Apollo Green Energy Reports Strong FY25 Results, Accelerates Expansion into Clean Tech Sectors – EQ
In Short : Apollo Green Energy reported a profit of ₹44.36 crore in FY25, up from ₹29.57 crore last year, with revenue reaching ₹726.16 crore. The board recommended a 15% dividend. With over 400 MW solar capacity, the company is expanding into green hydrogen, BESS, and EV infrastructure, aiming for a 1 GW EPC order book by 2026.
In Detail : Apollo Green Energy has reported a net profit of ₹44.36 crore for the financial year 2024–25, a significant rise from ₹29.57 crore in the previous fiscal. The company’s revenue during the same period reached ₹726.16 crore, reflecting robust operational performance and growth in project execution.
In recognition of its strong financial results, the board of Apollo Green Energy has recommended a 15% dividend for its shareholders. This move highlights the company’s commitment to delivering value and maintaining investor confidence as it scales operations.
The company currently manages over 400 MW of solar capacity across various states. It has set a target to achieve a 1 GW EPC order book by 2026, backed by a technology-driven, asset-light business model and a growing presence in key renewable markets.
Apollo Green Energy is also venturing into emerging sectors such as green hydrogen, battery energy storage systems (BESS), and electric vehicle infrastructure. These strategic expansions are designed to strengthen its market position and align with India’s clean energy transition goals.
Its current projects include EPC work totaling 290 MW across Odisha, Kerala, and Gujarat with NHPC, as well as the successful execution of a ₹700 crore Flue Gas Desulphurization (FGD) project in Anuppur. The company has also installed over 1.5 lakh solar streetlights in Bihar.
Further diversifying its portfolio, Apollo Green has secured two 4 MW Power Purchase Agreements with JVVNL under the PM-KUSUM Scheme. It plans to establish a 100% subsidiary for its IPP vertical and is exploring global partnerships for green hydrogen and long-duration energy storage projects.
