Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI LODR Regulations
Audit Opinion:
Unmodified opinion on both standalone and consolidated financial results for quarter ended June 30, 2026. Unmodified conclusion issued for limited review.
Key Financial Highlights [₹ Lakhs]:
Consolidated Results:
Revenue from Operations: ₹7,406.98 lakhs (vs ₹3,618.85 lakhs in Q1 FY26 - 105% YoY increase)
Other Income: ₹470.59 lakhs
Total Income: ₹7,540.41 lakhs
Profit before tax: ₹1,749.97 lakhs (vs ₹520.52 lakhs in Q1 FY26)
Tax Expense: ₹947.51 lakhs
Net Profit for the period: ₹3,802.46 lakhs (vs ₹4,311.98 lakhs in Q1 FY26 - 88% YoY increase)
EPS (Basic): ₹1.73 (Not annualized)
EPS (Diluted): ₹1.73 (Not annualized)
Other Equity: Not specified for current quarter
Standalone Results:
Revenue from Operations: ₹1,219.03 lakhs (vs ₹3,039.21 lakhs in Q1 FY26 - 60% YoY decrease)
Other Income: ₹75.19 lakhs
Total Income: ₹1,294.22 lakhs
Profit before tax: (₹254.48) lakhs (loss vs ₹72.93 lakhs profit in Q1 FY26)
Tax Expense: ₹36.56 lakhs
Net Profit for the period: (₹291.05) lakhs (loss vs ₹48.15 lakhs profit in Q1 FY26)
EPS (Basic): (₹0.13) (Not annualized)
EPS (Diluted): (₹0.13) (Not annualized)
Other Equity: ₹4,198.20 lakhs (as of March 31, 2026)
Segment-wise Performance:
The Group is engaged in "manufacturing of solar panel and sale of electricity and related project activities" which constitutes a single segment as per Ind AS 108.
Corporate Actions:
ESOP Allotment: During the quarter ended June 30, 2026, the company allotted 54,750 equity shares of face value ₹1/- each at an exercise price of ₹3.80 per share under Insolation Energy Employee Stock Option Plan 2024 on May 25, 2026.
Other Significant Information:
The figures for quarter ended June 30, 2025 are balancing figures taken from unaudited published figures of First Half ended September 30, 2025 and unaudited published results of quarter ended September 30, 2025.
Entities included in consolidation:
1. Insolation Energy Limited (Parent)
2. Green Energy Insolation Private Limited (Wholly Owned Subsidiary and its subsidiaries)
3. Green Insolation Infra Private Limited (Subsidiary and its associates)
4. MGVI Green Infra One Private Limited (Subsidiary)
5. MGVI Green Infra Two Private Limited (Subsidiary)
6. MGVI Green Infra Three Private Limited (Subsidiary)
7. MGVI Green Infra Four Private Limited (Subsidiary)
8. MGVI Green Infra Five Private Limited (Subsidiary)