Insolation Energy Ltd — Dividend/Bonus, 26-05-2025: Corp. Action
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 from operations of Rs. 1333.76 Cr and a net profit of Rs. 126.20 Cr for the year. Standalone revenue stood at Rs. 112.77 Cr with a net profit of Rs. 5.02 Cr. The Board approved a final dividend of Rs. 0.10 per share, subject to shareholder approval. It also approved the appointment of Dr. Subir Bikas Mitra as an Independent Director, subject to shareholder consent. The audit was completed with an unmodified opinion confirming strong internal controls and compliance. The company’s balance sheet shows significant growth in reserves and assets, supported by new equity infusion via preferential allotment and continued expansion in solar panel manufacturing and power plant services. Incoming loans and advances are largely to wholly owned subsidiaries, and corporate guarantees have been provided to support their credit facilities. No material litigation or defaults were reported, and statutory dues are being regularly met. Cash flow indicates substantial investments in property, plant, and equipment aligned with business expansion.
