Solex Energy Reports Q1 FY27 Results; Consolidated Revenue Reaches 2,656.33 Million

Solex Energy Reports Q1 FY27 Results; Consolidated Revenue Reaches 2,656.33 Million

Solex Energy Reports Q1 FY27 Results; Consolidated Revenue Reaches 2,656.33 Million​

Solex Energy Limited has announced its unaudited consolidated and standalone financial results for the quarter ended June 30, 2026. The company also confirmed key operational decisions made during its Board meeting held on August 14, 2026.

The Board of Directors approved the interim financial results, along with the Limited Review Report from statutory auditors. Key outcomes included scheduling the Annual General Meeting (AGM) and determining eligibility dates for members concerning future dividend payments and e-voting processes.

Consolidated Financial Performance​

Solex Energy’s consolidated financials reflect operations across the Holding Company and its three subsidiaries: Solex Green Energy Private Limited, Solex New Energy Private Limited, and Solex BESS Private Limited.

The unaudited consolidated results for the quarter ended June 30, 2026, are presented below, with all figures in millions.

ParticularsQtr Ended Jun 30, 2026 (Unaudited)Qtr Ended Mar 31, 2026 (Unaudited)Qtr Ended Jun 30, 2025 (Audited)
Revenue from operations2,608.248,855.322,596.12
Total Income2,656.338,858.0516,211.32
Profit for the period (Net)82.56193.33422.26

The results incorporate interims from the subsidiaries: Solex Green Energy Private Limited recorded a revenue of 246.14 million and profit after tax of 4.66 million for the quarter, compared to 460.48 million in revenue and 40.88 million profit before that.

Standalone Financial Performance​

The standalone results for Solex Energy Limited show a steady performance across multiple periods. For the quarter ended June 30, 2026:

ParticularsQtr Ended Jun 30, 2026 (Unaudited)Qtr Ended Mar 31, 2026 (Unaudited)Qtr Ended Jun 30, 2025 (Audited)
Revenue from operations2,594.188,394.8415,552.80
Total Income2,643.088,397.8815,584.67
Profit for the period (Net)71.46179.37296.96

Operational and Governance Updates​

The Board meeting on August 14, 2026, reviewed and approved the results and outlined several strategic administrative points. The company announced that the notice convening the 12th Annual General Meeting (AGM) is scheduled for Tuesday, September 22, 2026, which will be held via Video Conference or other Audio-Visual Means.

The Board also approved the book closure dates and cut-off date necessary to determine member eligibility for payment of final dividends if declared at the ensuing AGM.

In a related corporate update, the company confirmed that Solex BESS Private Limited was incorporated on June 22, 2026, as a wholly owned subsidiary of Solex Energy Limited.

The unaudited financial results were reviewed by independent auditors, and their limited review reports contained no qualifications or modifications.

SOLEX Stock Price Movement​

Shares of Solex Energy Limited today slipped by 0.19% to settle at ₹880 after trading on a volume of 69,475 shares.
 

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.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Last edited by a moderator:

Editorial Note

This news article was written and created by Shreyas, and published on IST.
Back
Top