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Insolation Energy Limited’s Reported Remarkable Financial Performance In H1 FY24, Net Profit Surges 226% – EQ

Insolation Energy Limited’s Reported Remarkable Financial Performance In H1 FY24, Net Profit Surges 226% – EQ

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Key Financial Highlights H1 FY24

• Total Income of ₹ 280.07 crore, Up 141.71%
• EBITDA of ₹ 29.75 crore, Up 249.66%
• EBITDA margin of 10.62 %, Up 44.65 Bps
• Net Profit of ₹ 15.04 crore, Up 226.15%
• Net Profit Margin of 5.37 %, Up 35.26 Bps
• EPS of ₹ 7.22, Up 135.18 %

Insolation Energy Ltd. is a leading solar panel manufacturer in Jaipur, India. They employ advanced robotics, strict quality control, high-quality materials, and skilled workers to ensure our solar panels have a long lifespan spanning decades. The total operating capacity of the company now stands at 750 MW.

The company got listed on the BSE Emerge Platform on October 10, 2022, and it has delivered an impressive return of 1,497.37%.

Anand Gupta Editor - EQ Int'l Media Network