OGPL Records Highest Net Profit in Company History for FY26
Chennai, May 11, 2026 - Orient Green Power Company Limited, one of India's foremost independent renewable power producers, has reported its comprehensive financial results for the fiscal year 2026 (FY26). The company achieved its highest net profit in its operating history during this period.The company's financial performance for FY26 saw a significant increase in net profit, driven by various operational achievements and revenue boosts.
Key Financial Highlights (₹ Cr)
The following table details the financial performance comparison across key periods:| Particulars | Q4 FY25-26 | Q4 FY24-25 | YoY | FY25-26 | FY24-25 | YoY |
|---|---|---|---|---|---|---|
| Total Income | 46.62 | 47.63 | (2%) | 315.57 | 278.89 | 13% |
| EBITDA | 18.15 | 22.53 | (19%) | 205.45 | 187.31 | 10% |
| EBITDA Margin (%) | 39% | 47% | - | 65% | 67% | - |
| Net Profit | (16.56) | (15.09) | (10%) | 71.57 | 42.01 | 70% |
| Net Profit margin (%) | (36%) | (32%) | - | 23% | 15% | - |
Operational Achievements and Growth Drivers
During FY26, Orient Green Power Company Limited achieved several significant operational milestones. The company commenced its first solar power plant in December 2025 and expanded its wind capacity by 9.9 MW using larger capacity turbines of 3 x 3.3 MW. The firm also began the repowering of old wind turbines, marking a first under the new repowering policy of Tamil Nadu.Financially, the company reported an increase in yearly turnover and EBITDA by approximately 13% and 10%, respectively. Management highlighted that the interest cost reduced from ₹ 71.99 crores to ₹ 57.18 crores, representing a reduction of about 21%. Additionally, the company received a refund of approximately ₹ 16 Crores corresponding to excess interest charged in earlier years/periods.
Commenting on the performance, Mr. T Shivaraman, Managing Director & CEO, noted that favorable wind patterns, particularly in the first half of the fiscal year, benefitted generation and revenues. He attributed the boost in profits partly to the one-off refund of excess interest charged in earlier years. Overall, the 13% increase in total income and 70% increase in net profit enabled the company to register its highest ever net profit in its operating history, despite seasonal variations in wind patterns in the final quarter.
Looking ahead, the company plans to add another 17.6 MW of solar capacity in addition to its first 7 MW solar plant. The company is also taking strategic steps to improve efficiency by repowering about 7.8 MW of old wind turbines capacity, a first under the new repowering policy. These investment plans are anticipated to be completed in the fiscal year FY2026-27.
Company Overview
Headquartered in Chennai and promoted by SVL Limited, Orient Green Power Company Limited is among the largest independent renewable power producers in India. The company operates approximately 381.7 MW of wind power capacity across states including Tamil Nadu, Andhra Pradesh, Gujarat, and Karnataka. In addition to its domestic operations, OGPL maintains a 10.5 MW wind farm in Croatia, Europe, and commissioned a 7 MW solar power plant in Tamil Nadu in FY26.GREENPOWER Stock Price Movement
Orient Green Power Company Limited shares edged higher today, closing at ₹12.24 after gaining 0.99%. The rally occurred on a substantial trading volume of 10.12 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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