Tag

Solar Power

9 articles

The Indian solar sector is experiencing robust growth driven by government initiatives and increasing demand. Several companies, including GK Energy (up 40% YoY revenue), Solex Energy (up 144% YoY revenue), Waaree Energies (up 84% YoY revenue), and Fujiyama Power Systems (up 87.5% YoY revenue), reported strong financial results, highlighting the effectiveness of the PM-KUSUM scheme and other supportive policies. Furthermore, Bondada Engineering and KPI Green Energy secured significant orders from Adani Green Energy and NTPC, respectively, demonstrating continued investment in renewable energy projects. These developments suggest a positive outlook for the sector, underpinned by expanding manufacturing capacity and increasing project deployments, though potential risks remain tied to supply chain dynamics and policy changes.

Results

GRE Renew Enertech FY26 Net Profit Rises 72.5% YoY

GRE Renew Enertech reported a 72.5% YoY increase in standalone net profit to ₹1,207.82 lakhs for FY26, with revenue up 44.8% to ₹11,534.72 lakhs. The Board approved reallocation of ₹2.06 crore from IP

Results

SWELECT FY26 Consolidated PAT Surges 312% to INR 57.58 Cr

SWELECT Energy Systems reported FY26 consolidated PAT of INR 57.58 crore, a 312% YoY increase from INR 13.98 crore in FY25. FY26 EBITDA grew 30% to INR 187.46 crore while revenue from operations incre

Results

Solex Energy Q4 FY26 Revenue Surges 248% YoY

Solex Energy reported exceptional FY26 results with 144% YoY revenue growth to INR 16,211 million and 133% PAT growth to INR 983 million. The company secured a significant INR 2,716 million order for

Results

Fujiyama Power Systems Q4 FY26 Revenue Up 87.5%

Fujiyama Power Systems reported Q4 FY26 revenue of ₹9,008 million, up 87.5% YoY, with PAT margins improving to 11.8%. The company commissioned a 2,000 MW solar panel facility in Ratlam and plans a 1,2