Green Energy Stock engaged in providing a wide range of renewable energy solutions such as floating solar panels, solar rooftops, hydrogen electrolyzers, and many more jumped upto 5 percent in the day’s trade following 750 percent jump in Net Profits.
Price Action
With a market capitalization of Rs. 4,775 Crores, the shares of Oriana Power Limited were trading at Rs. 2,350 per equity share, up 0.55 percent from its previous day’s close price of Rs. 2,337.25.
Results
Its revenue from operations half yearly grew by 461 percent YoY from Rs. 64.05 Crores in H1FY24 to Rs. 359.54 Crores in H1FY25 and it grew by 13 percent HoH from Rs. 318.81 Crores in H2FY24 to Rs. 359.54 Crores in H1FY25.
Its net profit half yearly grew by 750 percent YoY from Rs. 5.72 Crores in H1FY24 to Rs. 48.59 Crores in H1FY25 and it declined by 0.06 percent HoH from Rs. 48.62 Crores in H2FY24 to Rs. 48.59 Crores in H1FY25.
Recent Work Order
Oriana Power Limited received a work order from NTPC – Vidyut Vyapar Nigam Limited for a consideration of Rs. 83.56 Crores for providing Engineering, Procurement, and Construction (EPC), commissioning, operation, and maintenance of a 19.26 MW Solar Power Plant at its preferred location and it is to be completed within 8 months.
About the Company
Oriana Power Limited is engaged in providing a wide range of solar energy solutions to industrial and commercial customers. Its solutions include floating solar panels, rooftop solar, hydrogen electrolyzers, and many more.
Oriana Power Limited announced the plan to build a gigawatt scale factory to produce electrolyzer and BOP modules for green hydrogen and EFuels. It is collaboratively working on developing Green Hydrogen and E-Fuels Projects in the UK and Europe and the Factory is to be commissioned in two phases, with the first 500 megawatts (MW) phase to be operational by 2026 and
Oriana Power Limited is expanding its portfolio with an additional 250+ MWp of solar projects under execution along with expansion on CBG and Green Hydrogen/Electrolyzer, demonstrating a steadfast commitment to a sustainable energy future. It has successfully delivered over 200+ MWp of solar projects implemented 120+ projects and served over 50+ clients.
Written by Bharath KS
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