| Metric | Value (₹ Cr) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 344.51 | 0.6% | 56.4% |
| Total Income | 345.34 | 0.4% | 52.0% |
| Expenditure | 329.37 | 2.3% | 57.1% |
| PBT | 15.97 | 35.7% | 8.3% |
| Net Profit | 17.86 | 22.1% | 45.1% |
| OPM | -9.30% | 7.32pp | 9.73pp |
| NPM | 5.17% | 1.44pp | 0.25pp |
| EPS | 4.46 | 42.5% | 27.8% |
Gensol Engineering Reports 42% Revenue Growth, 89% EBITDA Growth & 34% PAT Growth in 9M FY25
12 Feb 2025 · 12 Feb 2025, 01:27 am
Summary
Gensol Engineering Limited, a leading player in the renewable energy sector, has announced its unaudited consolidated financial results for the quarter & nine months ended December 31, 2024 (Q3 & 9M FY25). The company reported a 42% growth in total revenue, 89% growth in EBITDA, and 34% growth in PAT for the 9 months ended December 31, 2024. The company also secured major solar EPC contracts and made significant strides in its electric vehicle (EV) business.
Key Highlights
- 1
42% growth in total revenue for 9M FY25
- 2
89% growth in EBITDA for 9M FY25
- 3
34% growth in PAT for 9M FY25
- 4
Secured major solar EPC contracts worth INR 2,928 crores
- 5
30,000 pre-orders for EZIO micro urban vehicle and EZIBOT cargo EV at Bharat Mobility Global Expo 2025
Management Comments
Anmol Singh Jaggi
India’s renewable energy story is unfolding at a remarkable pace. With country touching 100 GW solar installed capacity, we have witnessed a watershed moment. This milestone underscores the effectiveness of government policies and increasing investments. Gensol's strong performance reflects this positive momentum. In Q3, we've secured major solar EPC contracts totalling Rs. 2,928 crores, bolstering our order book. Our EV business is also gaining traction, with 30,000 pre-orders for our 'EZIO' micro urban vehicle and 'EZIBOT' cargo EV unveiled at Bharat Mobility Global Expo 2025. The transfer of 2,997 e4Ws through our partnership with Refex Green Mobility not only demonstrated our commitment to electric mobility but substantially deleveraged our balance sheet. Looking ahead, we'll continue to drive clean energy solutions across solar EPC, EVs, battery storage, and green hydrogen, strengthening our market position and creating long-term value for our stakeholders.
Informational and educational content only. Not investment advice.