Clean Max Enviro Energy Solutions (CLEANMAX) Q1 24/25 earnings summary

Executive summary

• Standalone unaudited financial results for the quarter ended June 30, 2024, were reviewed and approved by the Board and auditors, confirming compliance with SEBI regulations.

• The company develops, generates, and sells renewable power, with non-convertible debentures listed on BSE.

Financial highlights

• Revenue from operations for Q1 FY25 was ₹1,600.03 million, compared to ₹5,161.75 million in Q1 FY24 and ₹10,379.89 million in Q4 FY24.

• EBITDA for Q1 FY25 stood at ₹528.07 million, down from ₹1,887.02 million in Q1 FY24 and ₹2,620.26 million in Q4 FY24.

• Profit after tax for Q1 FY25 was ₹965.75 million, compared to ₹2,824.10 million in Q4 FY24 and ₹59.36 million in Q1 FY24.

• Exceptional loss of ₹107.66 million was recognized in Q1 FY25 due to fair valuation of CCPS.

• Basic EPS for Q1 FY25 was ₹13.11, compared to ₹265.81 in Q1 FY24 and ₹398.66 in Q4 FY24.

Outlook and guidance

• The company continues to maintain requisite asset coverage ratios and security cover for its listed debentures, with a focus on compliance and financial discipline.