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[hfe_template id='11223'] [ad_1] Shares of KPI Green Energy climbed as much as 5% on Friday to hit their upper circuit limit at Rs 452.65 on the BSE, after the solar power generation company reported a 67% year-on-year increase in net profit for the December quarter. The consolidated net profit rose to Rs 84.50 crore in Q3 FY25, up from Rs 50.61 crore in the same period last year. The company's revenue from operations for the third quarter also saw a significant uptick, registering a 38.8% YoY growth to Rs 458.36 crore, compared to Rs 330 crore in the year-ago quarter. The company attributed this robust performance to sustainable growth in its renewable energy business. Also read | 3 out of 4 Nifty 50 firms saw EPS cuts in January 2025: JM Financial In addition to the strong financial results, KPI Green Energy declared a third interim dividend of 4%, equating to Rs 0.20 per equity share with a face value of Rs 5 each, for the financial year 2024-25. The record date f...

[hfe_template id='11223'] [ad_1] Bharat Heavy Electricals Ltd (BHEL) shares rallied 4.5% to an intraday high of Rs 196.10 on BSE today, Jan 29, 2025 after the state-owned company reported a 123.5% year-on-year (YoY) jump in net profit to Rs 134.7 crore for the quarter ended December 31, 2024, driven by higher revenues. In the same quarter last year, BHEL posted a net profit of Rs 60.3 crore. Revenue from operations surged 32.2% YoY to Rs 7,277.1 crore, compared to Rs 5,503.8 crore in the year-ago period. Also Read: Stocks in news: Bajaj Finance, Maruti, Tata Motors, SBI Card, Suzlon Energy At the operating level, EBITDA rose 40.6% YoY to Rs 304.3 crore, up from Rs 216.5 crore in Q3 FY24. The EBITDA margin stood at 4.2%, compared to 3.9% in the corresponding quarter of the previous fiscal. "The financials for the nine months ended December 31, 2023, have been restated in line with the change in accounting policy by the company in FY 2023-24, with respect to factorin...