Business Update3 Apr 2024, 01:31 pm
Gensol Engineering Limited Reaches New Heights with Rs. 960 Crore Revenue in FY 24, Representing a 141% Year-over-Year Growth
AI Summary
Gensol Engineering Limited announced its highest ever revenue of Rs. 960 Crores (provisional and unaudited) in the financial year ending on March 31, 2024. This impressive achievement showed a growth rate of 141% compared to the previous financial year's revenue of Rs. 398 Crores. The company's exceptional performance in the renewable energy sector reflects its ability to capitalize on emerging opportunities and deliver value to its stakeholders.
Key Highlights
- Gensol Engineering Limited reported an unaudited revenue of Rs. 960 Crores in FY 24, marking a 141% Year-over-Year growth
- The company's revenue from operations in FY 22-23 was Rs. 398 Crores
- Gensol Engineering Limited is a leading player in the renewable energy sector, specializing in solar power engineering, procurement, and construction (EPC) services and electric mobility solutions