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Q3 FY25: ACME Solar’s PAT Up By 152% YoY, PAT Margin At 28%

ACME Solar Holdings, in its Q3 FY25 financial results, reported a 152% year-over-year (YoY) increase in Profit After Tax (PAT). It also reported a 632.5% jump in its net profit on a Quarter-On-Quarter (QoQ) basis. The PAT margin reached 28%, while the net debt-to-equity ratio stood at 1.6x. The company’s total revenue increased by 9.9% […]

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Shakti Pumps Delivers With 130% Profit Rise in Q3 Fy25

Indore based Solar pump leader Shakti Pumps declared its Q3 results on Friday evening. The company reported a 130.09% year-on-year (YoY) jump in net profit at Rs 104 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, the company had posted a net profit of Rs […]

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IEX Q3 Results-Revenues Up 13.7%, PAT Up 22.8%

Indian Energy Exchange (IEX), the largest electricity trading exchange in India, has reported its results for the third quarter of FY25. The firm reported electricity volumes of 30.5 Billion Units in Q3FY’25, a 15.9% increase from 26.3 BUs in Q3 FY’24. Renewable energy certificates in Q3FY’25 at 26.52 lakhs, increased 31% from 20.24 lakh in […]

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Q3 Adani Energy Solutions: PAT Up 80% YoY At Rs 625 Cr.

Adani Energy Solutions Limited (AESL), a part of the Adani portfolio and a transmission and distribution company in India shared its financial and operational performance for the quarter and nine months ended December 31, 2024. The company highlighted some of its key achievements for Q3. “Adani Energy Solution saw a robust growth of 24% in […]

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Solar Manufacturing Firm Karamtara To Issue Rs 1750cr IPO

Solar manufacturing company Karamtara Engineering is all set to launch an Initial Public Offering (IPO) worth ₹1,350 crore. The firm plans to enter the Indian stock exchange to expand its business, particularly in the country’s renewable energy sector. The proposed IPO comprises a fresh issue of ₹1,350 crore and an offer for sale (OFS) worth […]

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Waaree RTL Gets 105 MWp Ground-Mount Solar Project For Rs. 277.20 Cr.

Mumbai-based solar EPC company, Waaree Renewable Technologies Limited has secured a 105 MWp ground-mount solar power project. The company secured approximately Rs. 277.20 Crores (Excl. Taxes) order. The company said in the regulatory filing “The project is scheduled to be completed in the financial year 2025- 26, as per the terms of the order.” The […]

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Waaree Renewable Technologies Secures Off-Grid Solar Order

Waaree Renewable Technologies (WTL), spearheading the Solar EPC segment,  recently received an order to supply 99 Solar off-grid combo sets. The company shared this information with its investors in its filing before the stock exchange. The company said, “Waaree Renewable Technologies (WRTL) secured the order from a customer engaged in trading activities. This project would […]

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Q3 Results: Waaree Renewable Reports 16.7% Dip In Net Profits

Indian renewable energy company Waaree Renewable Technologies (Waaree) today announced its financial results for the third quarter (Q3) of FY25. It also announced the results of the first nine months of the current financial year. It furnished these details in its filing before the stock exchange. Steady Performance in Net Profits The company’s consolidated financial […]

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Q3 Results: Sterling & Wilson Profit Up By 127% On YoY

Indian renewable energy company Sterling and Wilson (SW Solar or SWREL) today announced its financial results for the third quarter (Q3) of FY25, alongside a report for the first nine months of the fiscal year. 127% Surge in Net Profits The company’s consolidated financial results revealed a significant 127% increase in net profits on a […]

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