Indosolar sees profit surge, operational improvements

Indosolar Limited reported its unaudited financial results for the quarter and half-year ended September 30, 2025, demonstrating substantial growth. Profit after tax for the half-year surged to INR 16,313.02 Lakhs, a significant increase from INR 450.26 Lakhs in the previous year. Revenue from operations for the half-year reached INR 39,722.36 Lakhs. The company also disclosed that its commercial operations at the Greater Noida factory commenced on July 11, 2024, impacting comparability with previous periods.

The company's balance sheet as of September 30, 2025, shows total assets of INR 33,551.01 Lakhs, up from INR 24,076.25 Lakhs as of March 31, 2025. This includes current assets of INR 18,190.95 Lakhs and non-current assets of INR 15,360.06 Lakhs. A notable adjustment for the period includes the recognition of deferred tax assets (net) amounting to INR 4,683.59 Lakhs during the quarter ended June 30, 2025, based on projected future taxable profits.