Insolation Energy Reports 127.5% Jump In Net Profit In FY25

Insolation Energy Reports 127.5% Jump In Net Profit In FY25

Insolation Energy Limited (INA Solar), an Indian solar module manufacturing company, has now announced its financial results for the financial year 2024-25. The firm reported a sharp rise in its financial performance for the fiscal year ending March 31, 2025, with net profit surging 127.5 percent year-on-year to ₹126.19 crore.

The Jaipur-based company reported a consolidated turnover of ₹1,333.76 crore, up 80.9 percent from ₹737.17 crore in the previous year, buoyed by rising demand for solar solutions and a growing market share.

Gross margins rose 86.4 percent to ₹231.79 crore, while earnings before interest, taxes, depreciation and amortisation (EBITDA) more than doubled to ₹170.32 crore, an increase of 102.4 percent.

Earnings per share (EPS)

Earnings per share (EPS) stood at ₹5.95, compared with ₹2.66 a year earlier, representing an annual growth of 123.7 percent.

Chairman Manish Gupta and Managing Director Vikas Jain attributed the performance to strategic investments in innovation, quality and capacity expansion.

From an initial 80 MW manufacturing capacity in 2017, INA Solar is on track to reach 4 GW by July 2025, with plans underway to scale further to 8 GW of module capacity, 3 GW of solar cell production, and 54,000 metric tonnes annually (MTA) of aluminium frame manufacturing by FY2025–27.

The company, now counted among India’s top 10 solar panel makers, produces advanced modules including TOPCon, monofacial and bifacial variants. Its automated facilities use artificial intelligence and robotics to enhance productivity and precision.