The Board of Directors of Zodiac Energy Limited, in their meeting held on May 25, 2026, has approved the audited financial results for the quarter and year ended March 31, 2026. During the quarter ended March 31, 2026, the company reported a total revenue from operations of Rs. 211.12 Crores, compared to Rs. 137.56 Crores in the previous quarter (ended December 31, 2025) and Rs. 171.34 Crores in the corresponding quarter of the previous year (ended March 31, 2025). The company’s profit before tax for the quarter ended March 31, 2026, stood at Rs. 15.05 Crores. A comparative analysis of these financial results is presented in the table below:
| Particulars | Quarter Ended 31.03.2026 | QoQ Change (%) | YoY Change (%) |
|---|---|---|---|
| Revenue from Operations (Rs. Cr) | 211.12 | 53.48% | 23.22% |
| Profit Before Tax (Rs. Cr) | 15.05 | 103.10% | 6.47% |
Zodiac Energy Limited is an Ahmedabad-based energy solutions provider incorporated in 1992, specializing in the installation of solar power generation plants. The company offers end-to-end turnkey solutions, including design, supply, installation, testing, and commissioning (EPC) for residential, commercial, industrial rooftops, and ground-mounted captive projects.
Throughout 2025 and early 2026, the company achieved several business milestones. In 2025, Zodiac Energy successfully commissioned multiple solar power plants in Gujarat. Recent updates in 2026 include the acquisition of a majority stake in Shamli Solar Projects LLP, an agreement with Amanta Healthcare for a 10.8 MWp solar project, and receiving a Letter of Intent (LoI) for a turnkey solar power project in Zambia valued at US $3.28 million. Furthermore, on May 25, 2026, the company announced the appointment of M/s. Manubhai & Shah LLP as its internal auditor for the financial year 2026-27.
In the financial year ended March 31, 2026, Zodiac Energy reported a net profit of Rs. 21.07 Crores, marking a growth of approximately 5.5% compared to the previous year. The promoter group, led by Kunjbihari Jugalkishor Shah, maintains a significant majority holding in the company, with promoters holding approximately 69.97% of the total shares as of the March 2026 quarter.
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