Gensol Engineering Limited (BSE: 542851, NSE: GENSOL), a leading player in the renewable energy sector specializing in solar power engineering, procurement, and construction (EPC)services, and electric mobility solutions, recorded revenue from operations, surpassing INR 314 Crores (provisional and unaudited) in Q2 FY 25 ending on 30th September, 2024 (Q2 FY25). This remarkable achievement represents a growth rate of 58% compared to the quarter two of the previous financial year. The corresponding figure for the previous year (Q2 FY24) was at INR 199 Crores. Gensol's performance emphasises its position as a frontrunner in the industry, demonstrating its ability to capitalise on emerging opportunities and deliver value to its stakeholders.
Upon achieving this revenue in Q2 FY25, Mr. Anmol Singh Jaggi, Chairman and Managing Director, Gensol Engineering Ltd. said, "This financial performance of the company reflects robust and commendable growth trajectory We continue to stand by our guidance of INR 2,000Cr topline for FY25 at consolidated level, with H2 contributing the bulk of the revenue on the same lines as last year. I thank all the shareholders, customers and the Gensol family for their continued support that is vital to our success, and we remain dedicated to delivering value and sustainable growth."
Shares of Gensol Engineering Ltd was last trading in BSE at Rs. 840.95 as compared to the previous close of Rs. 829.05. The total number of shares traded during the day was 10137 in over 636 trades.
The stock hit an intraday high of Rs. 844.90 and intraday low of 829.05. The net turnover during the day was Rs. 8510345.00. |
