Author: PPD Team Date: 14/05/2025
Solex Energy Limited reported a total income of Rs 6.658 billion for FY 2024–25, up 81 per cent from Rs 3.680 billion in FY 2023–24. Profit after tax surged to Rs 427.9 million, a 390 per cent increase from Rs 87.3 million.
Earnings per share (EPS) rose to Rs 43.82, reflecting a 301 per cent rise year-on-year. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) stood at Rs 731.2 million, marking 157 per cent growth.
The company’s net worth increased to Rs 1.606 billion, up 247.39 per cent. Performance was driven by strong demand for solar modules, execution of large-scale EPC (engineering, procurement, and construction) projects, and expansion into Maharashtra, Tamil Nadu, Uttar Pradesh, and Rajasthan.
Advait Energy Transitions Limited recorded consolidated revenue from operations of Rs 3.991 billion in FY 2024–25, up from Rs 2.088 billion the previous year. Total income reached Rs 4.064 billion. Net profit rose to Rs 320.5 million, up from Rs 218.9 million.
EPS increased to Rs 29.06 from Rs 21.45. The company’s asset base stood at Rs 4.921 billion, with a net worth of Rs 2.08 billion.
In Q4 FY 2024–25, consolidated revenue reached Rs 1.946 billion, compared to Rs 984.4 million in Q3. Quarterly net profit was Rs 128.8 million, up from Rs 97.9 million.
On a standalone basis, revenue rose to Rs 2.954 billion in FY 2024–25, compared to Rs 2.074 billion in the previous year. Standalone profit after tax increased to Rs 314.9 million from Rs 213.3 million. Standalone EPS rose to Rs 29.57 from Rs 20.92.
The board recommended a final dividend of Rs 1.75 per equity share of face value Rs 10, subject to shareholder approval. In Q4, 7,297 options were granted under the Advait Employee Stock Option Plan 2022.