EPIC Energy Limited

Standalone Net Profit: ₹0.03 crore (₹2.83 lakh)
Consolidated Net Profit: ₹0.02 crore (₹2.39 lakh)

Reader Takeaway: Modest profit driven by strategic pivot; future hinges on new project execution.

What just happened

EPIC Energy Ltd. announced its financial results for the quarter ended June 30, 2026. The company reported a standalone revenue of ₹2.43 crore and a standalone net profit of ₹0.03 crore (₹2.83 lakh). On a consolidated basis, revenue stood at ₹2.49 crore with a net profit of ₹0.02 crore (₹2.39 lakh).

Why this matters

The results reflect the company's ongoing transition. The 'Power Saving Solutions' segment reported zero revenue, signalling a strategic shift. The 'EV Charging Infrastructure' business continues to incur losses, reporting a segment loss of ₹0.005 crore on a consolidated basis. The primary revenue driver remains 'Renewable Energy Solutions'.

The backstory

EPIC Energy is realigning its operations to focus on growth areas. This includes solar energy projects and battery recycling, aligning with national priorities like the National Critical Minerals Mission.

What changes now

Two solar energy projects, one in Maharashtra (1.3 MWp) and another in Gujarat (3.5 MWp), are under implementation and expected to be commissioned by Q3 FY27. A battery recycling project in Wada, Maharashtra, with a 8 TPD capacity and a second-life battery assembly line, is also progressing, with partial commissioning expected in September 2026 and revenue accrual by Q3 FY27.

Risks to watch

The company faces risks from continued losses in its EV Charging Infrastructure segment. The success of its future revenue streams heavily depends on the timely and profitable execution of the new solar and battery recycling projects. The complete cessation of revenue from the 'Power Saving Solutions' segment also highlights the execution risk of the new strategy.

Peer comparison

While specific peer financials for this niche are not detailed, companies in the renewable energy and battery recycling sectors are attracting significant investment due to policy tailwinds and growing demand for sustainable energy solutions.

Context metrics (time-bound)

• Standalone Revenue (Q1 FY27): ₹2.43 crore (₹243.33 lakh)
• Standalone Revenue (Q4 FY26): ₹1.86 crore (₹185.93 lakh)
• Standalone Net Profit (Q1 FY27): ₹0.03 crore (₹2.83 lakh)
• Standalone Net Profit (Q4 FY26): ₹0.32 crore (₹32.20 lakh)

What to track next

Investors should closely monitor the commissioning progress of the solar energy projects in Maharashtra and Gujarat, and the battery recycling facility in Wada. Tracking revenue generation and profitability from these new segments will be crucial.