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K.P.I. Global bags 16 MW solar plant contract from Surat-based firm

14 Feb 2022 , 11:00 AM

The announcement was made during market hours today.

K.P.I. Global Infrastructure generates and sells solar power under Solarism brand name in India. It develops, builds, owns, operates, and maintains solar power plants as an independent power producer and captive power producer.

The companys consolidated net profit rose 67.61% to Rs 70.01 crore on a 20.32% increase in net sales to Rs 622.37 crore in Q3 FY22 over Q3 FY21.

After opening 4.19% lower, the scrip managed to pare losses and was currently trading 2.20% lower at Rs 449.15 on the BSE.

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