Solex Energy Limited Reports Earnings Results for the Full Year Ended March 31, 2020
July 31, 2020 at 01:55 pm IST
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Solex Energy Limited announced earnings results for the full year ended March 31, 2020. For the full year, the company announced total revenue was INR 1,384.164 million compared to INR 1,493.378 million a year ago. Net income was INR 44.511 million compared to INR 49.725 million a year ago. Basic earnings per share was INR 9.01 compared to INR 10.07 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.