Juniper Green Energy Q2 FY27 Results: Consolidated Net Profit ₹30.59 Crore on Total Income of ₹372 Crore
- Earnings
- renewable energy
Reviewed byKeshav SehgalBlacklitt Research
Juniper Green Energy (NSE: JNPR) reported consolidated total income of ₹371.64 crore and a consolidated net profit of ₹30.59 crore for the quarter ended 30 Sep 2026, a year on from a loss. Standalone total income was ₹132.92 crore and standalone net profit ₹7.26 crore for the same quarter.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹371.64 crore, up 132.0% YoY and 14.6% QoQ
- Net profit and EPS: ₹30.59 crore against a loss of ₹18.40 crore a year earlier; basic EPS ₹0.57
- Finance costs: ₹201.14 crore, up 108.4% YoY and 14.4% QoQ
Standalone
The company on its own, without its subsidiaries
- Total income: ₹132.92 crore, up 14.0% YoY and down 19.4% QoQ
- Net profit and EPS: ₹7.26 crore, down 48.8% YoY; basic EPS ₹0.13
- Other income: ₹63.52 crore, 47.8% of total income
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 371.64 | 160.17 | +132.0% | 324.21 | +14.6% | |
| Revenue from operations | 344.66 | 145.90 | +136.2% | 291.20 | +18.4% |
| Other income | 26.98 | 14.27 | +89.0% | 33.02 | -18.3% |
| 30.59 | -18.40 | n/a | 33.45 | -8.6% | |
| Profit before tax | 39.41 | -24.73 | n/a | 44.16 | -10.7% |
| Finance costs | 201.14 | 96.52 | +108.4% | 175.82 | +14.4% |
| Depreciation | 98.99 | 57.99 | +70.7% | 74.52 | +32.8% |
| Tax expense | 8.83 | -6.33 | n/a | 10.70 | -17.5% |
| Net profit margin | 8.23% | -11.49% | +19.72 pp | 10.32% | -2.09 pp |
| EPS, basic (₹) | 0.57 | -0.38 | n/a | 0.68 | -16.2% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Income grew much faster than profit. Consolidated total income rose 132.0% year on year, but profit before tax moved from a loss of ₹24.73 crore to ₹39.41 crore. Revenue from operations of ₹344.66 crore is the larger part of the increase, with other income at ₹26.98 crore.
Depreciation rose 70.7% year on year to ₹98.99 crore.
The notes say the useful life of solar and wind plant was revised from 1 Apr 2026, applied prospectively. Net profit fell 8.6% quarter on quarter while total income rose 14.6%.
The year-earlier quarter is a low base: its figures are balancing figures and were not subject to review or audit, per the notes. The reason for the year-earlier tax credit is not stated.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 132.92 | 116.57 | +14.0% | 164.91 | -19.4% | |
| Revenue from operations | 69.40 | 61.71 | +12.5% | 113.63 | -38.9% |
| Other income | 63.52 | 54.86 | +15.8% | 51.28 | +23.9% |
| 7.26 | 14.18 | -48.8% | 7.45 | -2.6% | |
| Profit before tax | 9.76 | 18.74 | -47.9% | 10.05 | -2.8% |
| Finance costs | 56.68 | 34.71 | +63.3% | 51.22 | +10.7% |
| Depreciation | 7.86 | 4.15 | +89.1% | 5.55 | +41.5% |
| Tax expense | 2.51 | 4.56 | -45.0% | 2.60 | -3.6% |
| Net profit margin | 5.46% | 12.17% | -6.71 pp | 4.52% | +0.94 pp |
| EPS, basic (₹) | 0.13 | 0.29 | -55.2% | 0.15 | -13.3% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone profit fell while income rose. Total income grew 14.0% year on year to ₹132.92 crore, yet net profit fell 48.8% to ₹7.26 crore, and profit before tax fell 47.9%. Revenue from operations rose only 12.5%, and other income of ₹63.52 crore makes up 47.8% of total income.
Finance costs of ₹56.68 crore are 42.6% of standalone total income, up 63.3% year on year. Depreciation rose 89.1% to ₹7.86 crore. The useful life change would have raised standalone depreciation by ₹3.13 million for the quarter, with a net profit impact of ₹2.34 million, according to the notes.
Inference
The filing reports ₹18,000.00 million of fresh issue proceeds from the IPO listed on 6 Aug 2026, of which ₹12,594.48 million was utilised up to 30 Sep 2026 against planned use of ₹17,119.57 million, leaving ₹4,525.09 million pending. Consolidated borrowings and finance costs remain large, with consolidated long-term borrowings of ₹122,153.91 million at 30 Sep 2026.
The company says the results are seasonal and should not be regarded as indicative of the full financial year ending 31 Mar 2027. The filing does not state whether any dividend is proposed, nor the split of consolidated revenue between the new generation projects and the rest of the group.
Filed with BSE on . Reference: Original filing (PDF)
Disclaimer:
The information available on this article is provided for education and informational purposes only. It does not constitute or provide financial, investment or trading advice and should not be construed as an endorsement of any specific stock or financial strategy in any form or manner. We do not make any representations or warranties regarding the quality, reliability, or accuracy of the information provided. This website may contain links to third-party content. We are not responsible for the content or accuracy of these external sources and do not endorse or verify the information provided by third parties. We are not liable for any decisions made or actions taken based on the information provided on this website.
