Orient Green Power Reports Record Half-Yearly PAT, Exceeding ₹100 Crore
Orient Green Power Company Limited (OGPL) announced strong financial results for Q2 and H1 FY26. The company achieved its highest ever half-yearly consolidated profit after tax of over ₹100 crore. Revenue from operations grew by 20% YoY to ₹21,839 lakhs, while EBITDA increased by 16% to ₹17,023 lakhs. Profit Before Tax surged by 60% to ₹10,971 lakhs. The company reduced finance costs by over 20% due to lower interest rates and improved credit ratings. OGPL is expanding its renewable energy portfolio with a 7MW solar power plant expected to be commissioned by December 2025. The company's subsidiary, Delta Renewable Energy Private Limited, conducted a preferential issue in August 2025, reducing OGPL's stake to 70%.
*this image is generated using AI for illustrative purposes only.
Orient Green Power Company Limited (OGPL), a leading independent renewable energy-based power generation company in India, has announced its financial results for the quarter and half-year ended September 30, 2025, showcasing significant growth and profitability.
Financial Highlights
The company achieved its highest ever half-yearly consolidated profit after tax (PAT), surpassing ₹100 crore. Key financial metrics for the half-year period showed impressive year-on-year growth:
| Metric | HY1 FY26 (₹ in lakhs) | HY1 FY25 (₹ in lakhs) | YoY Growth |
|---|---|---|---|
| Revenue from Operations | 21,839.00 | 18,389.00 | ~20% |
| EBITDA | 17,023.00 | 14,735.00 | ~16% |
| Profit Before Tax (PBT) | 10,971.00 | 6,869.00 | ~60% |
| Consolidated PAT | 10,956.00 | 7,951.00 | ~38% |
Operational Performance
The company's generation during the quarter remained consistent, continuing the momentum from the previous quarter. This stability enabled OGPL to post a year-on-year increase of approximately 20% in operating revenues for the half-year period.
Financial Management
OGPL reported a reduction in finance costs by over 20%, attributed to lower interest rates resulting from prompt repayment of principal and improved credit ratings. Additionally, the company received a refund of ₹16.00 crore for excess interest charged in earlier periods during the quarter, which was recognized as exceptional income and boosted profitability.
Future Outlook
Mr. T Shivaraman, Managing Director & CEO of Orient Green Power, commented on the company's performance and future plans: "Our 7MW solar power plant is expected to be commissioned by December 2025. The balance planned capacity addition is expected to be completed by June 2026. With the component upgradation completed so far, coupled with the proposed solar power plant underway, we expect to deliver improved returns."
Expansion Plans
OGPL is actively expanding its renewable energy portfolio:
- A 7MW solar power plant is nearing completion, with commissioning expected by December 2025.
- Additional capacity expansion is planned to be completed by June 2026.
Corporate Actions
During August 2025, Delta Renewable Energy Private Limited (DELTA), a subsidiary of OGPL, conducted a preferential issue. OGPL's shareholding in DELTA reduced from 100% to 70% following this issue, which included subscriptions from other companies.
Credit Rating Update
In September 2025, CRISIL Ratings Limited revised its rating outlook on the long-term bank facilities of Beta Wind Farm Private Limited, a subsidiary of OGPL, to 'Positive' from 'Stable' while reaffirming the rating at 'CRISIL BBB-'.
Orient Green Power's strong financial performance, coupled with its ongoing expansion in the renewable energy sector, positions the company for continued growth in the coming years. The management's focus on improving operational efficiency and expanding its solar power capacity is expected to drive further improvements in financial results and shareholder value.
Historical Stock Returns for Orient Green Power
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.58% | +3.87% | +6.80% | +15.17% | -25.41% | +639.15% |
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