Borosil Renewables Ltd , engaged in manufacturing extra clear patterned glass and low iron solar glass for photovoltaic panels, flat plate collectors, and greenhouses, reported improved financial performance for Q2FY26.
Financial Highlights:
- Revenues increased 1.61% year-on-year to ₹379 crore from ₹373 crore.
- Total expenses decreased significantly by 26.1% to ₹286 crore from ₹387 crore.
- Consolidated net profit turned positive at ₹62 crore from a loss of ₹13 crore.
- Earnings per share improved to ₹1.98 from a loss of ₹0.75.
The profit turnaround was driven by strong cost control alongside stable revenues in a challenging market environment.
Outlook:
Borosil Renewables Ltd is focused on enhancing production efficiency, expanding solar glass market share, and capitalizing on renewable energy trends to sustain growth.
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