Borosil Renewables Ltd reported consolidated revenue of 3.9 billion rupees and net profit of 1 billion rupees for the December quarter of FY26, marking a significant recovery from previous losses. The company strengthened its financial position through preferential issues and showcased resilience in its operational performance.
Borosil Renewables Ltd has announced its Q3 FY26 results, reflecting a robust performance in the December quarter. The company posted consolidated revenue from operations at 3.9 billion rupees and consolidated net profit at 1 billion rupees, highlighting a strong turnaround compared to the prior year’s challenges.
Key Highlights:
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Revenue stood at 38,650.48 lakhs, showing notable growth from earlier quarters
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Net profit reached 7,825.96 lakhs, reversing last year’s losses and signaling profitability recovery
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Nine-month performance recorded revenue of 1,09,720.81 lakhs, though impacted by exceptional provisions of 35,977.85 lakhs related to subsidiaries, leading to a net loss for the period
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The company successfully raised 60,663.06 lakhs through two preferential issues, bolstering its balance sheet and enabling future growth initiatives
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Operational resilience and improved demand for solar glass contributed to the positive quarterly outcome
The results underscore Borosil Renewables’ ability to navigate industry challenges while positioning itself for sustainable growth in the renewable energy sector.
Sources: ScanX News, Moneycontrol