
Onix Solar Energy Ltd Approves Audited Results for Financial Year Ended March 31, 2026
Onix Solar Energy Ltd, formerly known as ABC Gas (International) Limited, announced the approval of its audited financial results for the quarter and financial year ended March 31, 2026. The company held its Board of Directors meeting on April 23, 2026, where the board considered and approved the financial results.The company released statements covering the standalone Profit and Loss Account for the quarter and financial year ended March 31, 2026, alongside comparative figures. The statements also included the Assets Liability Statement for the financial year ended March 31, 2026, and comparable figures for the half year ended September 30, 2025.
Financial Performance Highlights
The financial results provide a clear comparison across different reporting periods. Total Revenue reached 7,059.14 Rs. in Lakhs for the quarter ended March 31, 2026, compared to 1,623.72 Rs. in Lakhs for the quarter ended December 31, 2025, and 2,337.85 Rs. in Lakhs for the quarter ended March 31, 2025.The key figures for the three years are summarized below:
Total Revenue (Rs. in Lakhs)
| Period | Quarter Ended 31.03.2026 | Quarter Ended 31.12.2025 | Quarter Ended 31.03.2025 | Half Year ended 30.09.2025 | Year Ended 31.03.2026 | Year Ended 31.03.2025 |
|---|---|---|---|---|---|---|
| Total Revenue | 7,059.14 | 1,623.72 | 2,337.85 | 8,878.49 | 15,774.08 | 2,980.62 |
Profit/(Loss) for the period (Rs. in Lakhs) showed 2,567.04 for the quarter ending March 31, 2026, and 4,019.39 for the full year ended March 31, 2026.
Balance Sheet Overview (Rs. in Lakhs)
The Balance Sheet provides a view of the company's financial position. The total assets for the year ended March 31, 2026, stood at 80,544.31, compared to 3,937.94 for the previous year.Key components of the Balance Sheet for March 31, 2026, include:
| Item | As at 31.03.2026 (Rs.) | As at 31.03.2025 (Rs.) |
|---|---|---|
| Total Non-Current Assets | 141.97 | 3.02 |
| Total Current Assets | 80,402.33 | 3,934.92 |
| TOTAL ASSET | 80,544.31 | 3,937.94 |
| Total Equity | 78,424.18 | 541.51 |
| TOTAL EQUITY AND LIABILITIES | 80,544.31 | 3,937.94 |
Cash Flow Statement Summary
The Standalone Cash Flow Statement reveals the cash movements over the years.Cash flow from Operating Activities (Rs. in Lakhs)
| Metric | Year Ended 31.03.2026 | Year Ended 31.03.2025 |
|---|---|---|
| Net profit before tax and extraordinary items | 4,019.39 | 152.32 |
| Operating profit before working capital changes | 3,978.59 | 111.00 |
| Net cash flow from operating activities | (73,879.64) | 1,723.55 |
Cash flow from Financing Activities (Rs. in Lakhs)
| Metric | Year Ended 31.03.2026 | Year Ended 31.03.2025 |
|---|---|---|
| Proceeds from issue of share capital | 73,863.28 | - |
| Net cash used in financing activities | 73,852.07 | - |
| Net cash flow from financing activities | 73,852.07 | - |
The company's reported closing cash and cash equivalents as of the year end was 188.89 Rs. in Lakhs for 2026, compared to 164.24 Rs. in Lakhs for 2025.
Stock Price Movement
Onix Solar Energy Ltd closed Thursday at ₹1001.75, recording a strong 2.00% gain for the session. The shares remained completely flat throughout the trading day, holding steady at ₹1001.75 for both the high and the low.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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