KPI Green Energy Limited has informed the Exchange regarding Change in Auditors of the company.
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KPI Green Energy Limited reported strong audited consolidated financial results for FY2025-26 with revenue of Rs. 26,959.00 crore (up 56% YoY) and net profit of Rs. 5,092.38 crore (up 57% YoY). The Board recommended a final dividend of Rs. 0.25 per share plus a special dividend of Rs. 0.15 per share for successful energization of the 1 GW IPP project, totaling Rs. 0.40 per share. The company appointed M/s. RHA & Co. as Internal Auditor and M/s. V.M. Patel & Associates as Cost Auditor for FY2026-27. Statutory auditor K A Sanghavi & Co LLP continues to serve and issued unmodified opinions on both standalone and consolidated results. Total assets grew to Rs. 9,882.06 crore (up 106% YoY). Note: The filing headline mentions 'Change in Auditors' but the document content shows no change in statutory auditors.
Strong financial growth with near-doubling of assets reflects aggressive expansion in the solar power sector. The special dividend signals management confidence in the 1 GW project completion. The debt equity ratio increased to 1.49 from 0.46, indicating higher leverage for growth funding.