Hot Pursuit     12-Jan-22
K.P.I. Global Infrastructure advances on commissioning 2.964 MWdc solar power project
K.P.I. Global Infrastructure jumped 3.47% to Rs 408.75 after the company commissioned 2.964 MWdc (mega-watt DC) solar power project under 'Captive Power Producer (CPP)' segment of the company.

The clients of the solar power project were: Navnidhi Dyeing & Printing Mills (0.251 MWdc), Priyanshi Creations (1.206 MWdc) and Veekey Prints (1.507 MWdc).

On a consolidated basis, the company posted a net profit of Rs 12.26 crore in Q2 FY22 as compared to a net profit of Rs 1.38 crore reported in Q2 FY21. Net sales soared 135.9% to Rs 57.43 crore in Q2 FY22 over Q2 FY21.

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.

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