In Short : IREDA delivered robust Q2 FY26 performance, recording a 41% surge in net profit to ₹549 crore and an 81% increase in loan disbursements to ₹8,062 crore. Loan sanctions jumped 145% to ₹21,408 crore, while the loan book expanded 31% to ₹84,477 crore, underscoring IREDA’s strong role in powering India’s renewable energy expansion. […]
KEC International Records 76% Growth In Net Profit At ₹268 Crore, EBITDA Spikes ₹539 Crore – EQ
In Short : KEC International reported a 76% year-on-year jump in Q4 FY25 net profit to ₹268 crore, with EBITDA rising 39% to ₹539 crore. Annual profit hit ₹571 crore, up 64.6%, on revenue of ₹21,847 crore. The company secured record orders worth ₹24,689 crore and proposed a ₹5.50 dividend, driving shares up over 7% […]
INA Solar’s Net Profit Soars 127.50% in FY 2024–25 – EQ
Insolation Energy Limited (INA Solar), one of India’s leading solar panel manufacturers, has announced stellar financial results for the fiscal year ending March 31, 2025. The company reported a consolidated turnover of ₹1,333.76 crore, reflecting an impressive growth of 80.93% compared to ₹737.17 crore in FY 2023–24. This robust performance is a testament to INA […]
JSW Energy Q4 results: Net profit rises 20% to ₹464 cr, revenue up 15% – EQ
In Short : JSW Energy’s Q4 FY25 net profit rose 16% year-on-year to ₹408 crore, driven by a 16% increase in revenue to ₹3,189 crore. The board approved a ₹10,000 crore fundraising plan and recommended a ₹2 per share dividend. Following the announcement, shares gained 2%, reflecting positive investor sentiment. In Detail : JSW Energy […]
REC Reports 23% Surge In Net Profit, Declares Rs 4.30 Per Share Interim Dividend – EQ
In Short : REC Ltd. reported a 23% rise in net profit, driven by strong loan growth and improved asset quality. The company declared an interim dividend of ₹4.30 per share, reflecting its robust financial performance. REC continues to support India’s energy sector with increased financing for renewable and infrastructure projects. In Detail : For […]
Reliance Power back in the black: Reports Rs 42 cr net profit in Q3 – EQ
In Short : Reliance Power reported a net profit of ₹42 crore in Q3, marking a return to profitability after previous losses. The turnaround was driven by improved operational efficiency and cost management. Higher power demand and strategic initiatives contributed to revenue growth. The company remains focused on strengthening its financial position and expanding its […]
Waaree Energies Q3 results: Net profit grows multifold to Rs 506.8 cr – EQ
In Short : Waaree Energies reported a multifold increase in net profit to ₹506.8 crore for Q3, driven by strong demand for solar modules. The company’s revenue surged significantly, reflecting growth in India’s renewable energy sector. With expanding capacity and strategic investments, Waaree continues to strengthen its position as a key player in the solar […]
Adani Energy Solutions net profit jumps 80 pc to Rs 625 cr in Q3 – EQ
In Short : Adani Energy Solutions reported an 80% surge in net profit, reaching ₹625 crore in Q3. The impressive growth was driven by increased operational efficiency and expanding infrastructure projects. The company’s robust performance highlights its focus on scaling renewable energy and power transmission, aligning with India’s energy transition and sustainability goals. In Detail […]
Gensol Engineering net profit grows 29% to ₹23 crore in September quarter – EQ
In Short : Sunsure Energy has commissioned a 49 MW solar project in Uttar Pradesh, contributing to the region’s renewable energy capacity. This initiative supports India’s goal of achieving 100 GW of solar power by 2022 and aims to reduce reliance on fossil fuels. The project also promises to create local job opportunities while promoting […]
IREDA posts all-time high net profit of Rs 407 cr in Apr-Dec – EQ Mag Pro
The loan sanction stood at Rs 1,439.33 crore (Q3) against Rs 1,281.22 crore in same period a year ago. State-owned Indian Renewable Energy Development Agency (IREDA) on Monday posted the highest-ever net profit of Rs 407.09 crore for the nine months ended on December 31, 2021. “Indian Renewable Energy Development Agency (IREDA), a PSU under […]
