CLEAN MAX ENVIRO EN SOL L

During the earnings conference call for the quarter ended June 30, 2026, management reported significant growth in profit after tax (PAT), which reached INR 55 crores, driven by a doubling of revenues and improved EBITDA margins in both renewable energy power sales and services. The EBITDA margins increased from 76% to 84% in power sales and from 9% to 11% in services. Management highlighted the addition of 500 megawatts of new capacity in the first quarter and expressed confidence in meeting a goal of 1.5 gigawatts of new capacity for the fiscal year. They provided guidance for FY28, projecting a minimum EBITDA of INR 3,000 crores, nearly 2.4 times the FY26 figure. The company emphasized its strong position in the Data and AI segment, which constitutes 42% of contracted capacity, and noted a substantial pipeline of projects, particularly in the industrial sector, where contracted volumes have doubled over the last two years. The management also discussed ongoing efforts to lower borrowing costs and improve operational efficiency.

Management emphasized strong growth and operational improvements throughout the call.