Photo voltaic Industries India Ltd.’s consolidated web revenue surged 37% within the fourth quarter of fiscal 2025, in accordance with an trade submitting on Tuesday.
The corporate recorded a backside line of Rs 322.2 crore within the January–March interval as in comparison with Rs 235.1 crore in the identical quarter of the earlier monetary 12 months, it added.
Photo voltaic Industries This autumn Highlights (Consolidated, YoY)
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Income up 35% to Rs 2,166.6 crore versus Rs 1,610.7 crore.
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Ebitda up 53% to Rs 539.7 crore versus Rs 353.7 crore.
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Margin expands to 24.9% versus 22%.
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Web revenue up 37% to Rs 322.2 crore versus Rs 235.1 crore.
The board of Photo voltaic Industries beneficial a last dividend of Rs 10 per share at a face worth of Rs 2 every for the monetary 12 months 2024-25.
The proposed dividend is topic to the approval for the required stakeholders on the firm’s annual normal assembly. If accepted, then the dividend can be dispatched inside 30 days from the date of the AGM.
Shares of Photo voltaic Industries closed 1.57% decrease at Rs 13,489 apiece on the Nationwide Inventory Trade, in comparison with a 0.96% fall within the benchmark Nifty. The inventory has risen 42.78% within the final 12 months and 37.88% on a year-to-date foundation.
Out of six analysts monitoring the corporate, 5 have a ‘purchase’ ranking on the inventory and one suggests ‘maintain’, in accordance with Bloomberg information. The common of 12-month analysts’ worth goal implies a possible draw back of 5.3%.
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