In the outcome of the Board Meeting held on 28th May, 2026, Energy Development Company Limited announced its audited standalone and consolidated financial results for the quarter and year ended 31st March, 2026. The company reported a consolidated revenue from operations of 416.60 lakhs for the quarter ended 31st March, 2026, compared to 1,113.77 lakhs in the previous quarter (31st December, 2025) and 281.94 lakhs in the corresponding quarter of the previous year (31st March, 2025). The consolidated net loss for the quarter ended 31st March, 2026 was 1,375.50 lakhs, contrasted with a net profit of 129.88 lakhs in the preceding quarter and a net loss of 2,696.87 lakhs in the corresponding quarter of the last year.
| Particulars | Quarter Ended 31-03-2026 | QoQ Change (%) | YoY Change (%) |
| Revenue from Operations | 416.60 Lakhs | -62.60% | +47.76% |
| Net Profit/(Loss) | (1,375.50) Lakhs | -1158.33% | +48.99% |
Energy Development Company Limited is primarily engaged in the generation and sale of electricity through its Hydel and Wind Power Projects, along with contract and trading divisions. The company’s operations are seasonal, impacting its power generation and sales performance.
Energy Development Company Limited is a company focused on the power and infrastructure sector, specifically involved in the implementation, operation, and maintenance of hydel power projects. The company has been navigating various regulatory and financial challenges, including ongoing income tax appeals and disputes related to the consolidation of financial results of its subsidiary and associate companies.
The company’s financial performance reflects the seasonal nature of its power generation, with total generation reaching 11.91 Million Units for the quarter ended 31st March, 2026. The company reported a consolidated net loss of 24.24 lakhs for the year ended 31st March, 2026, showing a significant improvement compared to the loss of 9,726.37 lakhs in the previous year. Financial statements were prepared with a modified opinion by the statutory auditors, highlighting issues regarding the non-consolidation of certain subsidiaries and pending income tax assessment matters. There are no details regarding famous investors in the provided notices.
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