India's KPI Green Energy rises on jump in qtrly profit

KPI Green Energy

19/10/2022 06:08

** KPI Green Energy Ltd's shares  KPIG.NS  rise as much as
3.6% to 933.7 rupees, their highest since Oct 7
    ** The solar power producer reported a 72.6% Y/Y jump in
Sept-qtr profit to 211.6 mln rupees ($2.57 mln) urn:newsml:reuters.com:*:nFWN31J3MN
    ** Rev from ops rose to 1.6 bln rupees from 574.3 mln rupees
a yr ago
    ** More than 140,000 shares change hands by 0453 GMT, 1.4x
30-day avg of 102,517 shares
    ** Stock up by more than double this year, as of last close
 
 ($1 = 82.3590 Indian rupees)
 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))