Key Financial Figures - Consolidated Results

Quarterly Performance (Q2 FY27)

  • Revenue from operations: ₹8,081.73 million (vs ₹5,334.46 million in Q2 FY26)
  • Other income: ₹132.17 million
  • Total income: ₹8,213.90 million
  • Profit before tax: ₹1,303.39 million
  • Tax expense: ₹330.58 million
  • Profit after tax: ₹972.81 million
  • EPS (Basic & Diluted): ₹4.35

Half-Yearly Performance (H1 FY27)

  • Revenue from operations: ₹13,635.37 million (vs ₹9,005.25 million in H1 FY26)
  • Other income: ₹415.58 million
  • Total income: ₹14,050.95 million
  • Profit before tax: ₹2,119.68 million
  • Tax expense: ₹521.82 million
  • Profit after tax: ₹1,597.86 million
  • EPS (Basic & Diluted): ₹7.19

Segment-wise Performance (Q2 FY27)

  • Energy segment revenue: ₹14,173.08 million (before elimination)
  • Telecom segment revenue: ₹1,352.99 million (before elimination)
  • Others segment revenue: ₹274.91 million (before elimination)
  • Inter-segment eliminations: ₹7,719.25 million

Key Financial Figures - Standalone Results

Quarterly Performance (Q2 FY27)

  • Revenue from operations: ₹5,945.51 million
  • Other income: ₹203.89 million
  • Total income: ₹6,149.40 million
  • Profit before tax: ₹782.63 million
  • Tax expense: ₹200.19 million
  • Profit after tax: ₹582.44 million
  • EPS (Basic & Diluted): ₹2.70

Half-Yearly Performance (H1 FY27)

  • Revenue from operations: ₹8,587.91 million
  • Other income: ₹392.80 million
  • Total income: ₹8,980.71 million
  • Profit before tax: ₹1,355.06 million
  • Tax expense: ₹347.48 million
  • Profit after tax: ₹1,007.58 million
  • EPS (Basic & Diluted): ₹4.67

Consolidated Financial Position (as at September 30, 2026)

  • Total assets: ₹58,785.56 million (vs ₹53,142.11 million as at March 31, 2026)
  • Total equity: ₹24,276.76 million
  • Total liabilities: ₹34,508.80 million
  • Paid-up equity share capital: ₹431.70 million (face value ₹2 each)

IPO Proceeds Utilization

During the year ended March 31, 2026, the Company completed its Initial Public Offering (IPO) and raised gross proceeds of ₹8,191.48 million. The utilization as at September 30, 2026:

  • Funding capex for battery energy storage systems: ₹6,285.64 million utilized (₹14.36 million unutilized)
  • General corporate purpose: ₹1,149.61 million utilized (₹8.73 million unutilized)
  • Share issue expenses: ₹713.70 million utilized (₹19.44 million unutilized)
  • Total utilized: ₹8,148.95 million
  • Unutilized amount: ₹42.53 million lying in bank accounts

Subsidiary Investments

  • Subscribed to 1,42,85,714 equity shares of Pace Renewable Energies Private Limited (PREPL) at ₹63 per share (₹10 face value + ₹53 premium) aggregating ₹900.00 million
  • Subscribed to 24,47,856 equity shares of Inso Pace Private Limited at ₹244.99 per share (₹10 face value + ₹234.99 premium) aggregating ₹599.70 million
  • Subscribed to optionally convertible debentures of Inso Pace Private Limited of ₹360.00 million (36,00,000 debentures at ₹100 each)

Additional Information

The results include 11 entities in consolidation (parent + 10 subsidiaries including step-down subsidiary). The financial results of 2 subsidiaries (including one step-down subsidiary) with total assets of ₹20.33 million were not reviewed by their respective auditors but were considered not material to the Group.