With reference to the captioned subject and in terms of the provisions of Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from ....
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The board approved unaudited standalone and consolidated financial results for Q1 FY26 (quarter ended 30 June 2025) along with the auditor's limited review report by NGST & Associates. On a standalone basis, revenue from operations rose about 64% year-on-year to Rs. 104.02 lakhs (vs Rs. 63.45 lakhs in Q1 FY25), driven entirely by the Renewable Energy Solutions segment. However, net profit fell to Rs. 11.03 lakhs from Rs. 14.94 lakhs YoY, and EPS dropped to Rs. 0.15 from Rs. 0.21, as expenses nearly doubled. On a consolidated basis, net profit declined more sharply to Rs. 6.90 lakhs (vs Rs. 14.94 lakhs), pulled down by losses at the EV Charging Infrastructure subsidiary (segment loss of Rs. 4.67 lakhs). The Power Saving Solutions segment recorded zero revenue this quarter, while Renewable Energy Solutions revenue more than doubled to Rs. 104.02 lakhs. The auditor's review report is clean (unmodified).
Mixed for shareholders: strong topline growth but shrinking profitability, with the new EV Charging subsidiary dragging down consolidated earnings. Watch margin trends and segment momentum in coming quarters.