Epic Energy Reports Q2 Revenue Growth, Approves Rs 19 Crore Warrant Issue
Epic Energy Limited reported an 8.65% increase in Q2 FY2025-26 revenue to Rs 75.35 lakh, despite a 35.59% decrease in net profit to Rs 22.06 lakh. The company's Board approved issuing up to 38 lakh convertible warrants at Rs 50 each, aiming to raise Rs 19 crore for expansion in solar parks, EV charging infrastructure, and battery recycling. Renewable Energy Solutions was the primary revenue driver, contributing Rs 74.00 lakh in Q2.

*this image is generated using AI for illustrative purposes only.
Epic Energy Limited, a sustainable energy solutions provider, has reported an increase in revenue for the second quarter of fiscal year 2025-26, alongside announcing a strategic warrant issue to raise funds for expansion.
Financial Performance
For the quarter ended September 30, 2025, Epic Energy reported:
| Metric | Q2 FY2025-26 | Q2 FY2024-25 | YoY Change |
|---|---|---|---|
| Revenue from Operations | 75.35 | 69.35 | +8.65% |
| Profit Before Tax | 23.82 | 33.26 | -28.38% |
| Net Profit | 22.06 | 34.25 | -35.59% |
The company's revenue from operations saw an 8.65% year-on-year increase, rising from Rs 69.35 lakh in Q2 FY2024-25 to Rs 75.35 lakh in Q2 FY2025-26. However, net profit decreased by 35.59% to Rs 22.06 lakh, compared to Rs 34.25 lakh in the same quarter of the previous fiscal year.
Half-Year Performance
For the half-year ended September 30, 2025, Epic Energy reported:
- Revenue from operations: Rs 179.37 lakh
- Profit before tax: Rs 34.78 lakh
- Net profit: Rs 33.09 lakh
Segment-wise Performance
The company operates in three segments:
- Power Saving Solutions
- Renewable Energy Solutions
- EV Charging Infrastructure
The Renewable Energy Solutions segment was the primary revenue driver, contributing Rs 74.00 lakh to the total revenue in Q2 FY2025-26.
Strategic Warrant Issue
Epic Energy's Board of Directors has approved the issuance of up to 38 lakh fully convertible warrants at Rs 50 per warrant. This preferential allotment aims to raise up to Rs 19 crore. Key details of the warrant issue include:
- Conversion period: Within 18 months from the allotment date
- Conversion ratio: One warrant convertible into one equity share of Rs 10 face value
- Participants: Nine investors, including promoters and non-promoters
- Largest subscriber: Soleos Energy Pvt Ltd, subscribing to 20 lakh warrants
Future Outlook
The funds raised through the warrant issue are expected to strengthen Epic Energy's position in solar parks, electric-vehicle charging infrastructure, and end-of-life battery materials recovery. This move aligns with the company's focus on sustainable energy solutions, including rooftop solar power plants, solar EPC, energy audits, and LED retrofitting.
Epic Energy's CFO, Mr. Nikhil Morsawala, stated, "Subject to shareholder and regulatory approvals, this proposed investment is expected to enhance Epic's ability to develop bankable renewable assets, expand electric-mobility infrastructure, and scale recycling operations with a focus on safety, compliance, and performance."
As Epic Energy continues to navigate the evolving clean energy landscape, this strategic fundraising and expansion initiative may position the company for potential growth in the sustainable energy sector.
Historical Stock Returns for Epic Energy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.07% | -5.95% | +2.70% | -32.48% | -57.62% | +828.42% |





























