GREENPOWER NSE filing

Orient Green Power Q3 FY26 Results: Revenue Up 4%, PBT Grows 88%

The RealCase readMedium impact Positive

Orient Green Power reported Q3 FY26 results with revenue from operations at ₹3,597 lakhs, up 4% YoY. Nine-month revenue increased 16% to ₹25,436 lakhs. PBT for nine months grew 88% to ₹8,840 lakhs. The company commissioned 7 MW solar capacity and plans 28 MW new capacity by April-May 2026, plus 6 MW repowering by June 2026.

Why it matters

The results show growth in key financial metrics and significant expansion plans for renewable energy capacity. The increase in PBT and strategic capacity additions are positive developments for the company's future performance.

The market read

The company reported year-on-year growth in revenue and a significant increase in PBT for the nine-month period. Positive commentary from the MD & CEO on future growth initiatives and capacity additions also contribute to a positive sentiment.

Orient Green Power Company Limited (OGPL) announced its financial results for the quarter and nine months ended December 31, 2025. The company reported consolidated revenue from operations of ₹3,597 lakhs for Q3 FY26, a 4% increase from ₹3,451 lakhs in Q3 FY25. For the nine months ended December 31, 2025, revenue from operations grew by 16% to ₹25,436 lakhs from ₹21,860 lakhs in the same period last year.

Profit Before Tax (PBT) for the nine months ended December 31, 2025, saw a significant increase of 88%, reaching ₹8,840 lakhs compared to ₹4,710 lakhs in the prior year. However, the consolidated profit after tax (PAT) for Q3 FY26 was a loss of ₹2,143 lakhs, compared to a loss of ₹2,241 lakhs in Q3 FY25. For the nine months, consolidated PAT stood at ₹8,813 lakhs, up from ₹5,710 lakhs in the previous year.

The company commissioned a 7 MW solar power project during the quarter. It also entered into contracts for developing new greenfield capacities totaling 28 MW, including an 18 MW solar project scheduled for commissioning by May 2026 and a 10 MW wind power project expected by April 2026. Furthermore, a contract for repowering 6 MW of existing wind capacity is expected to be completed by June 2026. These initiatives are anticipated to contribute approximately ₹3,600 lakhs in EBITDA annually.

Mr. T Shivaraman, Managing Director & CEO, commented that the December quarter generation was consistent with seasonal patterns, and favourable wind conditions supported strong operational performance. He highlighted that the new capacity additions and repowering of existing assets are expected to enhance overall returns. The entry into larger-capacity wind turbines for the new 10 MW project is expected to improve generation efficiencies.

The company also confirmed no deviation in the utilization of funds raised through its rights issue of ₹250 crore, allotted on September 20, 2024. The funds were utilized for investing in subsidiaries for project development, repayment of loans, and lending to subsidiaries for loan repayment, among other general corporate purposes.

Filing to action

What to do with a filing like this

Orient Green Power Company Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Orient Green Power Company Limited. Read the original for the full detail.

View original filing