&w=3840&q=100)
Insolation Energy PAT jumps 61% to ₹65 crore in October-March FY25
Press Trust of India New Delhi
Insolation Energy on Monday reported a 60.89 per cent rise in its net profit to Rs 65 crore in the October-March period of FY25, against the same period a year ago.
The company had posted a Rs 40.4 crore net profit in the six-month period of preceding 2023-24 financial year, the company said in an exchange filing.
Revenue from operations increased by 57.3 per cent to Rs 721.7 crore from Rs 458.8 crore during the period under review.
Insolation Energy is a solar panel manufacturer in India, headquartered in Jaipur, Rajasthan.
The company currently operates two manufacturing units, with a third facility set to become operational within the next two months.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Indian Express
a minute ago
- Indian Express
India's first private maths research institute comes up in Mumbai, Fields Medal winner Manjul Bhargava on advisory council
India's first privately funded mathematics research institute, Lodha Mathematical Sciences Institute (LMSI), was launched in Mumbai Sunday in the presence of world-renowned dignitaries from the field of mathematics, including Dr Manjul Bhargava, the first Indian-origin winner of the Fields Medal, the highest honour in mathematics. Dr Bhargava, who serves on LMSI's advisory council, is also set to conduct the institute's inaugural course. Currently a professor at Princeton University, Dr Bhargava will lead a seminar-based course on arithmetic statistics and number theory. Scheduled to begin later this month and continue until mid-December, it marks the first of several intensive four- to six-month programmes to be hosted by LMSI and led by prominent experts from India and abroad. With an advisory council composed of eminent mathematicians from around the world, LMSI aims to host many such intensive courses. The institute is backed by the Lodha Foundation, the philanthropic arm of Lodha Group founded by Mangal Prabhat Lodha. The Foundation received an endowment of approximately Rs 20,000 crore from the Lodha family last year. Abhishek Lodha, chief executive officer and managing director of Lodha Developers, said, 'It is very important for us as a company to make sure that our success contributes in a wholesome manner to India's development. In that context, the family decided last year to donate about one-fifth of the ownership of the company to the Lodha Foundation. We have realised that for any nation to become strong, we ought to have original thinking and promote innovation.' The institute will be headed by Dr V Kumar Murty, a renowned mathematician, known for his significant contributions to number theory and arithmetic geometry. He said, 'We know that in the vast history of India, there have been many great mathematicians who contributed fundamental ideas that have shaped the world that we live in today. The LMSI aims to address fundamental problems that will help India become a developed nation and a global leader by 2047.' Dr Murty, who holds a PhD from Harvard University, has served as director of the Fields Institute and professor at the University of Toronto. Dr Murty's research covers a range of topics, including analytic number theory, information security, and arithmetic algebraic geometry. LMSI's advisory council features esteemed figures such as Dr Vikraman Balaji (Chennai Mathematical Institute), Dr Sourav Chatterjee, Dr Ravi Vakil, and Dr Yakov Eliashberg (all from Stanford University), Dr Alexander Lubotzky (Weizmann Institute of Science), and Dr Kavita Ramanan (Brown University), among others. Beyond academics, LMSI seeks to apply advanced mathematical tools, such as data science, operations research, machine learning, and optimisation, to address critical challenges in infrastructure, healthcare, and economics. Faculty will be empowered to pursue research without administrative burdens. In the future, LMSI plans to launch the Indian Congress of Mathematics. Ashish Kumar Singh, chief mentor at Lodha Foundation, said, 'The foundation of almost all technological progress today is mathematical, whether it be cryptography, cybersecurity, warfare, and definitely artificial intelligence (AI). At LMSI, we are aiming to get the brightest researchers to come together and pursue research in cutting-edge frontier mathematics.'
Indian Express
3 minutes ago
- Indian Express
Kolkata Metro Yellow Line, set to be inaugurated this week, likely to improve airport connectivity
Kolkata Metro Line Inauguration: The much-awaited Kolkata Metro's Noapara to Jai Hind Bimanbandar stretch is set to be opened soon for the commercial operation. According to reports, this new section will be inaugurated by Prime Minister Narendra Modi on August 22. The 6.77-km-long Noapara to Jai Hind Bimanbandar section is a part of Kolkata Metro's Yellow Line. The metro rail operations between Noapara to Jai Hind Bimanbandar section will reduce the hardship of the residents of the area to reach Kolkata Airport as after commissioning of this stretch fast and comfortable metro journey can be enjoyed to Kolkata Airport. The total cost of Kolkata Metro Noapara to Jai Hind Bimanbandar project is around Rs 1,866 crore with three newly newly built stations i.e. Dum Dum Cantonment, Jessore and Jai Hind Bimanbandar. This stretch of Metro section has two other stations enroute viz Dum Dum Cantonment and Jessore Road. With the beginning of metro train operations Noapara to Jai Hind Bimanbandar section, the people residing at Baranagar, Tobin Road, Sinthee, Dum Dum, Nagerbazar, Kaikhali More areas will be benefitted the most, as they will find it very convenient to go to any part of the city by using these stations. Noapara is further connected to southern part of the Kolkata through interchange point for the journey through Blue Line from Noapara to Kavi Subhash. Dum Dum Cantonment is also in vicinity of Sealdah- Bongaon section of Eastern Railway.
India.com
3 minutes ago
- India.com
This company hits upper circuit after Q1 results 2025
1 लाख के निवेश पर 10 लाख का फायदा Shares of IT company Blue Cloud Softech Solutions are in action today as they hit a 5 per cent upper circuit on Monday, August 18, 2025 as soon as the market opened for trading. The action in stock comes amid a spurt in trading voluem. According to BSE Analytics, around 13.86 lakh equity shares of the company changed hands on the stock exchanges as compared to the two-week average quantity of 7.96 lakh shares. Technically, the counter trades higher than the 5-day, 20-day, 50-day and 100-day moving averages but lower than the 200-day moving averages. The 52-week high of the stock is Rs 118.43 and the 52-week low is Rs 14.95. The market cap of the company is Rs 1,462.42 crore. Q1 FY26 Results Key Highlights – Consolidated Profit After Tax (PAT) up 37 per cent YoY (year-on-year) at Rs 14.4 crore against Rs 10.5 crore in the same quarter a year ago. – Profit Before Tax (PBT) surges 33 per cent YoY. – However, the company's income from operations stood at Rs 206.19 crore against Rs 231.4 crore in Q1 FY25. – The standalone net profit stood at Rs 13.29 crore in Q1FY26, registering a growth of 71.7 per cent from Rs 7.74 crore in the year-ago quarter. – Operational efficiency at peak – Margins expanding sharply. – Singapore subsidiary ready to open global growth gates. – Despite a slight dip in revenues, profits are at all-time highs. Meanwhile, benchmark indices Sensex and Nifty opened gap up in early trade on Monday, buoyed by plans for big bang reforms in the GST regime by Diwali. The 30-share BSE Sensex jumped 1,021.93 points to 81,619.59 in early trade. The 50-share NSE Nifty surged 322.2 points to 24,953.50. From the Sensex firms, Maruti, Bajaj Finance, Mahindra & Mahindra, UltraTech Cement, Trent and Bajaj Finserv were among the major gainers. (This article is for informational purposes only and should not be construed as investment, financial, or other advice.)
