GK Energy Ltd

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.

GK Energy will hold a meeting of the Board of Directors of the Company on 14 March 2026.Powered by Capital Market - Live

Profit before tax (PBT) stood at Rs 83.51 crore in Q3 FY26, registering a 67.8% YoY growth from Rs 49.77 crore in Q3 FY25. Total expenses increased 39.61% YoY to Rs 380 crore during the quarter. Employee benefits expense rose 42.35% YoY to Rs 7.16 crore during the period under review. GK Energy is engaged in providing engineering, procurement, and construction (EPC) services for solar-powered agricultural water pump systems under Component B of the PM-KUSUM scheme.Powered by Capital Market - Live

Securities in F&O Ban: Sammaan Capital and Steel Authority of India shares are banned from F&O trading on 16 February 2026. New listing: In the mainboard IPO space, Fractal Analytics and Aye Finance is set to make its market debut today. Stocks to Watch: GK Energy reported a 57.74% rise in standalone net profit to Rs 58.83 crore on a 43.6% increase in revenue from operations to Rs 460.20 crore in Q3 FY26 as compared with Q3 FY25. Vikran Engineering reported a 37.9% decline in standalone net profit to Rs 20.91 crore on a 0.5% rise in net sales to Rs 266.46 crore in Q3 FY26 as compared with Q3 FY25. Shakti Pumps India's consolidated net profit declined 69.53% to Rs 31.70 crore in Q3 FY26 as against Rs 104.05 crore posted in Q3 FY25. Revenue from operations decreased 15.07% to Rs 550.99 crore in Q3 FY26 as against Rs 648.77 crore reported in Q3 FY25. Deep Industries said that it has secured a domestic contract from Oil India for the hiring of a 1000 HP mobile drilling rig package in Assam and Arunachal Pradesh. RailTel Corporation of India has secured a work order worth Rs 92.91 crore from the Directorate of Education, Government of National Capital Territory of Delhi (GNCTD). Titagarh Rail Systems' consolidated net profit tanked 23.48% to Rs 48.03 crore in Q3 FY26 as against Rs 62.77 crore posted in Q3 FY25. Revenue from operations decreased 7.8% year-on-year (YoY) to Rs 832.06 crore in the quarter ended 31 December 2025. Crisil's consolidated total income for Q4 2025, rose 17.5% to Rs 1,108.7 crore, compared with Rs 943.2 crore in Q4 2024. On a consolidated basis, the company's income from operations for Q4 2025 was up 18.5% to Rs 1,081.6 crore, compared with Rs 912.9 crore in Q4 2024. Profit after tax was up 7.5% to Rs 241.5 crore, compared with Rs 224.7 crore in Q4 2024. Powered by Capital Market - Live