Insolation Energy Ltd — Board Meeting, 26-05-2025: Board Meeting
Insolation Energy Limited has announced a board meeting outcome approving the audited consolidated and standalone financial results for the half year and year ended March 31, 2025. The company reported consolidated revenue of ₹1333.76 Cr with a net profit of ₹126.20 Cr, while standalone revenue stood at ₹112.77 Cr with a net profit of ₹5.02 Cr. It declared a final dividend of ₹0.10 per share, subject to shareholder approval. The board approved the appointment of Dr. Subir Bikas Mitra as an Independent Director, pending shareholder consent. The company made a preferential issue raising approx. ₹395.20 Cr and completed a 10:1 share subdivision. Audit reports issued an unmodified opinion on both standalone and consolidated financials. Internal financial controls were deemed adequate and effective. No material litigation or defaults were reported. Loans and investments to subsidiaries and related parties were made without specified repayment terms but are considered not prejudicial to the company’s interest.
