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Surana Solar Ltd Q1FY24; 87% fall in Profits

Surana Solar Limited is a part of the Surana Group, Hyderabad. It is engaged in the business of manufacturing Solar Photovoltaic Modules, generation of Wind & Solar Power energy and trading of other solar related products. It is also into EPC of Power Projects on turnkey basis on MW scale.

Financial Results:

Surana Solar Ltd reported Revenues for Q1FY24 of ₹6.60 Crores down from ₹9.30 Crore year on year, a fall of 29.03%.

Total Expenses for Q1FY24 of ₹6.89 Crores down from ₹10.47 Crores year on year, a fall of 34.19%.

Consolidated Net Profit of ₹0.24 Crores down 87.43% from ₹1.91 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.05, down 87.18% from ₹0.39 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.

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