Electric Utilities company Orient Green Power Company announced Q2FY25 results Revenue from operations: Rs 12,404 lakh compared to Rs 12,230 lakh during Q2FY24. EBITDA: Rs 10,431 lah compared to Rs 10,218 lakh during Q2FY24. EBITDA margin: 83% during Q2FY25. PBT: Rs 6,646 lakh compared to Rs 7,500 during Q2FY24. T Shivaraman, Managing Director & CEO, said: “At the outset, we extend our gratitude to our shareholders for their overwhelming support in subscribing fully to the rights issue. In pursuit of our targeted installed capacity of 1GW, our company has initiated steps for developing a 20+MW solar project from the issue proceeds and another solar project of similar capacity is being planned to be developed by securing debt. Besides, we are also eyeing on repowering certain ageing assets which shall improve our revenues and asset quality. While the wind availability during the current period has been subdued due to weather conditions in Gujarat and at certain locations in Tamil nadu, our company has been able to achieve revenues and profitability similar to previous periods, thanks to the component upgradation work carried on through one of our material subsidiaries, M/s Beta Wind Farm Private Limited. This upgradation is expected to be completed by March 2025 and is likely to improve our consolidated PBT by Rs. 19Crore from FY 2025-26. The finance costs for the H1FY25 are lower by 8% over H1 of FY24, the reduction is predominantly contributed by refinancing of loans, improved credit rating and prompt servicing. We have also created a Debt Service Reserve Account (DSRA) of Rs 69 crore under the loan covenants which strengthens our liquidity position further.” Result PDF