Winsol Engineers Limited, a renowned engineering, procurement, construction, and commissioning (EPCC) services provider for renewable energy projects, has informed of the receipt of a purchase order worth ₹25.2 million. This new order contributes to the company's increasing order book and strengthens its leadership in the Indian renewable energy market.
Major points:
1.Purchase order valued at ₹25.2 million
2.Adheres to recent orders of ₹27.1 million and work orders of Sembcorp Group
3.Conforms to Winsol Engineers' plan to take advantage of India's renewable energy expansion
4.Company recorded a net profit of ₹9.09 crore in FY2024, which is a 75.75% YoY growth
This new order reaffirms Winsol Engineers' success in winning substantial orders in a competitive environment. The firm's robust financial results, such as a 19.37% growth in consolidated revenue to ₹78.12 crore in FY2024, place it firmly on the growth path in the renewable energy business.
Winsol Engineers' emphasis on Balance of Plant (BoP) solutions for wind and solar power generation has been instrumental in its success, with the company reaping the benefits of India's clean energy push. The recent IPO on the NSE SME platform, which raised around ₹23 crore, further strengthens its financial resources to undertake new projects.
Sources: Winsol Engineers Limited Regulatory Filing, Business Standard, March 26, 2025