Board Meeting14 May 2026, 08:21 pm
Fujiyama Power Systems: FY26 Audited Results Approved
AI Summary
Fujiyama Power Systems Ltd's board approved the audited financial results for the quarter and year ended March 31, 2026. The board also approved setting up a 1.2 GW TOPCON solar cell manufacturing facility in Ratlam, Madhya Pradesh, and commissioning a 2 GW solar panel manufacturing line. An update on a fire incident at the Bawal facility in Haryana was also provided. The auditor's report included an emphasis of matter regarding the fire incident, which resulted in an estimated loss of ₹1,576.30 million.
Key Highlights
- Audited financial results for FY26 approved with unmodified audit opinion.
- 1.2 GW TOPCON solar cell manufacturing facility to be set up in Ratlam.
- Commissioning of 2 GW Solar Panel manufacturing line at Ratlam.
- Update provided on fire incident at Bawal Industrial Area, Rewari, Haryana.
- Fire incident caused estimated damage of ₹1,576.30 million.