PVV Infra Limited's Net Profit Soars 13,629% on Renewable Energy Growth
PVV Infra Limited, a micro-cap company, has reported impressive growth in its renewable energy business. The company has two major solar initiatives underway in Uttar Pradesh and has seen a significant increase in its net profit and revenue.
PVV Infra Limited's net profit soared by 13,629.9 percent year-on-year to Rs. 2.11 crore in the second quarter of FY26. This remarkable performance was driven by a 212 percent increase in revenue, which reached Rs. 10.93 crore during the same period.
The company's expansion in the renewable energy sector is evident in its two solar projects in Uttar Pradesh. The first is a 100 MW project, set to cost Rs. 384 crore and generate Rs. 53 crore annually for 25 years under a Power Purchase Agreement (PPA) with UPNEDA. The second is a 109 MW solar Engineering, Procurement, and Construction (EPC) project. PVV Infra Limited is utilising a Special Purpose Vehicle (SPV) model to enhance efficiency and manage risks in these projects.
Following the strong quarterly results, PVV Infra Limited's shares surged by 5 percent, reaching the upper price band. The company's success in the renewable energy sector, particularly in solar projects, signals a promising future for PVV Infra Limited.
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