Hot Pursuit     10-Apr-24
Gensol Engg gains on reporting Rs 1,783-cr order book for FY25
Gensol Engineering rose 1.06% to Rs 994.50 after the company reported a robust order book of Rs 1,783 crore at the beginning of FY25.

For FY25, the company has secured an order worth Rs 1,448 crore from Solar EPC (India and Middle East including scorpius trackers). Additionally, it has bagged another order worth Rs 335 crore from Let'sEV (EV leasing business).

Anmol Singh Jaggi, chairman and MD of Gensol Engineering, said, “Our order book for FY25 is at Rs 1,783 crore highlighting growing demand for our renewable energy and eMobility solutions. This order book will be executed over the next 12 months.

This achievement solidifies our status as a frontrunner in Solar EPC, Solar tracking and EV Leasing industry, emphasising our commitment to growth.”

Gensol Engineering offers end-to-end EPC and solar advisory services. The company is engaged in providing technical due diligence, detailed engineering, quality control, construction supervision, and other consulting services for solar projects across many countries, including India.

The company reported a consolidated net profit of Rs 13.12 crore in Q3 FY24 as against a net loss of Rs 1.90 crore. Revenue from operations stood at Rs 220.25 crore in Q3 FY24, steeply higher from Rs 50.79 crore in Q3 FY23.

Previous News
  Gensol Engineering appoints CEO - Solar EPC (Middle East)
 ( Corporate News - 27-Mar-24   10:13 )
  Gensol Engineering bags contract worth Rs. 138.72 Crore
 ( Corporate News - 03-Jan-24   10:44 )
  Gensol Engineering to hold EGM
 ( Corporate News - 03-Jan-24   14:09 )
  Gensol Engg spurts on bagging orders of Rs 501 cr in Feb
 ( Hot Pursuit - 17-Feb-23   12:29 )
  Gensol Engineering to hold board meeting
 ( Corporate News - 10-Aug-23   16:40 )
  Gensol Engineering gains after bagging contracts worth Rs 277 crore in Q1
 ( Hot Pursuit - 05-Jul-23   10:41 )
  Gensol Engineering bags orders worth Rs 501 cr
 ( Corporate News - 17-Feb-23   11:01 )
  Gensol Engg bags Rs 139-cr solar project
 ( Hot Pursuit - 03-Jan-24   14:49 )
  Gensol Engg gains on bagging solar projects
 ( Hot Pursuit - 01-Dec-22   15:12 )
  Gensol Engineering to conduct board meeting
 ( Corporate News - 01-Sep-21   10:04 )
  Gensol Engineering schedules AGM
 ( Corporate News - 18-Sep-21   16:09 )
Other Stories
  PEL board OKs ad hoc appointments post Rupen Patel's passing
  06-Jul-24   16:41
  Info Edge Q1 FY25 billings climb 11% YoY
  06-Jul-24   15:50
  IndusInd Bank advances climb 16% YoY in Q1 FY25
  06-Jul-24   15:18
  Adani Wilmar reports 13% volume growth in Q1 FY25
  06-Jul-24   14:44
  Tata Motors JLR wholesale rises 5% YoY in Q1
  06-Jul-24   13:01
  Marico's domestic biz sees modest volume growth in Q1
  06-Jul-24   12:25
  Titan revenue rises 9% YoY, adds 61 stores in Q1
  06-Jul-24   11:09
  Dabur India expects mid to high digit revenue growth in Q1
  06-Jul-24   10:40
  Dhanlaxmi Bank gains as gross advances rises 6% YoY in Q1 FY25
  05-Jul-24   15:27
  HDFC Bank Ltd leads losers in 'A' group
  05-Jul-24   15:00
Back Top