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Solex Energy Ltd consolidated sales down 70.55% on year in Q2FY2026, net profit tumbled by 85.97%
14-Aug-2026, 07:35
Solex Energy Ltd share price remained flat to Rs 884.9 after the company's net profit tanked by 85.97% to Rs 8.26 crore, while revenue from operations dropped sharply 70.55% to Rs 260.82 crore in Q2FY26 over Q1FY26. The market capitalization of Other Electrical Equipment industry group stocks on BSE stood at Rs 3.19 lakh crore, slipping 6.62%. It has inched up 0.70% over last one week and advanced by 11.80% in last one month while the market capitalization of Solex Energy Ltd has remained flat Profit before tax (PBT) of Solex Energy Ltd stood at Rs 11.12 crore in Q2 FY26, plunging by 66.32% year-on-year, and crashing by 85.78% quarter-on-quarter. EBITDA came in at Rs 24 crore, tanking 39.29% YoY and nosediving by 75.35% sequentially. Total expenses slumped by 69.65% to Rs 242.03 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 293.15 crore, registering a fall of 56.01% YoY, while employee benefits expense was at Rs 15.06 crore, ticking higher by 4.51% YoY. For the TTM ended FY26, revenue from operations witnessed a strong growth of 80.97% to Rs 662.22 crore, while net profit surged by 383.73% to Rs 42.23 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 2731% to Rs 74.46 crore, and PBT soared 387.18% to Rs 56.22 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 40.46 crore in FY26, as against Rs 1.71 crore in FY25.
Solex Energy Ltd share price remained flat to Rs 884.9 after the company's net profit tanked by 85.97% to Rs 8.26 crore, while revenue from operations dropped sharply 70.55% to Rs 260.82 crore in Q2FY26 over Q1FY26. The market capitalization of Other Electrical Equipment industry group stocks on BSE stood at Rs 3.19 lakh crore, slipping 6.62%. It has inched up 0.70% over last one week and advanced by 11.80% in last one month while the market capitalization of Solex Energy Ltd has remained flat Profit before tax (PBT) of Solex Energy Ltd stood at Rs 11.12 crore in Q2 FY26, plunging by 66.32% year-on-year, and crashing by 85.78% quarter-on-quarter. EBITDA came in at Rs 24 crore, tanking 39.29% YoY and nosediving by 75.35% sequentially. Total expenses slumped by 69.65% to Rs 242.03 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 293.15 crore, registering a fall of 56.01% YoY, while employee benefits expense was at Rs 15.06 crore, ticking higher by 4.51% YoY. For the TTM ended FY26, revenue from operations witnessed a strong growth of 80.97% to Rs 662.22 crore, while net profit surged by 383.73% to Rs 42.23 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 2731% to Rs 74.46 crore, and PBT soared 387.18% to Rs 56.22 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 40.46 crore in FY26, as against Rs 1.71 crore in FY25.