Financial Performance Highlights (Amount in ₹ Lakhs)

Quarter Ended 30.09.2026:

  • Revenue from operations: ₹1,022.67
  • Other income: ₹54.08
  • Total income: ₹1,076.76
  • Total expenses: ₹973.54
  • Profit before tax: ₹103.21
  • Tax expense: ₹27.98 (Current tax: ₹29.37, Deferred tax: ₹(1.42))
  • Net profit: ₹76.25
  • Basic EPS: ₹0.15
  • Diluted EPS: ₹0.15

Quarter Comparison (YoY):

  • Revenue increased 297% from ₹257.66 lakhs in Q2 FY26
  • Net profit increased 40% from ₹54.29 lakhs in Q2 FY26

Half Year Ended 30.09.2026:

  • Revenue from operations: ₹2,737.73
  • Other income: ₹689.62
  • Total income: ₹3,427.35
  • Total expenses: ₹2,687.07
  • Profit before tax: ₹740.28
  • Tax expense: ₹120.96
  • Net profit: ₹619.32
  • Basic EPS: ₹1.26
  • Diluted EPS: ₹1.26

Half Year Comparison (YoY):

  • Revenue increased 487% from ₹466.31 lakhs in H1 FY26
  • Net profit increased 653% from ₹82.27 lakhs in H1 FY26

Financial Position (As at 30th September, 2026)

  • Total assets: ₹7,397.15 lakhs (vs ₹6,736.12 lakhs as at 31.03.2026)
  • Property, plant and equipment: ₹2,403.75 lakhs
  • Loans (financial assets): ₹2,568.01 lakhs
  • Inventories: ₹1,006.27 lakhs (reduced from ₹1,817.75 lakhs)
  • Trade receivables: ₹189.86 lakhs
  • Cash and cash equivalents: ₹137.29 lakhs
  • Equity share capital: ₹2,480.33 lakhs (unchanged)
  • Other equity: ₹3,905.58 lakhs (increased from ₹3,286.25 lakhs)

Cash Flow Statement (H1 FY27)

  • Cash from operating activities: ₹886.26 lakhs
  • Cash used in investing activities: ₹(847.29) lakhs
  • Cash from financing activities: ₹12.30 lakhs
  • Net increase in cash: ₹51.27 lakhs
  • Closing cash balance: ₹137.29 lakhs

Significant Operational Updates

1. Segment Reporting Change: The company no longer meets the criteria for segment-wise reporting as it has disposed of its Renewable Energy Generation segment. The company now operates only in the Solar Products segment.

2. Working Capital Management: Significant reduction in inventory (₹811.48 lakhs decrease) contributed to improved cash flow from operations.

3. Asset Sales: The company realized ₹590.00 lakhs from sale of fixed assets during H1 FY27.

Capital Structure

  • Paid-up equity share capital remained unchanged at ₹2,460.33 lakhs
  • No change in number of equity shares outstanding