Key Highlights
● Highest ever quarterly Total Income and EBITDA reported by the company
● EBITDA margin expanded by 300 bps YoY to 91%
● Highest ever quarterly RE capacity commissioned by the company: 601 MWp (Solar: 458 MWp, Wind: 143 MW) & 403 MWh BESS added in Q1 FY27
● Operational capacity of 2,575 MWp reached as on date, together with 503 MWh of operational BESS capacity
● Signed a 25-year Power Purchase Agreement (PPA) on August 26, 2026 with SJVN Limited for 50 MW FDRE project at Rs 4.25/kWh
● Two new tenders secured post June 30, 2026 — SECI FDRE Round-the-Clock (Thermal Mimic) tender for 230 MW Contracted capacity & 870 MWp / 2,200 MWh BESS at INR 5.26/kWh, and a 50 MW GUVNL wind project at INR 3.51/kWh
● Commissioned India’s first FDRE project under the SJVN FDRE Tender
● Raised primary funds of INR 1,800 Cr through IPO in August 2026, taking net worth of the company to ~INR 5,200 Cr
Financial Highlights
Consolidated financial performance for the quarter is summarised below:
