Karma Energy Limited , a company operating in renewable power generation, has announced its financial results for the second quarter and half-year ended September 30, 2025, showcasing significant growth in both revenue and profitability.

Q2 Financial Highlights

Karma Energy reported a substantial 72% quarter-on-quarter increase in net profit, rising from Rs 60.81 lacs in Q1 to Rs 104.76 lacs in Q2 of the fiscal year 2025. The company's revenue from operations also saw a significant boost, climbing 51% from Rs 305.82 lacs in Q1 to Rs 462.41 lacs in Q2.

Half-Year Performance

For the half-year ended September 30, 2025, Karma Energy's net profit stood at Rs 165.67 lacs, compared to Rs 265.56 lacs in the corresponding period of the previous year. The company's revenue from operations for the first half of FY2025 amounted to Rs 768.23 lacs, showing an improvement from the previous year's figure of Rs 681.60 lacs.

Operational Efficiency

The company's earnings per share (EPS) for Q2 improved to Rs 0.91, up from Rs 0.53 in the previous quarter, reflecting enhanced profitability on a per-share basis.

Board Approval and Audit Review

The financial results were approved by Karma Energy's Board of Directors at a meeting held on November 12, 2025. The statutory auditors have conducted a limited review of these results and issued an unmodified report, indicating their agreement with the company's financial statements.

Company Overview

Karma Energy Limited primarily operates in the renewable power generation sector. As of September 30, 2025, the company does not have any subsidiary, associate, or joint venture companies, focusing solely on its core business operations.

The company's performance in Q2 and the first half of FY2025 demonstrates its ability to grow revenue and improve profitability in the renewable energy sector. These results reflect Karma Energy's operational efficiency in the renewable power generation market.

Karma Energy Limited , a company specializing in renewable power generation, has announced its unaudited financial results for the first quarter, showcasing significant growth and improved profitability.

Financial Highlights

The company reported a substantial increase in revenue from operations, reaching ₹305.82 crore for Q1, up from ₹94.40 crore in the previous quarter and ₹239.58 crore in the same quarter last year. This represents a remarkable 224% quarter-on-quarter growth and a 27.6% year-on-year increase.

Karma Energy's total income for the quarter stood at ₹377.32 crore, compared to ₹187.07 crore in the previous quarter, marking a 101.7% increase. The company's profit after tax (PAT) reached ₹60.81 crore, nearly doubling from ₹30.45 crore in the previous quarter. However, it's worth noting that the PAT decreased compared to the ₹93.48 crore reported in the corresponding quarter last year.

Exceptional Items Boost Results

A significant contributor to the quarter's performance was an exceptional item of ₹81.43 crore. This amount consisted of interest received on debtors written off in prior years, as per an order from the Honorable Tamil Nadu Electricity Regulatory Commission. This one-time gain substantially impacted the company's bottom line for the quarter.

Operational Performance

The company's operation and maintenance costs saw a significant increase, rising to ₹164.55 crore from ₹17.66 crore in the previous quarter. This surge in costs aligns with the substantial increase in revenue, indicating expanded operational activities.

Earnings Per Share

Karma Energy reported earnings per share (EPS) of ₹0.53 for the quarter, an improvement from ₹0.26 in the previous quarter but lower than the ₹0.81 reported in the same quarter last year.

Corporate Governance

The Board of Directors approved the unaudited financial results along with the Limited Review Report from the auditors. Additionally, they approved the notice for the upcoming Annual General Meeting, scheduled to be held via Other Audio Visual Means (OAVM).

Industry Position

Karma Energy Limited continues to operate primarily in the renewable power generation sector. The company stated that it does not have any subsidiary, associate, or joint venture companies.

The financial results demonstrate Karma Energy's resilience and growth in the renewable energy sector, with significant improvements in revenue and profitability. However, investors should note the impact of the exceptional item on the quarter's results when assessing the company's core operational performance.

As Karma Energy Limited continues to navigate the dynamic renewable energy landscape, stakeholders will be keenly watching how the company builds on this quarter's performance in the coming months.