Business
Clean Max Enviro Energy Solutions posts Rs 55-cr profit in Q1
The company had reported a loss of Rs 17 crore in the year-ago period, a company statement issued late on Friday evening showed.
According to the statement, the revenue from operations grew 107 per cent year-on-year to Rs 832 crore in Q1 FY27, compared to Rs 402 crore in Q1 FY26, led by a larger operational asset base and ramp-up in the RE Services segment.
The company reported PAT (profit after tax or net profit) of Rs 55 crore in Q1 FY27 aided by operating leverage and a larger base of stabilised assets.
CleanMax’s total contracted capacity, including the RE Services segment, stood at 6.8 GW as of June 30, 2026.
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The board has also approved a proposal to raise up to Rs 2,500 crore through issuance of listed, rated, redeemable, non-convertible debentures/bond on private placement basis.
Kuldeep Jain, Founder & Managing Director, said in the statement, “We added a record new capacity of over 500 MW in the first quarter, and are well on track to meet our guidance of adding a minimum of 1,500 MW of new capacity during the year.”
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