Indosolar Limited has announced its audited financial results for the quarter and year ended March 31, 2026. For the quarter ended March 31, 2026, the company reported a revenue from operations of ₹83.10 Crores, which is a decrease of 58.35% from ₹199.53 Crores in the previous quarter (QoQ) and a decrease of 56.72% from ₹192.00 Crores in the corresponding quarter of the previous year (YoY). Despite the revenue decline, the profit after tax for the current quarter stood at ₹42.00 Crores, representing a slight increase of 1.28% from ₹41.47 Crores in the previous quarter and an increase of 4.89% from ₹40.04 Crores in the same quarter last year. On an annual basis, the company showed significant growth with a total profit after tax of ₹246.60 Crores for the year ended March 31, 2026, compared to ₹54.78 Crores in the previous year.

Indosolar Limited is a prominent manufacturer of solar cells and is a part of the Waaree Group, one of India’s leading solar energy players. The company focuses on the production of high-quality solar photovoltaic (PV) cells using advanced technology. Along with its financial results, the company recently approved the appointment of Mr. Nilesh Bhogilal Gandhi as an Independent Director and Mr. Abhishek Pareek as the Chief Financial Officer to strengthen its leadership team. As a Waaree group company, it benefits from a robust operational framework and extensive experience in the renewable energy sector.