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Borosil Renewables Ltd Q1FY24; 53% fall in Profits

Borosil Renewables is engaged in manufacturing extra clear patterned glass and Low Iron Solar Glass for application in Photovoltaic panels, Flat plate collectors and Greenhouses. (Source: 202003-01 Annual Report Page No:188)

Financial Results:

Borosil Renewables Ltd reported Revenues for Q1FY24 of ₹238.00 Crores up from ₹170.00 Crore year on year, a rise of 40.0%.

Total Expenses for Q1FY24 of ₹226.00 Crores up from ₹133.00 Crores year on year, a rise of 69.92%.

Consolidated Net Profit of ₹14.00 Crores down 53.33% from ₹30.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.05, down 54.55% from ₹2.31 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Renewables
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