K.P.I. Global Infrastructure rallies on receiving intimation to execute solar power project.

K.P.I. Global Infrastructure advanced 3.96% to Rs. 296.65 after the firm received the confirmation for executing solar power project of 2.50 MWde capacity from M/s Vineet Polyfab, Surat under 'Captive Power Producer (CPP)' segment of the company.
On a consolidated basis, the company posted a net profit of Rs. 12.26 crore in Q2 FY22 as compared to a net profit of Rs. 1.38 crore reported in Q2 FY21. Net sales soared 135.9% to Rs. 57.43 crore in Q2 FY22 over Q2 FY21.
K.P.I. Global Infrastructure generates and sells solar power under Solarism brand name in India. It develops, builds, owns, operates, and maintains solar power plants as an independent power producer and captive power producer.
BS