BSEResult3d ago · 11 Nov 2026, 12:30 pm
Standalone and Consolidated unaudited Financial Results of the Company for the quarter and half year ended september 30, 2026
Orient Green Power Company Ltd · 533263
✦ AI Summary▲ PositiveResults
Orient Green Power Company Limited reported its Financial Results for Q2 and H1 FY27, with key highlights including a 8% YoY increase in total income, 12% YoY increase in EBITDA, and a 4% YoY increase in net profit. The company successfully commissioned a 17.6 MW solar plant and entered into an EPC contract for expanding wind power capacity by 6.6 MW.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10
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Orient Green Power Company Ltd - 533263 - Standalone And Consolidated Unaudited Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2026.
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November 11, 2026
The BSE Limited, The National Stock Exchange
Corporate Relations Department, of India Limited,
P.J. Towers, Department of Corporate Services,
Dalal Street, Exchange Plaza, 5th Floor,
Mumbai-400 001. Bandra-Kurla Complex,
Scrip Code: 533263 Mumbai-400 051.
Scrip Code: GREENPOWER
Dear Sir / Madam,
Sub: Intimation on the Outcome of the Board Meeting under Regulations 30 and 33
of the SEBI (Listing Obligations and Disclosure Requirements) Regulations
2015
Further to our letter dated November 04, 2026 and in accordance with Regulations 30 and
33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we
hereby inform you that the Board of Directors of the Company at its Meeting held today,
i.e., November 11, 2026 has inter alia, approved the following:
1. Financial Results
Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we enclose the following:
a. Standalone un-audited Financial Results of the Company for the quarter
and half year ended September 30, 2026.
b. Consolidated un-audited Financial Results of the Company for the quarter
and half year ended September 30, 2026.
c. Limited Review Report on the un-audited Standalone and Consolidated
Financial results for the quarter and half year ended September 30, 2026.
d. Statement of Deviation/ Variation of funds raised for Rs. 250 Crores
through rights issue for equity shares pursuant to Regulation 32(1) of SEBI
LODR for the quarter ended September 30, 2026
2. Intimation for revised timeline for commissioning of the Wind Projects
executed by company subsidiaries
Pursuant to our intimations of various dates, the latest intimations being September 17,
2026 and September 30, 2026, on the Wind Power Projects of our subsidiaries namely M/s
Beta Wind Farm Private Limited (Beta) and M/s Clarion Wind Farm Private Limited
(Clarion) towards Wind Power Capacity Expansion Project of 6.6 MW and 7.8 MW Wind
Repowering Project respectively, we hereby wish to inform you that the Board of
Directors of the company at the meeting held today (November 11, 2026), took cognizance
of satisfactory progress in execution of the project and their present status. Considering
the progress, the Board of Directors have accorded revision in date of commencement of
commercial production of the above projects as under:
Subsidiary Name Capacity Revised Date of
Commencement of
Commercial Production
Beta 2 numbers of Wind Turbine 1 WTG of 3.3 MW by December
Generators (WTG’s) of 3.3 MW 31, 2026 and 1 WTG of 3.3 MW
each totaling to 6.6 MW by January 31, 2027
Clarion 7.8 MW December 31, 2026
The commissioning of the above projects shall be subject to receipt of necessary approvals
from regulatory authorities.
The Board Meeting commenced at 11.00 AM and concluded at 12.15 PM.
Thanking you,
Yours faithfully,
For Orient Green Power Company Limited
G. Srinivasa Ramanujan
Company Secretary & Compliance Officer
OGPL delivers consistent results with gradual growth for H1 FY27
Chennai, November 11, 2026 – Orient Green Power Company Limited (NSE - GREENPOWER | BSE -
533263 | INE999K01014), One of India’s foremost independent renewable power producers, focused on
renewable energy operations, has reported its Financial Results for Q2 and H1 FY27.
Key Financial Highlights
Consolidated
Particulars (₹ Cr) Q2 FY26-27 Q2 FY25-26 YoY H1 FY26-27 H1 FY25-26 YoY
Total Income 146.57 135.45 8% 232.81 228.89 2%
EBITDA 116.55 104.31 12% 176.56 170.23 4%
EBITDA Margin (%) 80% 77% 251 bps 76% 74% 147 bps
Net Profit 81.57 80.94 1% 105.51 109.56 4%
Net Profit margin (%) 56% 60% 410 bps 45% 48% 255 bps
Business Highlights:
● We have reached H1 profit of ₹100 crore+ this year without the ₹16 crore one-time gain of last year.
The Capacity additions and improved credit ratings helped in sustaining the same.
● Improved wind conditions during the quarter coupled with incremental generation from recently
commissioned capacities offset the previous quarter’s deficit leading to a marginal surplus.
● Revenues and EBITDA for the half year were marginally better by 2% y-o-y and 4% y-o-y respectively
● Net Profit however was lower as first half of previous fiscal had one time exceptional income of ₹16
crore.
● Successfully commissioned 17.6 MW solar plant; along with already commissioned 7 MW solar plant,
one of rights issue objectives was fulfilled.
● Repowering capex approaching final phase and to commission shortly subject to regulatory
approvals.
● Entered into an EPC contract for expanding wind power capacity by 6.6 MW.
● Credit rating of material subsidiary upgraded to BBB by CRISIL; solar subsidiary rated BBB by ICRA.
Commenting on the performance, Mr. T Shivaraman, Managing Director & CEO, said:
“The wind availability improved in the current quarter when compared to the moderate wind of
previous quarter. Coupled with the incremental generation from recently commissioned solar and
wind capacities, the generation deficit witnessed in the previous quarter was reversed and surplus
generation was achieved. This resulted in marginal improvement in operational profits for the first
half of current fiscal.
In addition to the 7 MW solar plant already commissioned in the last fiscal, the company
successfully added 17.6 MW solar capacity during the quarter and fulfilled one of the rights issue
objects. The repowering project of 7.8 MW old wind turbines to improve operating efficiencies is
nearing completion and anticipated to be commissioned in the upcoming quarter subject to
regulatory approvals. The company has also entered into contract for adding 6.6 MW of wind
capacity. The above capex are anticipated to be available in entirety for the next wind season and
benefit the performance in years to come.”
About Orient Power Company Limited
Orient Green Power Company Limited (OGPL), headquartered in Chennai and promoted by SVL Limited, is
among the largest independent renewable power producers in India. The Company currently operates
~381.7 MW of wind power capacity across high-potential states such as Tamil Nadu, Andhra Pradesh,
Gujarat, and Karnataka, alongside a 10.5 MW wind farm in Croatia, Europe and a 24.6 MW solar power plant
in Tamil Nadu.
As a top independent operator and developer of wind farms in India by aggregate installed capacity, OGPL
has built its expertise in identifying optimal locations, deploying advanced wind turbine designs, and
maximizing generation efficiency. Its projects are strategically located in states with strong wind energy
potential and supportive renewable energy policies, reinforcing its competitive positioning in the sector.
By combining years of operational experience, strong technical capabilities, and a commitment to
sustainable growth, the Company continues to play a key role in advancing India’s renewable energy
transition.
In FY26, the company on a consolidated basis reported Total Income of ₹315.57 Cr, EBITDA of ₹205.45 Cr
and Net Profit of ₹71.57 Cr.
For further information, please contact:
Ms.J.Kotteswari
Orient Green Power Company Limited
Tel: +91 44 4901 5678
Email: kotteswari.j@orientgreenpower.com
Safe Harbour
Some of the statements in this press release that are not historical facts are forward-looking statements. These forward-looking
statements include our financial and growth projections as well as statements concerning our plans, strategies, intentions and
beliefs concerning our business and the markets in which we operate. These statements are based on information currently available
to us, and we assume no obligation to update these statements as circumstances change. There are risks and uncertainties that
could cause actual events to differ materially from these forward-looking statements. These risks include, but are not limited to, the
level of market demand for our products/services, the highly-competitive market for the types of services that we offer, market
conditions that could cause our customers to reduce their spending for ou
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