Indosolar Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 29, 2025
WAAREEINDO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Indosolar's board approved unaudited Q1 FY26 results (quarter ended June 30, 2025) showing revenue from operations of ₹19,467.57 lakhs and profit before tax of ₹5,515.75 lakhs. Reported profit after tax was ₹11,679.26 lakhs (EPS ₹28.07), but this includes a one-time non-cash deferred tax asset recognition of ₹6,163.51 lakhs, as the company now expects future taxable profits. Commercial operations at its Greater Noida factory began only on July 11, 2024, making Q1 FY25 figures not comparable. The board also approved the 16th AGM for August 29, 2025, appointed Shiv Kumar Agarwal as a new Independent Director, accepted the resignation of Nilesh Gandhi, and appointed internal, secretarial, and cost auditors. Trading in Indosolar shares resumed on June 19, 2025 after prior exchange approvals.
The headline PAT looks exceptionally strong but is inflated by a one-time deferred tax credit; underlying PBT growth is the more meaningful indicator and shows a healthy jump from the prior sequential quarter. Investors should focus on operating performance and watch for sustained revenue and margin trends in coming quarters as the new factory ramps up.