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Good growth in revenue and profit of Insolation Energy Limited (INA Solar),Consolidated revenue increased from Rs.215.47 crore to Rs.280.05 crore.

24 May 2023

Insolation Energy Limited (INA Solar), a reputed Solar Panel Manufacturing Company in India, INA Solar is the first Solar Panel Manufacturing Company from Rajasthan to get listed on BSE SME. Currently, INA Solar is named among the 10 best solar companies in India.
The Company Insolation Energy Limited has presented its Half Yearly and Annual Financial Results for the year ended 31st March, 2023.
According to the consolidated balance sheet, in the second half of the financial year ending March 31, 2023, the company recorded a revenue of Rs 164.18 crore, as against Rs 115.86 crore earned in the first half of the said financial year. During the above period, the company has earned a net profit after tax of Rs.6.07 crore as against Rs.4.60 crore earned in the first half of the financial year.
For the financial year ending March 31, 2023, the company registered a total revenue of Rs 280.05 crore as against Rs 215.47 crore earned in the previous year. During the said period, the company has earned a net profit after tax of Rs.10.68 crore as against Rs.6.94 crore earned in the same period last year. The company has earned an EPS of Rs 6.01 in FY23.
The consolidated financial results also include the financial results of Insolation Green Energy Private Limited.

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