Insolation Energy Profit Surges 61% to Rs 65 Crore
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Insolation Energy's net profit soared 61% to Rs 65 crore in the October-March period of FY25, driven by a 57.3% increase in revenue. The company, a leading solar panel manufacturer in India, is expanding its production capacity with a third facility expected to be operational soon.
New Delhi, May 26 (PTI) Insolation Energy on Monday reported a 60.89 per cent rise in its net profit to Rs 65 crore in the October-March period of FY25, against the same period a year ago.
The company had posted a Rs 40.4 crore net profit in the six-month period of preceding 2023-24 financial year, the company said in an exchange filing.
Revenue from operations increased by 57.3 per cent to Rs 721.7 crore from Rs 458.8 crore during the period under review.
Insolation Energy is a solar panel manufacturer in India, headquartered in Jaipur, Rajasthan.
The company currently operates two manufacturing units, with a third facility set to become operational within the next two months.
The company had posted a Rs 40.4 crore net profit in the six-month period of preceding 2023-24 financial year, the company said in an exchange filing.
Revenue from operations increased by 57.3 per cent to Rs 721.7 crore from Rs 458.8 crore during the period under review.
Insolation Energy is a solar panel manufacturer in India, headquartered in Jaipur, Rajasthan.
The company currently operates two manufacturing units, with a third facility set to become operational within the next two months.
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