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GK Energy, a renewable energy infrastructure company specialising in solar infrastructure deployment across India, has announced its standalone financial results for the quarter ended June 30, 2026.

The company recorded Revenue from Operations of ₹505.19 crore during Q1 FY2026–27, compared with ₹295.27 crore in the corresponding quarter of the previous year, registering a 71.10% year-on-year growth.

EBITDA stood at ₹86.11 crore, up 47.72% year-on-year from ₹58.30 crore reported in Q1 FY2025–26. Profit After Tax (PAT) increased to ₹59.67 crore, compared with ₹36.94 crore in the corresponding quarter last year, marking a 61.55% year-on-year growth.

The company said the performance builds on the strong foundation established during FY2025–26 and was supported by its low-capex operating model, sustained execution under the renewable energy framework, rising demand for decentralized solar infrastructure and strong execution capabilities.

Commenting on the performance, Mr. Gopal Kabra, Chairman & Managing Director, GK Energy, said: “India’s transition towards renewable energy continues to create meaningful opportunities to expand access to clean and reliable power. At GK Energy, we remain focused on building a scalable and disciplined business that delivers long-term value for all stakeholders. Our performance this quarter reflects the strength of our execution capabilities, financial discipline and the trust placed in us by our customers and partners. As the sector continues to evolve, we will remain committed to delivering sustainable growth while contributing meaningfully to India’s clean energy ambitions. With a strong project pipeline, strong execution ecosystem and expanding market presence, we are well positioned to sustain this growth momentum during the year.”

During the quarter, GK Energy continued to strengthen its operational capabilities across regions while further enhancing its project execution capacity. The Company’s decentralized operating model, supported by a robust ecosystem of OEM/ODM manufacturing partners and an extensive installation network, continues to enable efficient project execution at scale.

The Company till June 2026 has cumulatively installed more than 164,500 renewable energy systems and commissioned over 726 MW of renewable energy capacity across India, with operational presence spanning 7,500+ villages. Its execution capabilities are supported by dedicated warehousing infrastructure, logistics capabilities, and a large network of installation and commissioning partners across multiple states.

India’s renewable energy sector continues to witness strong policy support through initiatives promoting solar adoption, energy security and rural electrification. With increasing investments in clean energy infrastructure and growing adoption of decentralized solar

GK Energy, a renewable energy infrastructure company specialising in solar infrastructure deployment across India, has announced its standalone financial results for the quarter ended June 30, 2026.

The company recorded Revenue from Operations of ₹505.19 crore during Q1 FY2026–27, compared with ₹295.27 crore in the corresponding quarter of the previous year, registering a 71.10% year-on-year growth.

EBITDA stood at ₹86.11 crore, up 47.72% year-on-year from ₹58.30 crore reported in Q1 FY2025–26. Profit After Tax (PAT) increased to ₹59.67 crore, compared with ₹36.94 crore in the corresponding quarter last year, marking a 61.55% year-on-year growth.

The company said the performance builds on the strong foundation established during FY2025–26 and was supported by its low-capex operating model, sustained execution under the renewable energy framework, rising demand for decentralized solar infrastructure and strong execution capabilities.

Commenting on the performance, Mr. Gopal Kabra, Chairman & Managing Director, GK Energy, said: “India’s transition towards renewable energy continues to create meaningful opportunities to expand access to clean and reliable power. At GK Energy, we remain focused on building a scalable and disciplined business that delivers long-term value for all stakeholders. Our performance this quarter reflects the strength of our execution capabilities, financial discipline and the trust placed in us by our customers and partners. As the sector continues to evolve, we will remain committed to delivering sustainable growth while contributing meaningfully to India’s clean energy ambitions. With a strong project pipeline, strong execution ecosystem and expanding market presence, we are well positioned to sustain this growth momentum during the year.”

During the quarter, GK Energy continued to strengthen its operational capabilities across regions while further enhancing its project execution capacity. The Company’s decentralized operating model, supported by a robust ecosystem of OEM/ODM manufacturing partners and an extensive installation network, continues to enable efficient project execution at scale.

The Company till June 2026 has cumulatively installed more than 164,500 renewable energy systems and commissioned over 726 MW of renewable energy capacity across India, with operational presence spanning 7,500+ villages. Its execution capabilities are supported by dedicated warehousing infrastructure, logistics capabilities, and a large network of installation and commissioning partners across multiple states.

India’s renewable energy sector continues to witness strong policy support through initiatives promoting solar adoption, energy security and rural electrification. With increasing investments in clean energy infrastructure and growing adoption of decentralized solar

GK Energy, a renewable energy infrastructure company specialising in solar infrastructure deployment across India, today announced its standalone financial results for the quarter ended June 30, 2026.

The company recorded Revenue from Operations of ₹505.19 crore during Q1 FY2026–27, compared with ₹295.27 crore in the corresponding quarter of the previous year, registering a 71.10% year-on-year growth.

EBITDA stood at ₹86.11 crore, up 47.72% year-on-year from ₹58.30 crore reported in Q1 FY2025–26. Profit After Tax (PAT) increased to ₹59.67 crore, compared with ₹36.94 crore in the corresponding quarter last year, marking a 61.55% year-on-year growth.

The company said the performance builds on the strong foundation established during FY2025–26 and was supported by its low-capex operating model, sustained execution under the renewable energy framework, rising demand for decentralized solar infrastructure and strong execution capabilities.

Commenting on the performance, Mr. Gopal Kabra, Chairman & Managing Director, GK Energy, said: “India’s transition towards renewable energy continues to create meaningful opportunities to expand access to clean and reliable power. At GK Energy, we remain focused on building a scalable and disciplined business that delivers long-term value for all stakeholders. Our performance this quarter reflects the strength of our execution capabilities, financial discipline and the trust placed in us by our customers and partners. As the sector continues to evolve, we will remain committed to delivering sustainable growth while contributing meaningfully to India’s clean energy ambitions. With a strong project pipeline, strong execution ecosystem and expanding market presence, we are well positioned to sustain this growth momentum during the year.”

During the quarter, GK Energy continued to strengthen its operational capabilities across regions while further enhancing its project execution capacity. The Company’s decentralized operating model, supported by a robust ecosystem of OEM/ODM manufacturing partners and an extensive installation network, continues to enable efficient project execution at scale.

The Company till June 2026 has cumulatively installed more than 164,500 renewable energy systems and commissioned over 726 MW of renewable energy capacity across India, with operational presence spanning 7,500+ villages. Its execution capabilities are supported by dedicated warehousing infrastructure, logistics capabilities, and a large network of installation and commissioning partners across multiple states.

India’s renewable energy sector continues to witness strong policy support through initiatives promoting solar adoption, energy security and rural electrification. With increasing investments in clean energy infrastructure and growing adoption of decentralized solar

Juniper Green Energy Limited has emerged as the winning bidder for 230 MW under the e-Reverse auction conducted by the Solar Energy Corporation of India (SECI) for its 1000 MW FDRE Round-the-Clock (RTC) Renewable Energy tender. The Company secured the capacity at a tariff of ₹5.26 per unit. 

The Letter of Award (LOA) is expected to be issued within the timelines prescribed under the tender document. 

The project further strengthens Juniper Green Energy’s growing portfolio of FDRE and Round-theClock projects, reinforcing the Company’s ability to deliver reliable renewable power through integrated solar, wind, and Battery Energy Storage System (BESS) solutions. The project will be backed by a 25- year Power Purchase Agreement (PPA) with SECI, with the Scheduled Commercial Operation Date (SCOD) set at 24 months from the PPA Effective Date. 

Under the tender conditions, the project will be required to achieve the prescribed Delivered Firm Round-the-Clock (DFR) commitments, including a minimum of 90% DFR during designated peak hours, 50–60% during solar hours, and 70% during non-solar, non-peak hours. It will leverage Juniper Green Energy’s integrated development capabilities across solar, wind, and battery storage technologies to ensure consistent and reliable power delivery 

Commenting on the development, Ankush Malik, Whole Time Director & Chief Executive Officer, Juniper Green Energy Limited, said, “This successful bid marks another important milestone in our journey of building large-scale, reliable renewable energy solutions for India’s evolving power needs. Firm and Dispatchable Renewable Energy is becoming increasingly critical to enabling round-the-clock clean power, and this project further strengthens our position in this emerging segment. We remain committed to delivering high-quality renewable energy assets that support India’s energy transition while creating long-term value for all stakeholders.” 

JSW Energy’s renewable energy subsidiaries have secured more than ₹4,000 crore in long-term debt from a consortium comprising Axis Bank, Bank of Maharashtra and the National Bank for Financing Infrastructure and Development (NaBFID). The financing will be utilised to support the company’s ongoing and upcoming renewable energy projects, reinforcing its expansion strategy in India’s fast-growing clean energy sector.

The funding has been structured as long-tenor project loans with competitive pricing, reflecting the growing preference among renewable energy developers for bank financing during the construction phase. Industry experts note that commercial banks and infrastructure-focused financial institutions are increasingly offering attractive lending terms, making bank borrowings more cost-effective than raising capital through corporate bond issuances.

The fresh capital will support JSW Energy’s continued capacity addition across solar, wind and hybrid renewable energy projects. The company has been steadily expanding its clean energy portfolio as part of its long-term objective of strengthening its presence in sustainable power generation while contributing to India’s renewable energy transition.

The latest borrowing underscores the increasing confidence of financial institutions in India’s renewable energy sector, where long-term policy support, improving project economics and rising power demand continue to drive investments. As developers accelerate project execution to meet the country’s ambitious clean energy targets, access to competitive long-term financing is expected to remain a key enabler of sectoral growth.