KP Green Engineering Ltd Share Price – BSE

Engineering, Small Cap

KP Green Engineering announced that ICRA has assigned a long-term rating of ICRA A-; Stable to the Company's fund based cash credit of Rs 25 crore.

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The company has received an order worth Rs 100.20 crore for its solar projects segment, which includes fixed tilt module mounting structures, supply of tracker-type module mounting structures, and structure parts. Additionally, it has secured an order worth Rs 39.10 crore for transmission towers.

Further, the isolators segment received orders worth Rs 2.60 crore, Rs 11.70-crore order for railway track fencing crash barriers, Rs 4.20 crore for cable trays, and Rs 7.90 crore for solar project material supply to international entities.

KP Green Engineering is engaged in the business of Fabrication, Galvanizing, Fault Rectification Team, Patrolling of Optical Fiber Cables, Site Clearance Work, Solar Rooftop Installation, Sale of Solar Electricity, EPC, Mobile Tower Manufacturing, and Turnkey Service Provider to Mobile and Renewable Energy Industry.

On a full-year basis, the company's net profit surged 190.6% to Rs 35.13 crore on a 205.6% rise in net sales to Rs 349.05 crore in FY24 over FY23.

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KP Green Engineering announced that the Board of Directors of the Company at its meeting held on 6 November 2024, inter alia, have recommended the First Interim dividend of Rs 0.2 per equity Share (i.e. 4%) , subject to the approval of the shareholders.

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KP Green Engineering will hold a meeting of the Board of Directors of the Company on 6 November 2024

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