Solar module manufacturer reports Rs 15,584.67 million income for fiscal year 2025-26 Back
<p>The solar photovoltaic module manufacturer, operating since 2014, reported a significant increase in income for the fiscal year 2025-26, reaching Rs 15,584.67 million compared to Rs 6,626.08 million in 2024-25. Consolidated income for the same period rose to Rs 16,211.32 million from Rs 6,647.84 million. Profit for the year totaled Rs 888.98 million in 2025-26, up from Rs 390.34 million the previous year. The company, which has no foreign investments or collaborators, is led by Chairman & Managing Director Dr. Chetan Shah, Whole-Time Director Mr. Piyush Chandak, and Promoter & Whole-Time Director Mr. Kalpesh Patel, each holding substantial equity shares along with their relatives. Management acknowledged potential future losses due to market conditions and is implementing measures to improve cash flow, though precise profit projections remain uncertain.</p>