Gensol Engineering Limited, a leading name in the renewable energy and electric mobility sector, has reported a significant revenue growth for the second quarter of the financial year 2025 (Q2 FY25). The company achieved a revenue of INR 314 Crore, marking a 58% year-on-year (YoY) growth compared to INR 199 Crore in the same period last year (Q2 FY24).
This robust performance highlights Gensol’s growing dominance in the solar power engineering, procurement, and construction (EPC) services market. With this substantial rise in revenue, Gensol remains on track to meet its revenue target of INR 2,000 Crore for the full year, as noted by Anmol Singh Jaggi, the company’s Chairman and Managing Director.
Mr. Jaggi expressed his gratitude for the ongoing support from shareholders, customers, and the Gensol team, stating, “This financial performance reflects our commendable growth trajectory. We continue to stand by our guidance of INR 2,000 Crore topline for FY25, with the second half contributing the majority of the revenue, just like last year.”
In addition to its focus on solar EPC, Gensol has expanded its operations into electric vehicle (EV) leasing and manufacturing, establishing a production facility in Pune with an annual capacity of 30,000 vehicles. The company has also ventured into energy storage solutions and green hydrogen production, positioning itself as a key player in India’s sustainable energy transition.
Gensol Engineering continues to make strides in the renewable energy and electric mobility sectors, delivering innovative and sustainable solutions to a diverse client base.
