Zodiac Energy posts strong profit and revenue growth in 2024-25
Zodiac Energy Limited reported a significant financial year 2024-25, with total revenue from operations reaching INR 40,777.72 Lakhs, an 85.30% increase from the previous year. Total income for the year stood at INR 40,966.79 Lakhs. The company's net profit after tax (PAT) grew by approximately 82% to INR 1,996.98 Lakhs, with an earnings per share (EPS) of INR 13.38. The board has recommended a final dividend of INR 0.75 per equity share.
In a strategic move, Zodiac Energy successfully raised INR 29,99,79,450 through a qualified institutional placement (QIP) by issuing 4,35,700 equity shares. The funds were primarily allocated to setting up solar power generation plants under the PM Kusum Scheme. The company also expanded its authorized capital from INR 15,00,00,000 to INR 20,00,00,000, and allotted 27,000 equity shares under its employee stock option plan (ESOP).
The company's robust growth in the solar energy sector, coupled with strong government policies and increasing demand for clean energy, underpins a positive business outlook. Zodiac Energy remains committed to sustainable solutions and is actively exploring new opportunities in energy storage and hybrid systems.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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