Orient Green Power Reports Robust H1 FY26 Performance, Achieves Highest Ever Half-Yearly PAT

Orient Green Power Company Limited (OGPL), a leading independent renewable power producer in India, has reported strong financial results for the second quarter and first half of fiscal year 2026. The company's focus on wind farm operations has yielded significant growth in revenue and profitability.

Financial Highlights

OGPL achieved its highest ever half-yearly consolidated Profit After Tax (PAT), surpassing ₹100 crore. The company's financial performance for H1 FY26 shows substantial year-on-year improvements:

Particulars (₹ Cr)	H1 FY26	H1 FY25	YoY Growth
Total Income	228.62	190.65	19.92%
EBITDA	170.23	147.35	15.53%
Net Profit	109.56	79.51	37.79%
Net Profit Margin	48%	42%	622 BPS

The company's performance in Q2 FY26 also showed positive trends:

Particulars (₹ Cr)	Q2 FY26	Q2 FY25	YoY Growth
Total Income	135.45	123.41	9.76%
EBITDA	104.31	102.32	1.94%
Net Profit	80.94	66.46	21.79%
Net Profit Margin	60%	54%	590 BPS

Operational Highlights

Consistent generation during the quarter maintained the momentum from the previous quarter, contributing to a ~20% year-on-year increase in operating revenues for the half year.
EBITDA for the half year recorded a year-on-year growth of around 16%.
Finance costs reduced by over 20% due to a reduction in interest rates, attributed to prompt repayment of principal and improved ratings.
The company received a refund of ₹16 crore for excess interest charged in earlier years/periods during the quarter, boosting profitability.

Future Outlook

Mr. T Shivaraman, Managing Director & CEO of Orient Green Power, commented on the company's performance and future plans:

A 7MW solar power plant is expected to be commissioned by December 2025.
The remaining planned capacity addition is anticipated to be completed by June 2026.
With component upgrades completed and the proposed solar power plant underway, the company expects to deliver improved returns.

Company Profile

Orient Green Power Company Limited, headquartered in Chennai and promoted by SVL Limited, is among the largest independent renewable power producers in India. The company currently operates:

382.3 MW of wind power capacity across Tamil Nadu, Andhra Pradesh, Gujarat, and Karnataka
A 10.5 MW wind farm in Croatia, Europe

OGPL aims to expand its capacity to over 1,000 MW in the near term, leveraging its expertise in identifying optimal locations, deploying advanced wind turbine designs, and maximizing generation efficiency.

The company's strong performance in H1 FY26 demonstrates its commitment to sustainable growth and its significant role in advancing India's renewable energy transition. With a focus on operational excellence and strategic expansion, Orient Green Power is well-positioned to capitalize on the growing demand for clean energy in India and beyond.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.08%	-2.59%	-4.76%	-1.61%	-28.03%	+585.03%

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.