Indosolar reported a dramatic turnaround with FY26 standalone net profit of ₹24,659.91 lakhs versus a loss of ₹118.88 lakhs in FY25.
Revenue from operations surged to ₹68,136.54 lakhs in FY26 from ₹32,474.56 lakhs in FY25, driven by resumed commercial operations.
The Board appointed Nilesh Bhogilal Gandhi as Independent Director and Abhishek Pareek as Chief Financial Officer effective April 20, 2026.
Auditors issued an unmodified opinion on the financial results, with recognition of deferred tax assets worth ₹6,163.51 lakhs in Q1 FY25.