Insolation Energy Limited achieved remarkable growth during the nine months ended 31st December 2024, with consolidated provisional revenue surging to ₹928.34 crores, a significant 92.4% increase from ₹482.5 crores in the same period of 2023. This growth underscores the company’s strong execution of strategic initiatives and favorable market dynamics.
The management is optimistic about achieving further milestones, projecting a stronger second half of FY 2024-25 in terms of revenue and profitability. With a robust order book of nearly ₹700 crores in the EPC segment, contributions are expected to commence from Q4 of FY 2024-25.
Adding to the excitement, the company’s new 3GW production facility is set to begin operations in April 2025, boosting total capacity to 4GW. This expansion positions Insolation Energy Limited to capitalize on rising demand and substantially grow revenue and profits in FY26.
In the meantime, Insolation Energy shares opened at ₹3,512.00 today, reaching a high of ₹3,525.00 and a low of ₹3,405.00 during trading. The stock has seen impressive growth this year, with a 52-week high of ₹4,750.00 and a low of ₹798.00. As of 12:12 PM, the shares were trading 3.32% down at Rs 3,455.00.
