Orient Green Power reported its highest-ever annual net profit of INR 72 crores, a 70% YoY increase, driven by favorable wind patterns and an interest refund.
The company commissioned its first 7 MW solar plant and added 9.9 MW of new wind capacity, with a further 17.6 MW solar project under construction.
Management discussed a 1 GW capacity target but cited market volatility as a constraint for large-scale expansion and external fundraising plans.
Operational performance was impacted in Q4 by lower wind availability, resulting in a marginal dip in quarterly income and EBITDA.