Solex Energy Ltd has posted a consolidated revenue of INR 665.82 crore for the fiscal year ended March 31, 2025, an 81% year-on-year growth compared to INR 368.02 crore in FY 2023-24. It also reported a 390% increase in profit after tax (PAT) 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% growth year-on-year.
The company said the stellar growth was driven by an increased demand for solar modules, strategic execution of large-scale EPC projects, and geographical expansion in Maharashtra, Tamil Nadu, Uttar Pradesh, and Rajasthan.
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