GK Energy Ltd

GK Energy Limited has been awarded a Letter of Empanelment by a State Government-owned power distribution utility for the execution of Grid Connected Rooftop Solar Photovoltaic Projects, securing a contract valued at approximately Rs 454.50 crore including GST. The project involves the installation of 100 MW of solar capacity across 1,00,000 households, with a contract rate of Rs 45,450 per kW, and includes design, engineering, supply, installation, testing, commissioning, and operations & maintenance for five years. The company will execute the project within 60 days from the issuance of respective work orders.

GK ENERGY LIMITED, formerly known as GK Energy Private Limited and GK Energy Marketers Private Limited, announced the appointment of CS Avanti Rajwade as Secretarial Auditor, subject to approval by the company's members at the Annual General Meeting, for a five-year term commencing from the financial year FY 2026-27 to FY 2030–31.

GK Energy Limited will hold a board meeting on Friday, August 07, 2026, to consider and approve the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026, and to recommend a final dividend, if any, for the financial year ended March 31, 2026. The meeting will also address the date, time, and venue of the 18th Annual General Meeting and approve the Board Report, Corporate Governance Report, and Management Discussion and Analysis Report for the financial year ended March 31, 2026. Trading window for the company's securities has been closed for insiders from April 01, 2026, until 48 hours after the declaration of the financial results.

GK Energy announced that it will deploy 10,000 Off-Grid DC Solar-powered Water Pumping Systems (SPWPS) across Maharashtra under the Magel Tyala Saur Krushi Pump Yojana. The order by the Maharashtra State Electricity Distribution Company (MSEDCL), valued at Rs 235.92 crore (inclusive of GST), involves the design, manufacture, supply, transportation, installation, testing and commissioning of 3 HP, 5 HP and 7.5 HP solar-powered agricultural pumping systems across the state. The latest order further reinforces GK Energy's long-standing association with MSEDCL in supporting the state's renewable energy initiatives. With this project, the Company has secured orders worth Rs 637.83 crore (inclusive of GST) from the utility, reflecting its strong execution capabilities and continued role in advancing Maharashtra's clean energy transition.

According to the company's exchange filing, the scope of the project includes the design, manufacture, supply, transportation, installation, testing and commissioning of the off-grid DC Solar Photovoltaic Water Pumping Systems (SPWPS). The order is valued at Rs 235.92 crore and is scheduled to be executed within 60 days from the date of issuance of the work order or Notice to Proceed (NTP). The company clarified that the contract is not a related-party transaction and that neither its promoters nor promoter group entities have any interest in the deal. GK Energy is a decentralised renewable energy infrastructure company focused on solar-powered agricultural pumping systems, rooftop solar projects and distributed clean energy solutions. On a consolidated basis, GK Energy's net profit rose 32.17% to Rs 59.25 crore while net sales rose 35.24% to Rs 476.76 crore in Q4 March 2026 over Q4 March 2025. Powered by Capital Market - Live

In a regulatory filing, the company said the order involves the installation of rooftop solar systems at 1,150 locations. The project is to be executed within 90 days. The order has been awarded by a domestic distribution company and is a one-time contract. The contract value of Rs 48.02 crore is inclusive of GST. GK Energy is a decentralised renewable energy infrastructure company focused on solar-powered agricultural pumping systems, rooftop solar projects and distributed clean energy solutions. On a consolidated basis, GK Energy's net profit rose 32.17% to Rs 59.25 crore while net sales rose 35.24% to Rs 476.76 crore in Q4 March 2026 over Q4 March 2025. Powered by Capital Market - Live

GK Energy has received an allotment of 10 MW of Rooftop Solar Projects which includes proposed installation at 1150 locations. The total value of the order is Rs. 48.02 crore (inclusive of GST) which is to be executed within 90 days.

Net profit of GK Energy rose 32.17% to Rs 59.25 crore in the quarter ended March 2026 as against Rs 44.83 crore during the previous quarter ended March 2025. Sales rose 35.24% to Rs 476.76 crore in the quarter ended March 2026 as against Rs 352.52 crore during the previous quarter ended March 2025. For the full year,net profit rose 53.37% to Rs 204.30 crore in the year ended March 2026 as against Rs 133.21 crore during the previous year ended March 2025. Sales rose 56.67% to Rs 1715.28 crore in the year ended March 2026 as against Rs 1094.83 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales476.76352.52 35 1715.281094.83 57 OPM %17.6118.82 -18.0218.24 - PBDT75.9260.24 26 277.89181.69 53 PBT74.6559.81 25 274.16180.27 52 NP59.2544.83 32 204.30133.21 53 Powered by Capital Market - Live

GK Energy will hold a meeting of the Board of Directors of the Company on 13 May 2026.

GK Energy has received a Letter of Empanelment (LoE) from Maharashtra State Electricity Distribution Company for 15,000 Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) pumps of 3 HP, 5 HP, 7.5 HP for the entire state of Maharashtra under Magel Tyala Saur Krushi Pump Yojana. The total value of the 15,000 pumps is Rs. 353.89 crore (inclusive of GST) which is to be executed within 60 days from the issuance of work order/NTP.