Outcome of Board meeting for approval of unaudited financial results for the quarter and nine months ended on 31.12.2025
Awaiting price reaction for this filing.
The Board of Onix Solar Energy Ltd (formerly ABC Gas International Ltd) approved unaudited standalone results for Q3 FY26 and the nine-month period ended 31 December 2025. For Q3 FY26, revenue from operations stood at ₹1,612 lakhs with a profit after tax of ₹1,437 lakhs (EPS ₹5.32), marking a strong recovery from the previous quarter (Q2 FY26) which had reported a loss of ₹75.54 lakhs. For the nine-month period, revenue was ₹8,692 lakhs and PAT was ₹1,432 lakhs, compared to ₹5,726 lakhs revenue and ₹626 lakhs PAT in the corresponding nine months of the previous year — a year-on-year revenue growth of around 52% and PAT growth of roughly 129%. The statutory auditor, A H Mandaliya & Associates, issued an unmodified limited review report with no qualifications, emphasis of matter, or going concern flag. Paid-up equity share capital jumped from ₹19.80 lakhs to ₹270 lakhs during the quarter, indicating a significant share issuance. No investor complaints were pending or received during the quarter.
Sharp sequential turnaround in profitability and strong YoY growth in both revenue and earnings may be viewed positively by the market, though the sharp expansion in share capital (from ₹19.8 lakhs to ₹270 lakhs) means future per-share metrics will be heavily diluted despite the strong absolute numbers.