Business Standard

KPI Green Energy achieves Zero Net Debt status on standalone basis

Image

KPI Green Energy announced that the company has achieved zero net debt status on a standalone basis.

"This milestone underscores our dedication to maintaining a robust financial position and is anticipated to result in considerable savings in the Company's annual interest and finance costs.

This achievement not only strengthens our financial foundation but also enhances our credit profile, positioning the Company for sustainable growth. We remain committed to delivering value to all stakeholders through sound financial management and strategic initiatives.", stated the company.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 28 2024 | 10:27 AM IST

Explore News