Financial Results

Insolation Energy Reaps Gains With Record FY24 Numbers, Plans Expansion

Rajasthan’s leading solar firm, Insolation Energy Limited (INA Solar), has announced impressive financial results for the fiscal year ending March 31, 2024. The company reported a turnover of Rs 741.32 crore, a substantial increase of 165% from the Rs 280.05 crore recorded in the previous fiscal year. Gross margins surged by 237%, reaching Rs 111.65 crore […]

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News Briefs May 16- ReNew & SG Tie-Up, Nextracker’s Milestone, Carbon PV

ReNew and Societe Generale sign MoU for USD 1 Billion to broaden collaboration on energy transition projects NASDAQ listed ReNew, has announced the signing of a Memorandum of Understanding (MoU) with French banking major Societe Generale, to support the financing and development of the Company’s various strategic energy transition projects both in India and globally. […]

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Waaree Renewables Reports 341% Surge In PAT In Q4, 167% Annually

Waaree Renewable Technologies Limited, the solar EPC arm of the Waaree Group has published its financial results for the latest quarter (Q4). It also announced its annual financial results for FY24. As per the details shared by the company in its self-disclosure before the Bombay Stock Exchange (BSE), the company continued its growth in its […]

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Inox Wind Sales Rise 176.6% to Rs 527.73 Crore In Q4 FY24

Wind energy solutions provider Inox Wind Ltd  continued its strong turnaround in Fy 24, as it reported a consolidated net profit of Rs 38 crore for the fourth quarter that ended March 31, 2024. In the corresponding quarter last year, Inox Wind had posted a net loss of Rs 115 crore. Sales rose 176.66% to […]

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FY24: REC Ltd Reports 125% Jump In Sanctions For Solar Projects

REC Limited, a Maharatna Central Public Sector Enterprise (CPSE) today presented its audited standalone and consolidated financial results for the quarter ended March 31, 2024 and FY24. REC Limited comes under the Ministry of Power. As per the details shared by REC Limited, it recorded its highest-ever annual profit. The media release from the company […]

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KP Energy Reports 9.8% Jump In Total Income In FY24, Profit Rises Too

Indian power company KP Energy released its financial results for FY24 and Q4 results today. In its latest public disclosure before the Bombay Stock Exchange (BSE), the firm reported a 9.8% jump in its total income.  The audited consolidated financial results of the firm said that while in FY23 it witnessed a total income of […]

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Sterling & Wilson Marks Complete Turnaround In Q3 Fy24 With Profits

Publicly listed renewable energy company Sterling & Wilson has released its financial results for the Fourth Quarter (Q4) and FY24. The annual and quarterly results were shared by the firm with the Bombay Stock Exchange (BSE) in its public disclosure. The company reported a net profit of Rs 1.40 crore in Q4 of FY24.   The […]

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Nextracker Continues Strong Show, Q3 EBITDA Up 168% YoY

US based solar tracker firm Nextracker, in its first earnings announcement since turning a completely independent firm has delivered a stellar set of results. Nextracker’s adjusted earnings before inflation, taxes, depreciation and amortisation (EBITDA) in Q3 FY24 reached US$168 million, more than doubling over the EBITDA in the last 12 months with a 168% year-on-year […]

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