Solex Energy Limited Reports Earnings Results for the Half Year Ended September 30, 2021
November 14, 2021 at 09:39 am
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Solex Energy Limited reported earnings results for the half year ended September 30, 2021. For the half year, the company reported sales was INR 350.55 million compared to INR 223.25 million a year ago. Revenue was INR 352.2 million compared to INR 224.84 million a year ago. Net income was INR 5.87 million compared to INR 8.89 million a year ago. Basic earnings per share from continuing operations was INR 0.73 compared to INR 1.8 a year ago. Diluted earnings per share from continuing operations was INR 0.73 compared to INR 1.8 a year ago.
Solex Energy Limited is an India-based company, which is engaged in manufacturing of solar photovoltaic modules. The Company offers a diverse product range including Monofacial and Bi-facial modules across various power capacities. It is focused on manufacturing of solar photovoltaic modules along with providing turnkey solar solutions across different segments, such as solar power plants, solar water pumps, and utility scale ground mounted solar power plants. The Companyâs solutions include Solar Residential Rooftop, Solar Industrial Rooftop, Solar Power Plant, Solar Water Pump, Solar Charging Stations, and Solar Car Port. Its solar projects include SKY PGVCL Solar Farm (2019-20): Gujarat Ground Mount Project, JREDA Rooftop Solar (2017-18): Lighting Jharkhand - Project 1, JREDA Rooftop Solar (2017-18): Illuminating Jharkhand - Project 2, JREDA Home Light System (2019-20): Powering Homes in Jharkhand, Buddha Smriti Park, Bihar Rooftop Installation.