Apollo Green Energy on June 5 posted a net profit of Rs 44.36 crore in the 2024-25 financial year.
The company had posted a net profit of Rs 29.57 crore 2023-24.
According to a company statement, its revenue stood at Rs 1,171 crore in 2023-24 compared to Rs Rs 726.16 crore in 2024-25.
The company recommended a 15 percent dividend for shareholders for FY25, it said.
With over 400 MW of solar capacity under its portfolio across multiple states, the company is targeting an EPC order book of 1 GW by 2026.
Apollo Green Energy Chairman & Managing Director Raaja Kanwar said in the statement, "We are focusing on expanding our EPC pipeline and increasing our presence in emerging areas like IPP and energy storage." With a growing order book of over Rs 3,000 crore, it stated that Apollo Green is positioning itself as a reliable player in India's clean energy space.
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