Juniper Green Energy Q2 FY27 Results Post-IPO

Summary of Key Information:

Reporting Period: Quarter and Half Year ended September 30, 2026

Nature of Filing / Announcement: Outcome of Board Meeting pursuant to Regulation 30 of SEBI Listing Regulations

Audit Opinion:

Clean (Unmodified) limited review report issued by Walker Chandiok & Co LLP for both standalone and consolidated results.

Key Financial Highlights [All amounts in Rs. million]:

Standalone Results:

Revenue from Operations:

Q2 FY27: ₹694.01 million (vs. Q2 FY26: ₹617.13 million)
H1 FY27: ₹1,830.33 million (vs. H1 FY26: ₹1,295.08 million)

Total Income:

Q2 FY27: ₹1,329.20 million
H1 FY27: ₹2,978.31 million

Net Profit:

Q2 FY27: ₹72.56 million (vs. Q2 FY26: ₹141.81 million)
H1 FY27: ₹147.04 million (vs. H1 FY26: ₹317.48 million)

EPS (Basic):

Q2 FY27: ₹0.13 (vs. Q2 FY26: ₹0.29)
H1 FY27: ₹0.29 (vs. H1 FY26: ₹0.65)

Other Equity:

As of September 30, 2026: ₹46,020.73 million (vs. March 31, 2026: ₹29,389.70 million)

Cash and Cash Equivalents:

As of September 30, 2026: ₹4,738.69 million (vs. March 31, 2026: ₹2,204.52 million)

Debt:

Long-term borrowings: ₹17,718.94 million (vs. March 31, 2026: ₹17,740.29 million)
Short-term borrowings: ₹211.08 million (vs. March 31, 2026: ₹2,094.89 million)

Consolidated Results:

Revenue from Operations:

Q2 FY27: ₹3,446.58 million (vs. Q2 FY26: ₹1,458.95 million)
H1 FY27: ₹6,358.54 million (vs. H1 FY26: ₹3,065.63 million)

Total Income:

Q2 FY27: ₹3,716.36 million
H1 FY27: ₹6,958.49 million

Net Profit:

Q2 FY27: ₹305.87 million (vs. Q2 FY26: Loss of ₹184.04 million)
H1 FY27: ₹640.39 million (vs. H1 FY26: ₹32.83 million)

EPS (Basic):

Q2 FY27: ₹0.57 (vs. Q2 FY26: -₹0.38)
H1 FY27: ₹1.25 (vs. H1 FY26: ₹0.07)

Other Equity:

As of September 30, 2026: ₹46,472.95 million (vs. March 31, 2026: ₹29,348.93 million)

Cash and Cash Equivalents:

As of September 30, 2026: ₹6,095.90 million (vs. March 31, 2026: ₹11,019.87 million)

Debt:

Long-term borrowings: ₹122,153.91 million (vs. March 31, 2026: ₹112,417.24 million)
Short-term borrowings: ₹14,960.32 million (vs. March 31, 2026: ₹16,788.17 million)

Segment-wise Performance:

The Group operates in a single reportable segment: sale of power and establishing, commissioning, setting up, operating and maintaining power generation using renewable power plants within India.

Corporate Actions:

IPO completed on August 6, 2026: 8,00,09,150 equity shares of face value ₹10 each at issue price of ₹225 per share
Fresh issue aggregating to ₹18,000.00 million
Employee reservation portion: 98,039 equity shares at ₹204 per share aggregating to ₹20 million
Paid-up equity share capital increased to ₹5,689.98 million from ₹4,889.90 million

Other Significant Information:

IPO Proceeds Utilization:

| Repayment of company borrowings | 6,832.35 | 6,014.97 | 817.38 |

| Investment in subsidiaries for debt repayment | 7,286.86 | 4,442.01 | 2,844.85 |

| General corporate purpose | 3,000.36 | 2,137.50 | 862.86 |

| Total | 17,119.57 | 12,594.48 | 4,525.09 |

Unutilized proceeds held in Public Offer Account and Monitoring Account in fixed deposits
Share issue expenses: ₹880.43 million (₹833.21 million adjusted against securities premium)

Accounting Policy Change:

Effective April 1, 2026: Revised useful life of Plant and Machinery (Solar and Wind power plants)
Impact on H1 FY27 standalone depreciation: ₹6.23 million lower; net PAT impact: ₹4.66 million higher
Impact on H1 FY27 consolidated depreciation: ₹249.44 million lower; net PAT impact: ₹195.91 million higher

Operational Update:

Business is seasonal in nature
Company and certain subsidiaries commenced commercial generation and sale of power during Q2 FY27
Financial performance not strictly comparable with previous periods due to expanded operational base