Financial Performance - Quarterly (Consolidated)

  • Total Income: ₹371.64 Crore in Q2 FY27, increased by 132% from ₹160.17 Crore in Q2 FY26
  • EBITDA: ₹339.55 Crore in Q2 FY27, increased by 162% from ₹129.78 Crore in Q2 FY26
  • EBITDA Margin: 91.36% in Q2 FY27, expanded by 1,034 basis points from 81.02% in Q2 FY26
  • PAT*: ₹53.56 Crore in Q2 FY27, representing a turnaround from loss of ₹(18.40) Crore in Q2 FY26
  • Cash PAT#: ₹152.55 Crore in Q2 FY27, increased by 285% from ₹39.59 Crore in Q2 FY26

*PAT adjusted for one-time expenses on account of refinancing and IPO of ₹22.97 Crore in Q2 FY27

#Cash PAT computed as reported PAT + Depreciation and amortisation expense + one-time expenses on account of refinancing and IPO of ₹22.97 Crore in Q2 FY27

Financial Performance - Half Yearly (Consolidated)

  • Total Income: ₹695.85 Crore in H1 FY27, increased by 104% from ₹341.37 Crore in H1 FY26
  • EBITDA: ₹634.04 Crore in H1 FY27, increased by 120% from ₹288.33 Crore in H1 FY26
  • EBITDA Margin: 91.12% in H1 FY27, expanded by 666 basis points from 84.46% in H1 FY26
  • PAT*: ₹106.30 Crore in H1 FY27, increased by 3,141% from ₹3.28 Crore in H1 FY26
  • Cash PAT#: ₹279.81 Crore in H1 FY27, increased by 151% from ₹111.47 Crore in H1 FY26

*PAT adjusted for one-time expenses on account of refinancing and IPO of ₹42.26 Crore in H1 FY27

#Cash PAT computed as reported PAT + Depreciation and amortisation expense + one-time expenses on account of refinancing and IPO of ₹42.26 Crore in H1 FY27

Operational Highlights

  • Commissioned 1,036 MWp of new renewable energy capacity and approximately 503 MWh of BESS in the first seven months of FY27 (April-October 2026)
  • Commissioned 51 units of India's largest wind turbine by rotor diameter (5 MW, 181 m rotor) in FY27 till date
  • Total operational capacity reached 2,844 MWp of renewable energy + 604 MWh of BESS as on October 31, 2026
  • Total portfolio stands at 11,218 MWp along with 8,989 MWh of BESS capacity
  • 98% of portfolio with off-takers rated 'A' or above
  • 98% of portfolio secured through long-term PPAs, typically of 25 years duration
  • Connectivity secured, granted and/or applied for the full portfolio, with surplus connectivity of over 5,200 MW available for future bids

Capital Expenditure

  • Total capex incurred till September 30, 2026: ₹18,895 Crore
  • Capex in Q2 FY27: ₹2,591 Crore

Strategic Targets

  • Targeting BESS installation of approximately 4,500 MWh by June 2027
  • Targeting BESS installation of approximately 10,000 MWh by March 2028

Credit Rating Update

ICRA upgraded the credit rating of Juniper Green Energy Limited to AA- (Stable)

Company Background

Juniper Green Energy Limited is an independent renewable energy power producer in India, focused on development, construction, and operation of utility-scale solar, wind, hybrid, and Firm & Dispatchable Renewable Energy projects. The company has been developing renewable energy assets across India since October 2018.