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Incorporated in 2007, Karma Energy Ltd deals in generation of power from renewable sources like Wind, Hydro, etc.
Karma Energy has provided a web-link to its Annual Report for all members who have not yet registered their email addresses, ensuring broad access to company disclosures.
For the third quarter and nine months ended December 31, 2024, KARMA ENERGY LIMITED reported consolidated revenue of ₹150 crore, reflecting a year-over-year growth of 20%. This increase can be attributed to rising demand in renewable energy solutions and successful market expansion initiatives. The net profit for the period stood...
The Board of Directors of Karma Energy Ltd has approved the sale of its wholly-owned subsidiary, Bay Wind Projects Private Ltd (BWPPL), to Ram Krishna Iron Works Private Limited. This divestment entails selling 10,000 equity shares at a total consideration of ₹1,00,000, effective immediately. Post-transaction, BWPPL will cease to be...
Consolidated financials indicate a strong revenue growth of 15% year-over-year, totaling ₹500 crore, driven by an increase in demand and successful market expansions. Net profit stands at ₹80 crore, reflecting a 20% increase, with EPS rising to ₹4, attributed to improved operational efficiencies and effective cost management. Operational costs rose...
Karma Energy Limited has announced the acquisition of a 100% stake in Bay Wind Projects Private Limited, making it a wholly-owned subsidiary. Additionally, Mr. Hitesh Vrajlal Siraj has been appointed as a Non-Executive Additional Director, pending shareholder approval for formal regularization. The acquisition aims to diversify into the IT Park/BPO...