ₹5,060.68 crore. The company raised funds through long-term and short-term borrowings, with net cash from financing activities amounting to ₹1,853.41 crore.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0OUT01019/b46a1252686b4ea9.pdf

Oriana Power Limited has expanded its operational footprint by incorporating SolarEdge Energy Private Limited as a step-down subsidiary. The new entity, incorporated on May 14, 2026, will focus on the generation of any kind of power or electric energy. This strategic move aims to bolster the company's presence in the power sector through a dedicated vehicle for energy generation projects.

The Certificate of Incorporation was issued by the Ministry of Corporate Affairs on May 14, 2026, and received by the company on May 19, 2026. The disclosure was made to the National Stock Exchange of India in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

SolarEdge Energy Private Limited is a wholly owned subsidiary of OPL Solar Services Private Limited, which is itself a wholly owned subsidiary of Oriana Power Limited . The transaction involves a cash consideration, with shares acquired at par.

The newly incorporated entity has an authorized capital of ₹100,000, divided into 10,000 equity shares of ₹10 each. As the company is yet to commence business operations, its current turnover is nil. No specific governmental or regulatory approvals were required for this incorporation.

Key Details of SolarEdge Energy Private Limited