Ravindra Energy Limited — Important, 29-05-2025: General Updates

Ravindra Energy has commissioned 55 MW of its 135 MW Rural Agri Feeder project, with the balance on track. It added new 80 MW agrifeeder projects in Maharashtra and Karnataka plus 12 MW in C&I PPAs. The company plans to sell 175 MW of solar parks by September and is building a 60 MW park at Hingoli. In EV, its associate EIM secured exclusive rights for FOTON electric heavy vehicles, targeting launch in Q2 FY26 with battery swapping linked to Ravindra’s renewables. Q4 PAT stood at Rs 13.65 Cr, boosted by Rs 9 Cr gain on solar park sale; net worth rose to Rs 350.3 Cr with lower borrowings.