Indosolar posts sharp quarterly turnaround with strong revenue expansion

Indosolar delivered a major quarterly turnaround with profit up 389% and revenue rising more than sixfold amid improving solar manufacturing demand.

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9 days ago

Indosolar posts sharp quarterly turnaround with strong revenue expansion

Indosolar posts sharp quarterly turnaround with strong revenue expansion
Indosolar reported Q2 FY26 net profit of ₹46.34 crore, surging 389% year-on-year on improved utilization and better pricing. Revenue rose 620.82% to ₹202.55 crore as solar manufacturing demand strengthened. ROCE touched 77.05% and shares hovered around ₹610. The company’s market capitalization reached ₹2,539 crore, reflecting growing investor confidence in domestic photovoltaic capacity expansion.
Companies:
  • Indosolar
Tags:
  • earnings
  • solar