Mumbai, May 15 -- Gujarat-based KPI Green Energy on Wednesday reported a 91 per cent jump in consolidated net profit for the fourth quarter (Q4) of FY25, reaching Rs 46.01 crore, up from Rs 24.03 crore in the same period last fiscal. However, its expenses also rose significantly.

This sharp rise in profit came even as the company witnessed surge in its overall expenses during the quarter. Total expenses for Q4 rose to Rs 439.01 crore, an increase of nearly 88.74 per cent compared to Rs 232.6 crore in the corresponding quarter of FY24.

A major contributor to this spike was the cost of materials consumed, which more than doubled to Rs 317.8 crore from Rs 142.59 crore, marking a 122.94 per cent increase year-on-year (YoY). Employee benefi...