Apollo Green Energy reports ₹44.36 crore profit, proposes 15% dividend

Apollo Green Energy has reported impressive financial results for the fiscal year 2024-25, posting a net profit of ₹44.36 crore, a sharp increase from ₹29.57 crore in the previous year.
As per the company’s statement, total revenue for FY25 stood at ₹726.16 crore, compared to ₹1,171 crore in FY24. Despite the dip in revenue, the profit surge highlights improved operational efficiency and strong cost management.
The company has also announced a 15% dividend for shareholders, reflecting its strong financial health and commitment to value creation.
Apollo Green Energy, with a growing portfolio of over 400 MW of solar capacity across various states, is targeting an EPC order book of 1 GW by 2026. The company is actively expanding into high-growth areas such as Independent Power Production (IPP) and energy storage.
“Our focus remains on building a strong EPC pipeline and expanding our footprint in emerging segments like IPP and energy storage,” said Raaja Kanwar, Chairman & Managing Director of Apollo Green Energy. “With an order book of over ₹3,000 crore, we’re well-positioned to become a key player in India’s clean energy transition.”
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