Gensol Engineering Limited — Updates, 11-02-2025: Press Release

Gensol Engineering Limited reported robust consolidated financial results for the quarter and nine months of FY25, with total revenue rising 42% YoY to ₹1,056 Cr and an EBITDA increase of 89% to ₹246 Cr, reflecting strong operational performance in the renewable energy sector. The company’s profit after tax (PAT) grew by 34% YoY, reaching ₹67 Cr, while EBITDA margin saw a substantial improvement of 580 bps to 23.3%.

Key developments include securing major EPC contracts totaling ₹2,928 Cr for significant solar projects across Gujarat, underscoring Gensol's strong market positioning. The company also made strides in its electric mobility segment, unveiling new electric vehicles at the Bharat Mobility Global Expo 2025, receiving 30,000 pre-orders from fleet operators. Additionally, Gensol partnered with Refex Green Mobility for a strategic debt reduction initiative, enhancing operational efficiency. This upward trajectory suggests a positive outlook for investors, with continued growth in both renewable energy and electric mobility sectors.