Solex Energy Reports 378% Jump in Profit After Tax to ₹43 Crore
In a significant development, Solex Energy, a pioneer in the sustainable energy sector since 1995 and the first listed Indian solar brand, has reported a remarkable jump in its financial performance. The company’s profit after tax (PAT) has surged by a whopping 378% to ₹43 crore in the fiscal year 2025 (FY25), marking a significant milestone in its journey towards sustainable growth.
The company’s financial performance is a testament to its commitment to innovation, efficiency, and customer satisfaction. In the second half of FY25 (H2FY25), Solex Energy recorded a 42% year-on-year (YoY) increase in sales to ₹389 crore, indicating a strong momentum in its business. The PAT for H2FY25 also rose by a significant 275% to ₹30 crore, setting the stage for the company’s remarkable performance in FY25.
For the entire FY25, Solex Energy’s sales grew by an impressive 81% to ₹662 crore, driven by its expanding product portfolio, increasing demand for sustainable energy solutions, and the company’s ability to deliver high-quality products and services. The PAT for FY25 also jumped by a staggering 378% to ₹43 crore, a clear indication of the company’s financial strength and resilience.
The company’s financial performance has been recognized by the market, with its shares hitting an upper circuit on the announcement of its financial results. The stock has been a multibagger in recent times, offering impressive returns to investors.
Solex Energy’s financial performance is a result of its strategic focus on innovation, quality, and customer satisfaction. The company has been at the forefront of the sustainable energy revolution in India, offering a range of products and services that cater to the needs of both residential and commercial customers. Its commitment to quality and innovation has enabled it to build a strong reputation in the market, attracting a loyal customer base and driving growth.
The company’s financial performance is also a testament to its ability to adapt to changing market conditions and regulatory requirements. Solex Energy has been proactive in adopting new technologies and processes to improve its efficiency and reduce costs, enabling it to maintain its competitive edge in the market.
The company’s dividend policy is also a positive sign for investors. Solex Energy has recommended a dividend of ₹0.55 per share, providing investors with a attractive return on their investment. The dividend yield is expected to be around 2.5%, offering investors a reasonable return in the current market scenario.
In conclusion, Solex Energy’s financial performance is a significant milestone in its journey towards sustainable growth. The company’s ability to deliver strong financial results, driven by its commitment to innovation, quality, and customer satisfaction, has made it a multibagger stock in recent times. The company’s recommended dividend is also a positive sign for investors, offering them a attractive return on their investment. As the company continues to grow and expand its operations, it is likely to remain a key player in the sustainable energy sector, offering investors a solid investment opportunity.
