Solex Energy Limited (NSE:SOLEX)

Solex Energy Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	8,037	6,622	3,659	1,617	719.2	796.21
Other Revenue	0	-	-	-	-	-0
Revenue	8,037	6,622	3,659	1,617	719.2	796.21
Revenue Growth (YoY)	47.20%	80.97%	126.28%	124.85%	-9.67%	-42.32%
Cost of Revenue	5,906	5,158	2,988	1,329	606.88	612.02
Gross Profit	2,131	1,464	671.18	287.84	112.32	184.19
Selling, General & Admin	402.51	296.89	186.93	83.61	26.32	21.79
Other Operating Expenses	636.24	420.44	189.58	68.69	65.32	129.01
Operating Expenses	1,173	809.64	461.13	197.64	95.5	153.38
Operating Income	958.49	654.67	210.06	90.2	16.82	30.81
Interest Expense	-62.71	-	-	-46.54	-5.23	-7.66
Interest & Investment Income	9.79	9.79	3.9	3.1	2.61	1.43
Currency Exchange Gain (Loss)	10.37	10.37	6.5	1.35	0.37	0.2
Other Non Operating Income (Expenses)	-107.69	-107.69	-105.05	-9.59	-2.28	-2.16
EBT Excluding Unusual Items	808.25	567.13	115.42	38.52	12.3	22.62
Gain (Loss) on Sale of Assets	-	-	-	-	-0.02	-
Other Unusual Items	-	-	-	-	-	0.76
Pretax Income	808.25	567.13	115.42	38.52	12.28	23.57
Income Tax Expense	206.17	139.2	28.07	11.41	2.4	6.8
Earnings From Continuing Operations	602.09	427.94	87.35	27.11	9.88	16.76
Minority Interest in Earnings	-18.89	-7.66	-	-	-	-
Net Income	583.2	420.28	87.35	27.11	9.88	16.76
Net Income to Common	583.2	420.28	87.35	27.11	9.88	16.76
Net Income Growth	177.20%	381.15%	222.23%	174.39%	-41.06%	-62.34%
Shares Outstanding (Basic)	9	10	10	10	10	6
Shares Outstanding (Diluted)	9	10	10	10	10	6
Shares Change (YoY)	-14.59%	-4.08%	-0.01%	3.65%	56.09%	0.09%
EPS (Basic)	66.73	43.82	8.74	2.71	1.02	2.71
EPS (Diluted)	66.73	43.82	8.74	2.71	1.02	2.71
EPS Growth	224.54%	401.60%	222.28%	164.72%	-62.24%	-62.38%
Free Cash Flow	-1,713	-1,141	-60.81	-413.44	-202.84	13.63
Free Cash Flow Per Share	-195.98	-119.00	-6.08	-41.34	-21.02	2.21
Dividend Per Share	-	0.550	0.440	0.120	0.120	0.240
Dividend Growth	-	25.00%	266.67%	-	-50.00%	-40.00%
Gross Margin	26.52%	22.11%	18.34%	17.80%	15.62%	23.13%
Operating Margin	11.93%	9.89%	5.74%	5.58%	2.34%	3.87%
Profit Margin	7.26%	6.35%	2.39%	1.68%	1.37%	2.10%
Free Cash Flow Margin	-21.31%	-17.23%	-1.66%	-25.57%	-28.20%	1.71%
EBITDA	1,097	746.98	294.67	135.55	19.34	33.39
EBITDA Margin	13.65%	11.28%	8.05%	8.38%	2.69%	4.19%
D&A For EBITDA	138.65	92.31	84.62	45.35	2.52	2.58
EBIT	958.49	654.67	210.06	90.2	16.82	30.81
EBIT Margin	11.93%	9.89%	5.74%	5.58%	2.34%	3.87%
Effective Tax Rate	25.51%	24.54%	24.32%	29.62%	19.53%	28.87%
Revenue as Reported	8,073	6,658	3,680	1,644	722.94	799.02
Advertising Expenses	-	-	-	-	0.05	0.24

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.