During Tuesday’s trading session, the price of a Solar manufacturing company specializing in the business of manufacturing solar photovoltaic cells and modules surged up to 2% after orders worth Rs 451 crores from KPI Green Energy Limited.
With a market capitalization of Rs. 956.02 crores on Tuesday, the shares of Solex Energy Limited are trading at Rs. 902.70, up by close to 2 percent from its previous closing price of Rs. 885.00. The share has given 26.39 percent returns in the month.
What’s the News
Solex Energy Ltd has received a work order from KPI Green Energy Limited for Rs 451 crores for the Manufacturing and supply of Solar PV Module, which includes 310 MW – N-Type TOPCon 615Wp Glass-to-Glass (G12R) Solar PV Modules. The order is to be completed within 6 months from September 2025. As per the terms of the order.
Financials
Its revenue from operations has surged by 193 percent from Rs. 93 Crores in HYFY24 to Rs 273 Crores in HYFY25, whereas the net profits of the company increased by 1200 percent from Rs. 1 crore in HYFY24 to Rs. 13 Crores in HYFY25.
Solex Energy Ltd manufactures solar photovoltaic cells and modules and is also in the Engineering, Procurement, and Construction in the solar energy market. The company specializes in renewable energy solutions and manufactures Solar Photovoltaic (PV) Modules and solar home lighting systems in India. Its operations include turnkey projects, spanning Residential Rooftop, Commercial, Industrial, and Utility Ventures. The company is engaged in OEM and ODM partnerships with Indian and International entities for module production under their brand names.
Written By Likesh Babu S
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