In Short : Borosil Renewables posted a 37.4% rise in Q1 revenue to ₹332.26 crore, boosted by strong domestic demand and better pricing. EBITDA jumped 211% to ₹92.53 crore with improved margins. However, a ₹325.91 crore provision for its loss-making German subsidiary led to a standalone net loss. The company is advancing a ₹950 crore […]
Borosil Renewables Exits German Market to Refocus on India’s Solar Growth Opportunity – EQ
In Short : Borosil Renewables has filed for insolvency of its German subsidiary, GMB Glasmanufaktur Brandenburg, citing heavy losses from Chinese underpricing. The move eliminates a monthly cash burn of ₹9 crore and reduces exposure by €35.3 million. The company will now concentrate on India’s growing solar glass market, aligning with strong domestic demand and […]
Borosil Renewables board approves revised expansion project at estimated cost of Rs 950 cr – EQ
In Short : Borosil Renewables has approved a revised ₹950 crore expansion plan to boost solar glass production by 600 tonnes per day at its Bharuch, Gujarat facility. The project includes two new 300 TPD furnaces, driven by market growth following anti-dumping duties on Chinese and Vietnamese imports. Commissioning is slated for October to December […]
Borosil Renewables to Expand Solar Glass Production with ₹900 Crore Investment, Aiming for 10 GW Capacity by 2026 – EQ
In Short : Borosil Renewables announced a ₹900 crore investment to expand its solar glass manufacturing capacity to 10 GW by 2026. The move aims to support India’s growing solar energy sector, reduce import dependence, and strengthen domestic production capabilities. The expansion will help meet rising demand for solar glass in renewable energy projects nationwide. […]
Borosil Renewables to Expand Solar Glass Manufacturing Capacity by 50% – EQ
In Short : Borosil Renewables is set to expand its solar glass manufacturing capacity by 50%, aligning with the increasing demand for renewable energy solutions. This expansion will boost the company’s production capabilities, supporting the solar industry’s growth and contributing to the global transition towards sustainable energy. The move reinforces Borosil’s commitment to advancing clean […]
Borosil Renewables net profit grows to Rs 30 crore in July-September quarter – EQ
In Short : Borosil Renewables, a leading solar glass manufacturer in India, reported a robust financial performance in the July-September quarter, with a net profit of Rs 30 crore. This growth highlights the company’s strong position in the renewable energy sector and its ability to capitalize on the increasing demand for solar products. The positive […]
Borosil Renewables Ltd posts Rs. 24.28 crores profit in Q2FY23 – EQ Mag Pro
BOROSIL RENEWABLES LIMITED has reported Standalone financial results for the period ended September 30, 2022. Financial Results (Q2 FY2023) – QoQ Comparison The company has reported total income of Rs. 171.3725 crores during the period ended September 30, 2022 as compared to Rs. 173.1189 crores during the period ended June 30, 2022. The company has […]
Intimation of Allotment Of 6,000 Equity Shares of The Company Against Stock Options Under The ‘Borosil Employee Stock Option Scheme 2017 – EQ Mag Pro
Intimation of Allotment Of 6,000 Equity Shares of The Company Against Stock Options Under The ‘Borosil Employee Stock Option Scheme 2017. For more information please see below link:
Imposition of ADD on Textured Tempered Coated and Uncoated Glass notified on August 18, 2017, has lapsed – EQ Mag Pro
Imposition of ADD on Textured Tempered Coated and Uncoated Glass notified on August 18, 2017, has lapsed. For more information please see below link:
Credit rating – Intimation under Regulation 30 of the Securities and Exchange Board of India – EQ Mag Pro
Credit rating – Intimation under Regulation 30 of the Securities and Exchange Board of India. For more information please see below link: