Solex Energy Limited has announced its audited financial results for the fiscal year ended March 31, 2025. The company delivered a robust performance, with consolidated revenues reaching INR 665.82 crore, a significant 81 percent year-on-year growth compared to INR 368.02 crore in FY 2023-24.
Solex Energy also reported a remarkable 390 percent increase in Profit After Tax (PAT), soaring to INR 42.79 crore from INR 8.73 crore in the previous year. The company’s earnings per share (EPS) rose to INR 43.82, reflecting a 301 percent growth year-on-year.
Key Consolidated Financial Highlights (FY 2024-25):
- Total Income: INR 665.82 crore (81 percent growth YoY)
- Profit After Tax (PAT): INR 42.79 crore (390 percent growth YoY)
- Earnings Per Share (EPS): INR 43.82 (301 percent growth YoY)
- Net Worth: INR 160.63 crore (247.39 percent growth YoY)
- EBIDTA: INR 73.12 Crore (157 percent growth YoY)
The stellar growth was driven by increased demand for solar modules, strategic execution of large-scale EPC projects, and geographical expansion in Maharashtra, Tamil Nadu, Uttar Pradesh, and Rajasthan.
Chetan Shah, Chairman & Managing Director, Solex Energy Limited, said, “Our FY 2024-25 performance is a clear reflection of Solex Energy’s unwavering commitment to excellence, customer trust, and operational agility. As India accelerates its renewable energy ambitions, we are steadfast in our vision 2030, to become the country’s most trusted solar energy partner, driving sustainable solutions that empower industries, communities, and future generations.”
With a strong balance sheet, expanding project pipeline, and strategic focus, Solex Energy is well-positioned to capitalize on India’s energy transition towards a net-zero future.