Solex Energy Limited has informed the Exchange regarding a press release dated May 13, 2025, titled "Solex Energy's PAT Soars 390% to ₹42.79 Crore in FY 2024-25, Reflecting Robust Growth".
SOLEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Solex Energy Limited announced strong audited financial results for FY 2024-25. Consolidated total income grew 81% year-on-year to ₹665.82 crore, up from ₹368.02 crore last year. Profit After Tax (PAT) surged 390% to ₹42.79 crore, compared to ₹8.73 crore in FY 2023-24. Earnings per share (EPS) jumped 301% to ₹43.82, while net worth rose 247% to ₹160.63 crore and EBITDA grew 157% to ₹73.12 crore. The company credited the growth to rising demand for solar modules, execution of large-scale EPC projects, and expansion into Maharashtra, Tamil Nadu, Uttar Pradesh, and Rajasthan. Solex operates a 1.5 GW solar PV module manufacturing facility in Gujarat and aims to become India's most trusted solar energy partner by 2030.
Exceptional triple-digit growth across revenue, profit, and EPS signals strong operational momentum, likely to be viewed positively by investors. The sharp jump in net worth also reflects a significantly stronger balance sheet, supporting future expansion plans.