Indosolar Ltd Q2 FY27 Net Profit at 501.85 Lakhs
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 21 Oct 2026, 07:23 PM IST · BSE ID: cb46bf88-9a89-4892-8374-06d83cc02355
View Original BSE Filing (PDF)
💡
In Simple Terms
Indosolar Ltd reported its quarterly and half-yearly financial results, showing a significant drop in profit.
🤖 AI Summary
- Indosolar Ltd's Board approved unaudited financial results for the quarter and half year ended September 30, 2026.
- Net profit after tax for Q2 FY27 was 501.85 Lakhs, a decline from 4,633.76 Lakhs in Q2 FY26.
- Total income for Q2 FY27 was 15,716.68 Lakhs, compared to 20,255.90 Lakhs in Q2 FY26.
- Half-year (H1 FY27) net profit after tax reached 4,163.78 Lakhs, lower than 16,313.02 Lakhs in H1 FY26.
- The Board previously approved a draft Scheme of Amalgamation with Waaree Energies Limited on September 23, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Profit after tax (Q2 FY27)
501.85 Lakhs
Profit after tax (Q2 FY26)
4,633.76 Lakhs
Total income (Q2 FY27)
15,716.68 Lakhs
Total income (Q2 FY26)
20,255.90 Lakhs
Profit after tax (H1 FY27)
4,163.78 Lakhs
Profit after tax (H1 FY26)
16,313.02 Lakhs
Basic EPS (Q2 FY26)
11.14
Total Assets (Sep 30, 2026)
48,295.78 Lakhs
Total Equity (Sep 30, 2026)
32,860.89 Lakhs
🏢 How This Affects the Company
Revenue from operations saw a decrease in Q2 FY27 (15,277.09 Lakhs from goods, 281.54 Lakhs from services) compared to the prior year period (17,118.31 Lakhs from goods, 3,136.48 Lakhs from services), indicating reduced sales activity.
Profit after tax for Q2 FY27 decreased to 501.85 Lakhs from 4,633.76 Lakhs in Q2 FY26, impacting earnings. Total equity increased to 32,860.89 Lakhs as of September 30, 2026, from 28,700.78 Lakhs as of March 31, 2026.
The company identified "Manufacturing & Trading of Solar Photovoltaic Modules" as its only segment, indicating a focused operational scope. The approved amalgamation scheme with Waaree Energies Limited will result in Indosolar Ltd's dissolution.
The proposed amalgamation with Waaree Energies Limited introduces a fundamental change to Indosolar Ltd's corporate existence, leading to its eventual dissolution.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, particularly the decline in net profit and total income. The proposed amalgamation will impact the existence of Indosolar shares.
🔍
Management Signal
The Board's approval of the financial results and prior approval of the amalgamation scheme with Waaree Energies Limited signal a strategic move towards corporate restructuring and eventual dissolution.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Updates on the Scheme of Amalgamation with Waaree Energies Limited.
Details of the effective date of amalgamation and Indosolar Ltd's dissolution.
Future financial disclosures or regulatory filings related to the merger.
HIGH RISK
The company's announced amalgamation scheme will lead to its dissolution, representing a fundamental change to its existence.
💡 Investor Takeaway
Indosolar Ltd reported Q2 FY27 net profit after tax of 501.85 Lakhs, a notable decrease from 4,633.76 Lakhs in Q2 FY26. Total income for the quarter also fell to 15,716.68 Lakhs from 20,255.90 Lakhs, indicating reduced performance.
⚖️ Strengths & Concerns
✅ Positives
- Total Equity increased to 32,860.89 Lakhs as of September 30, 2026, from 28,700.78 Lakhs as of March 31, 2026.
- Cash and cash equivalents significantly increased to 8,115.51 Lakhs as of September 30, 2026, from 109.41 Lakhs as of March 31, 2026.
⚠️ Concerns
- Profit after tax for Q2 FY27 declined to 501.85 Lakhs from 4,633.76 Lakhs in Q2 FY26.
- Total income for Q2 FY27 decreased to 15,716.68 Lakhs from 20,255.90 Lakhs in Q2 FY26.
📅 Company Track Record
Indosolar Ltd's Q1 FY27 PAT fell 68.65% to ₹3,661.93 Lakhs, as per a July 23, 2026, filing. This Q2 FY27 result continues a trend of reduced profitability compared to prior year periods. The company previously announced a Board meeting for Q2 and H1 FY27 results on October 15, 2026.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Indosolar Ltd's net profit in Q2 FY27?
Indosolar Ltd reported a net profit after tax of 501.85 Lakhs for the quarter ended September 30, 2026.
How did Indosolar Ltd's total income compare in Q2 FY27?
Total income for Indosolar Ltd in Q2 FY27 was 15,716.68 Lakhs, compared to 20,255.90 Lakhs in Q2 FY26.
What was Indosolar Ltd's half-year net profit for H1 FY27?
Indosolar Ltd's net profit after tax for the half year ended September 30, 2026, was 4,163.78 Lakhs.
What is the status of Indosolar Ltd's amalgamation plan?
The Board approved a draft Scheme of Amalgamation with Waaree Energies Limited on September 23, 2026, which will result in Indosolar Ltd's dissolution upon becoming effective.
Questions based on this BSE filing only. For information purposes.