Orient Green Power has announced a significant milestone through its Co Managing Director, stating that the company's combined projects are expected to generate substantial annual earnings.

Financial Projections

The company's leadership has projected that their combined projects will deliver strong financial performance in terms of operational profitability.

Strategic Significance

This announcement from the Co Managing Director represents a key development for the renewable energy company, demonstrating the expected financial impact of their project portfolio. The projected EBITDA figure indicates the company's confidence in the operational performance and revenue generation capability of their combined projects.

The substantial annual EBITDA projection of Rs. 3,600 lakhs reflects the company's strategic positioning in the renewable energy sector and suggests strong operational efficiency across their project portfolio.

Orient Green Power Company Limited has announced its Q3FY26 consolidated financial results, demonstrating mixed performance with revenue growth offset by increased losses. The renewable energy company reported revenue from operations of ₹35.97 crores compared to ₹34.51 crores in Q3FY25, while posting a consolidated net loss of ₹21.43 crores versus ₹22.41 crores in the previous year.

Financial Performance Overview

The company's Q3FY26 results show operational stability despite challenging market conditions. Orient Green Power maintained its EBITDA margin at 43% with EBITDA of ₹17.07 crores compared to ₹17.22 crores in Q3FY25.

Nine-Month Performance Highlights

For the nine months ended December 31, 2025, the company demonstrated strong year-to-date performance with revenue from operations increasing 16.37% to ₹254.36 crores from ₹218.60 crores. The company achieved a consolidated net profit of ₹88.13 crores compared to ₹57.10 crores in the corresponding period of the previous year, representing a 54.34% improvement.

Capacity Expansion and Business Development

Orient Green Power made significant progress in capacity expansion during Q3FY26. The company commissioned a 7 MW solar power project and entered into contracts for developing greenfield capacity of 28 MW, consisting of 18 MW solar and 10 MW wind power projects. Additionally, the company secured a contract for repowering 6 MW to enhance productivity of existing wind capacity.

Management Commentary and Strategic Outlook

Managing Director & CEO T. Shivaraman highlighted the company's strategic progress, stating that December quarter generation remained consistent with historical seasonal patterns. He emphasized that favourable wind conditions during the first half supported strong operational performance, resulting in year-to-date revenue and PBT growth of 16% and 88%, respectively.

The company is progressing with capacity additions and repowering of existing wind assets in a phased manner, which are expected to enhance overall returns. Recent contract executions include an 18 MW solar project scheduled for commissioning by May 2026 and a 10 MW wind capacity project expected by April 2026, marking the company's entry into larger-capacity turbines exceeding 3 MW for higher generation efficiencies.