Powerica profit doubles to ₹267 crore in FY26
Consolidated revenue climbed 13.5% to ₹3,012 crore as the company expanded its footprint in renewable energy.
— 4 earlier stories on Powerica Ltd. →What's new
- Consolidated revenue rose 13.5% to ₹3,012 crore for FY26.
- Profit attributable to owners jumped to ₹267 crore.
- Board approved two new renewable subsidiaries: Whisperwind Renewable and Windfusion Renewable.
Why this matters
The jump in profit suggests a meaningful improvement in margins following the company's recent debt reduction. The creation of two new renewable subsidiaries signals a clear pivot toward green energy infrastructure.
What we're watching
- The operational performance of the new renewable subsidiaries.
- Further debt reduction progress following the ₹700 crore IPO.
- Standalone versus consolidated margin trends.
The full read
Powerica posted a strong finish to FY26, with consolidated revenue rising 13.5% to ₹3,012 crore. Profit attributable to owners more than doubled to ₹267 crore. Standalone profit after tax grew 42% to ₹202 crore on revenue of ₹2,594 crore.
Debt is falling.
Following its ₹700 crore IPO in April 2026, the company deployed ₹525 crore to pay down debt, while the board simultaneously approved the creation of two new wholly owned subsidiaries, Whisperwind Renewable and Windfusion Renewable, to capture the growing demand for green energy infrastructure across the country.
Questions answered
- How did Powerica's profit compare to the previous year?
- Profit attributable to owners more than doubled to ₹267 crore for FY26.
- What was the revenue growth for the year?
- Consolidated revenue reached ₹3,012 crore, a 13.5% increase over the ₹2,653 crore reported in FY25.
- How did the company utilize its IPO proceeds?
- Powerica completed a ₹700 crore IPO in April 2026 and used ₹525 crore of those funds to repay debt.
- What new subsidiaries did the board approve?
- The board approved the incorporation of two wholly owned subsidiaries: Whisperwind Renewable and Windfusion Renewable.
Story so far
All notes on POWERICA →- 29 May 2026 · 12:53 PM IST Powerica profit doubles to ₹267 crore in FY26
- 1d ago Powerica guides double-digit growth, plans near-zero debt
- 1d ago Powerica profit jumps 61% as revenue hits ₹3,012 crore
- 1d ago Powerica posts ₹267 cr profit, but the market already knew
- 1d ago Powerica reports FY26 profit of ₹277 cr on consolidated revenue