ALPHA TRIBE

Orient Green Power Company LimitedBoard Meeting, 14-08-2025: Outcome of Board Meeting

14-08-2025 | 07:49 pm

Orient Green Power's Board met, approving strong Q1 FY26 consolidated results. Revenue surged to ₹87.38 Cr (from ₹62.57 Cr YoY), and profit hit ₹28.62 Cr (vs. a loss last quarter). The company is expanding its solar capacity to 25 MW AC, funded partly by the ₹250 Cr rights issue (₹143.36 Cr unutilized, in FDs). A key win: a subsidiary received ₹9.31 Cr from Bank of Baroda, set to boost Q2 profits. Also, a 20 MW wind business was sold for ₹1.01 Cr as a discontinued operation.

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