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CleanMax Revenue Surges 74% on AI Customer Boom
1 Aug
Summary
- Revenue more than doubled to ₹832 crore in Q1 FY27.
- Data center and AI clients now form 42% of sales.
- Contracted capacity for AI customers grew tenfold.
CleanMax Enviro Energy Solutions Ltd. has announced a stellar first quarter for FY27, with operational revenue soaring to ₹832 crore, more than twice the previous year's performance. A significant driver of this expansion is the increasing demand from data center and artificial intelligence clients, who now account for 42% of the company's contracted renewable power sales.
This surge in demand has led to a tenfold increase in contracted capacity for these specialized customers, reaching over 2.5 GW as of June 30, 2026. Overall, CleanMax's contracted renewable power sales capacity has grown to 6 GW, with 3.5 GW already operational and an additional 2.5 GW under execution. The company's total contracted portfolio, including renewable-energy services, has tripled in two years to 6.8 GW.
Financially, the company reported adjusted Ebitda of ₹494 crore, a 74% increase from the prior year. Profit after tax stood at ₹55 crore, marking a substantial turnaround from a ₹17 crore loss in the same period. Revenue from renewable power sales grew by 47% to ₹528 crore, while services revenue saw an impressive 632% jump to ₹300 crore.
