Orient Green Power Company Limited (GREENPOWER) — Board Meeting

📢 Key Event
Board approved FY26 audited results, two merger proposals, and strategic capacity expansions.

🔄 What Changed
Net profit surged 70% YoY to ₹71.57 Cr; interest costs reduced by 21% to ₹57.18 Cr; merger approvals for Bharath Wind Farm and Orient Green Power Europe BV; solar and wind capacity expanded with new projects commissioned.

💡 Investor Takeaway
The company delivered record profitability with strong growth and cost reductions while advancing strategic mergers and capacity expansion to drive future earnings.

The Board approved audited FY26 results showing record net profit of ₹71.57 Cr (70% YoY growth) and 13% revenue growth, alongside approval of two mergers and strategic capacity expansions including a 7 MW solar plant and 9.9 MW wind project. Interest costs fell 21% to ₹57.18 Cr, with a ₹16 Cr refund received. The auditor confirmed no material uncertainty, though a remote risk exists regarding subsidiary CGP status and credit losses.

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