Indosolar Limited Approves Unaudited Financial Results for Quarter Ended June 30, 2026
Indosolar Limited announced the approval of its Standalone unaudited financial results for the quarter ended on June 30, 2026. These results were reviewed and approved by the company's Board of Directors during a meeting held on July 23, 2026.The company operates primarily in the Manufacturing & Trading of Solar Photovoltaic Modules segment. The unaudited financial statements provide a snapshot of the company’s performance across various periods, including the three months ended June 30, 2026, and the full year ended March 31, 2026.
The Board reviewed and approved the results along with a limited review report, which was conducted by an independent auditor.
Financial Performance Snapshot (All figures in Lakhs)
| Particulars | Three Month Ended June 30, 2026 (Unaudited) | Three Month Ended March 31, 2026 (Audited) | Three Month Ended June 30, 2025 (Unaudited) | Year ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Revenue from operations | 6,836.14 | 8,309.88 | 19,467.57 | 67,984.85 |
| Other Income | 838.70 | 113.42 | 132.06 | 151.69 |
| Total income | 7,674.84 | 8,423.30 | 19,599.63 | 68,136.54 |
| Cost of materials consumed | 2,178.71 | 326.50 | 12,151.32 | 35,415.82 |
| Changes in Inventories | (1,471.87) | 301.71 | (279.91) | 561.78 |
| Manufacturing expenses | 836.78 | 741.03 | 710.06 | 3,007.65 |
| Employee benefits expense | 174.51 | 166.59 | 123.66 | 578.88 |
| Finance costs | 7.68 | 1.13 | 62.43 | 126.94 |
| Depreciation and amortisation expense | 930.30 | 914.01 | 910.43 | 3,670.79 |
| Other expenses | 271.71 | 340.95 | 405.89 | 1,346.22 |
| Total Expenses | 2,927.82 | 2,791.92 | 14,083.88 | 44,708.08 |
| Profit before tax | 4,747.02 | 5,631.38 | 5,515.75 | 23,428.46 |
| Profit from ordinary activities before tax | 4,747.02 | 5,631.38 | 5,515.75 | 23,428.46 |
| Deferred Tax | 1,085.09 | 1,431.50 | (6,163.51) | (1,231.45) |
| Profit after tax | 3,661.93 | 4,199.88 | 11,679.26 | 24,659.91 |
| Total Comprehensive income for the period | 3,661.93 | 4,199.26 | 11,679.26 | 24,659.29 |
The company reported a total comprehensive income of 3,661.93 Lakhs for the quarter ended June 30, 2026. Furthermore, the Earnings per share (based on a face value of ₹10 each) stood at 59.27 in both basic and diluted calculations for the period.
Government Grant Recognition
The company informed that it received approval for a Capital Subsidy amounting to 929.67 Lakhs on May 19, 2026, under the U.P. Electronics Manufacturing Policy - 2020 (First Amendment). In accordance with accounting standards, Indosolar recognized subsidy income of 591.69 lakhs in Other Income for the quarter, and the remaining 337.98 Lakhs was recorded as a Deferred Government Grant.WAAREEINDO Stock Price Movement
Shares of Indosolar Limited slipped today, shedding ₹4.55 or 1.21% to settle at ₹371.20. The equity saw a traded volume of 41,869 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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