India's Clean Max rises on higher Q3 profit

Clean Max Enviro Energy Solutions

18/03/2026 04:18

** Shares of Clean Max Enviro Energy Solutions CLEM.NS rise 5.5% to 939.5 rupees

** The renewable power firm's December-quarter net profit grew 40 folds to 276.5 mln rupees  ($3 mln) from last year

** Total revenue grew ~13% y/y to 3.11 bln rupees

** Co has surged to about 5.7 gigawatt of contracted capacity as of March 1, 2026 , up from 1.75 GW in April 2024, 4.4 GW in April 2025, and 5.5 GW by end‑December 2025

** Says a key growth driver is demand from Data and AI sector, which rose ~10 times in the last 2 years

** Stock up 2.7% since its listing on March 2

($1 = 92.4400 Indian rupees)

 (Reporting by Yagnoseni Das in Bengaluru)

 ((Yagnoseni.Das@thomsonreuters.com;))