Earnings call transcript: Clean Max posts strong Q2 2026 growth as stock rises

Clean Max reported strong Q2 2026 growth, with H1 EBITDA rising 56% year over year to INR 1,047 crore and quarterly EBITDA up 43% to INR 553 crore. The company's revenue from operations grew 67%, while profit after tax climbed to INR 120 crore from INR 19 crore a year earlier. The stock rose 1.88% to $1,248.9. Clean Max's performance in the first half of FY 2027 reflected strong demand across its main businesses: renewable power sales and renewable energy services.

The company's financial health appears solid, with a credit rating upgrade to AA/Stable and a lower weighted average cost of debt.

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