Solex Energy Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2019
May 27, 2019
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Solex Energy Limited announced earnings results for the fourth quarter ended March 31, 2019. For the fourth quarter, the company announced sales was INR 852.865 million compared to INR 930.498 million a year ago. Net income was INR 33.115 million compared to INR 28.492 million a year ago. Basic earnings per share was INR 6.7 compared to INR 5.77 a year ago. For the full year, sales was INR 1,490.591 million compared to INR 1,012.501 million a year ago. Net income was INR 49.725 million compared to INR 31.584 million a year ago. Basic earnings per share was INR 10.07 compared to INR 6.39 a year ago.
Solex Energy Limited is an India-based company, which is engaged in manufacturing of solar photovoltaic modules. The Company offers a diverse product range including Monofacial and Bi-facial modules across various power capacities. It is focused on manufacturing of solar photovoltaic modules along with providing turnkey solar solutions across different segments, such as solar power plants, solar water pumps, and utility scale ground mounted solar power plants. The Companyâs solutions include Solar Residential Rooftop, Solar Industrial Rooftop, Solar Power Plant, Solar Water Pump, Solar Charging Stations, and Solar Car Port. Its solar projects include SKY PGVCL Solar Farm (2019-20): Gujarat Ground Mount Project, JREDA Rooftop Solar (2017-18): Lighting Jharkhand - Project 1, JREDA Rooftop Solar (2017-18): Illuminating Jharkhand - Project 2, JREDA Home Light System (2019-20): Powering Homes in Jharkhand, Buddha Smriti Park, Bihar Rooftop Installation.
SOLEX ENERGY LIMITED 