Announced Wed, 15 Jul · 17:54 IST

Onix Solar posts strong Q1 profit, appoints Independent Director

Management Changes View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹647.95
prior close
₹658.25
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.9-1.3-0.5-1.2-2.9-3.9-6.0-4.1-3.4
Up moveDown movePending
AI summary

Onix Solar Energy Q1 FY27 standalone revenue rose over 2x YoY to Rs 9,373.56 lakhs. Profit after tax jumped to Rs 2,083.13 lakhs from Rs 101.01 lakhs. EPS climbed to Rs 5.65 from Rs 0.51. Board appointed Mr. Hitesh Bhansali as Independent Director for 5 years and approved a new Corporate Office in Rajkot, Gujarat.

Likely market impact

Sharp YoY profit growth and new governance appointment may boost investor confidence; results show a strong turnaround from a small base.