K P Energy Q1 Results Total Income ₹127.18 Crore & Operating Profit ₹19.95 Crore

K P Energy Q1 Results: K P Energy's financial results for the first quarter of 2024 show some notable changes. The company earned a total revenue of ₹127.18 crore, which is up by 12.6% compared to the same quarter last year but down by 14.3% from the previous quarter. This means that while the company is making more money compared to last year, its revenue dropped from the last quarter. Their operating profit, which is the money made from their core business activities, was ₹19.95 crore. 

K P Energy's slight increase of 5.0% from the same period last year, but it decreased by 9.9% from the last quarter. This suggests that even though the company’s main business is somewhat profitable, it faced challenges compared to the previous quarter. After accounting for all costs, including taxes, the net profit or profit after tax was ₹18.21 crore. 

K P Energy's improvement of 19.5% from last year and 17.9% from the previous quarter. Overall, while K P Energy saw growth in its revenue and net profit compared to last year, its operating profit and revenue from the last quarter faced some decline.

Here's a summary of K P Energy's Q1 financial results:

(All figures in crores except per share values)

Source: Here 

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K P Energy Q1 Results

K P Energy reported a total revenue of ₹12,718.43 lakhs for the quarter ending June 30, 2024, which includes earnings from infrastructure development, power sales, and maintenance services. This is an increase from ₹11,298.82 lakhs reported in the same quarter last year. The company’s income from infrastructure development was ₹11,903.58 lakhs, and they earned ₹712.67 lakhs from power sales. Other income for the quarter was ₹802.34 lakhs.

K P Energy’s total expenses for the quarter were ₹11,207.03 lakhs, covering costs like materials, employee benefits, finance costs, depreciation, and other expenses. This was higher compared to ₹9,587.75 lakhs in the previous year’s quarter. Despite these expenses, K P Energy achieved a profit before tax of ₹2,313.73 lakhs, up from ₹1,747.90 lakhs a year ago.

K P Energy’s After accounting for taxes and share of profit or loss from associates, the company’s profit for the period was ₹1,820.73 lakhs. This is also an increase from ₹1,523.77 lakhs in the same quarter last year. The total comprehensive income, which includes any additional income or expenses not directly related to the core business, was ₹1,820.73 lakhs. This shows a healthy financial performance with a good increase in profitability compared to the previous year.

Here’s a simplified summary of the unaudited consolidated financial results for the quarter ended June 30, 2024:

K P Energy Stock Metrics 

K P Energy shows key financial details and they has a market cap of ₹2,753 Crores, which is the total value of all its shares combined. The stock is currently priced at ₹413 per share, and it has traded between ₹514 (the highest) and ₹159 (the lowest) recently. The Price-to-Earnings (P/E) ratio is 45.4, meaning investors pay 45.4 times the earnings per share. The book value, or net worth per share, is ₹27.8. The dividend yield is very low at 0.04%, indicating minimal returns from dividends. 

Here's a simplified summary of the financial metrics you provided:

Quarterly Results 

The financial results for K P Energy show how the company performed in December 2023, March 2024, and June 2024. In December 2023, the company made Rs. 82 crores in sales and spent Rs. 65 crores, leading to an operating profit of Rs. 17 crores with a 21% profit margin. By March 2024, sales rose to Rs. 207 crores with expenses increasing to Rs. 177 crores, but the operating profit grew to Rs. 31 crores with a lower profit margin of 15%. 

Here's the quarterly financial results for December 2023, March 2024, and June 2024:

(Consolidated Figures in Rs. Crores)

About K P Energy 

KP Energy is a company focused on the development and management of wind energy projects. Founded in 2010, the company has grown significantly, establishing itself as a key player in the renewable energy sector. KP Energy started by securing numerous lease spots for potential wind farms in Gujarat, India. Over the years, they have partnered with major players like Suzlon Energy and CLP India to develop and expand their wind energy projects.

By 2016, KP Energy went public on the BSE SME Exchange, marking a significant milestone. They have achieved several noteworthy accomplishments, including commissioning a record-capacity wind farm and winning prestigious awards in the wind energy sector. Their mission is to create green, independent, and economically viable energy systems. KP Energy’s guiding principles are centered around integrity, passion, teamwork, results, and safety. 

KP Energy prioritize high ethical standards, are enthusiastic about their work, value collaboration, aim for excellent outcomes, and never compromise on safety. Their commitment to these values has led them to become a recognized leader in wind energy development, consistently pushing the boundaries of what is possible in the field.