Epic Energy Limited has announced its unaudited financial results for the quarter and nine months ended 31st December, 2025, demonstrating solid performance across its sustainable energy business segments. The Board of Directors approved these results at their meeting held on 14th February, 2026.

Standalone Financial Performance

The company's standalone operations showed steady growth during the reporting period. For Q3 FY26, Epic Energy recorded revenue from operations of ₹81.91 lakhs compared to ₹55.19 lakhs in the corresponding quarter of the previous year.

For the nine-month period ended 31st December, 2025, the company achieved revenue from operations of ₹261.28 lakhs, representing growth from ₹187.99 lakhs in the corresponding period of the previous year. Net profit for the nine-month period stood at ₹38.84 lakhs.

Consolidated Financial Results

On a consolidated basis, Epic Energy's performance includes results from its subsidiary Epic EV Chargers Private Limited and joint venture Swachhha Urja Nirman LLP. The consolidated revenue from operations reached ₹90.16 lakhs for Q3 FY26 and ₹298.89 lakhs for the nine-month period.

Segment-wise Performance

Epic Energy operates through three primary business segments, each contributing to the company's overall sustainable energy solutions portfolio:

Renewable Energy Solutions: This segment generated ₹81.91 lakhs in Q3 FY26 and ₹259.93 lakhs for the nine-month period on a standalone basis. The segment contributed ₹5.50 lakhs to profit before tax for the quarter.

EV Charging Infrastructure: On a consolidated basis, this segment through the subsidiary showed revenue of ₹8.25 lakhs for Q3 FY26 and ₹38.96 lakhs for nine months, reflecting the company's expansion into electric vehicle charging solutions.

Power Saving Solutions: This segment contributed ₹49.80 lakhs to nine-month revenue, focusing on energy efficiency solutions.

Business Operations and Outlook

Epic Energy Limited provides comprehensive sustainable energy solutions with end-to-end capabilities from design to maintenance. The company's service portfolio includes:

• Rooftop Solar Power Plants
• Solar EPC (Engineering, Procurement, and Construction)
• Energy Audits
• EV Charging Infrastructure
• LED Retrofitting Solutions

The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013. The statutory auditors have carried out a limited review of the financial results for the quarter and nine months ended December 31, 2025.

Corporate Governance

The company maintains ISO 9001:2015 certification, reflecting its commitment to quality management systems. The trading window for dealing in the company's securities will open after 48 hours of the results being made public, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Epic Energy Limited has entered into a strategic collaboration with REFNIC for developing comprehensive lithium-ion battery recycling and second-life battery initiatives. The partnership, announced on February 03, 2026, represents a significant milestone in the company's sustainable energy strategy and circular economy solutions.

Partnership Structure and Scope

The collaboration brings REFNIC, a brand operated by Zetrance Technology Private Limited, onboard as the technical partner for Epic Energy's battery recycling initiatives through its Special Purpose Vehicle, Swachchha Urja Nirman LLP (SUN LLP). REFNIC will handle the complete development cycle including design, engineering, integration, installation, and commissioning of the proposed facilities.

Facility Capabilities and Environmental Impact

The proposed facilities are designed to support responsible recycling, repurposing, and value recovery of end-of-life lithium-ion batteries. The initiative addresses the growing need for structured battery waste management as electric mobility and energy storage solutions continue to scale across India.

The facilities will focus on:

• Scientific handling of industrial residues and process sludge
• Structured repurposing of usable cells through second-life applications
• Recoverable materials processing with environmental compliance
• Building future-ready clean-energy supply chains

Management Perspectives

Mr. Bhalchandra Kadam, Partner at SUN LLP, emphasized the importance of addressing both battery recycling and structured repurposing: "As adoption of electric mobility and energy-storage solutions continues to scale, it is essential to address not only battery recycling but also the structured repurposing of usable cells through second-life applications."

Mr. Nikhil Morsawala, Chief Financial Officer of Epic Energy Limited, highlighted the scalable nature of the platform: "This initiative marks a measured step forward for Epic Energy. The engagement with REFNIC establishes a scalable technical platform. Over time, this platform may be expanded across India and, where appropriate, extended to global opportunities as the ecosystem evolves."

Mr. Mohit Gulati, Director at REFNIC, outlined the technical capabilities: "Our systems are designed to support both efficient lithium-ion battery recycling and structured second-life battery assembly, with a strong focus on operational stability, low power consumption, and environmental safeguards."

Strategic Alignment and Future Expansion

This collaboration aligns with Epic Energy's long-term strategy focused on sustainable energy systems and circular-economy solutions. The company operates as an integrated energy company engaged in renewable power generation and clean-energy infrastructure, spanning solar power, EV charging, energy storage, and circular-economy initiatives.

REFNIC brings specialized expertise in lithium-ion battery recycling, second-life battery systems, e-waste recycling, and metal recovery. The company combines process-engineering capabilities with on-ground execution, offering comprehensive services from process design to ongoing operational support.

The partnership establishes a foundation for Epic Energy's entry into the battery recycling sector, positioning the company to capitalize on India's growing electric vehicle market and the associated need for sustainable battery waste management solutions.