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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Solex Energy Ltd

Solex Energy Q2 FY27 Consolidated Net Profit Declines 31.88% to 38.93 Rs Million

RESULTS ▼ Concern Flagged MEDIUM RISK
📅 Filed on BSE: 13 Nov 2026, 01:50 PM IST  ·  BSE ID: 052ac5fb-6df3-4813-b507-20a9b0ae1cdc
View Original BSE Filing (PDF)
💡
In Simple Terms
Solex Energy saw its Q2 FY27 profit fall 31.88% despite a 75.84% increase in sales.
🤖 AI Summary
  • Solex Energy's consolidated net profit for Q2 FY27 decreased 31.88% year-over-year to 38.93 Rs Million.
  • Consolidated revenue from operations for Q2 FY27 increased 75.84% to 2,725.82 Rs Million.
  • Half-year ended September 30, 2026, consolidated net profit was 121.48 Rs Million, up from 74.92 Rs Million.
  • Total consolidated assets stood at 10,846.16 Rs Million as of September 30, 2026.
  • Solex BESS Private Limited, a wholly-owned subsidiary, was incorporated on June 22, 2026.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Revenue from operations (Q2 FY27)
2,725.82 Rs Million
Net Profit (Q2 FY27)
38.93 Rs Million
-31.88
Revenue from operations (Half Year FY27)
5,334.05 Rs Million
28.67
Net Profit (Half Year FY27)
121.48 Rs Million
62.14
Total Assets (as of Sep 30, 2026)
10,846.16 Rs Million
🏢 How This Affects the Company
📈
Business Impact
The substantial increase in revenue from operations indicates expanded business activity in manufacturing modules and EPC in the solar energy market.
💰
Financial Impact
Despite strong revenue growth, the decline in net profit suggests pressure on profit margins, impacting overall earnings for the quarter.
⚙️
Operational Impact
The incorporation of Solex BESS Private Limited indicates an expansion into Battery Energy Storage Systems, diversifying operational scope.
⚠️
Risk Impact
The drop in net profit relative to revenue growth flags a potential risk to profitability sustainability if cost management is not addressed.
👥 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 quarterly net profit despite revenue growth.
🔍
Management Signal
Management is focused on revenue expansion, but profitability challenges are evident, signaling a need for enhanced cost efficiency or pricing strategies.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Q3 FY27 financial results — assess if net profit trends recover alongside revenue growth.
Updates on Solex BESS Private Limited operations and contribution to revenue.
Review of segmental performance, especially within solar EPC and manufacturing.
MEDIUM RISK Despite significant revenue growth, the decline in quarterly net profit indicates potential margin pressures.
💡 Investor Takeaway
Solex Energy reported Q2 FY27 consolidated net profit of 38.93 Rs Million, a 31.88% decrease from 57.14 Rs Million in Q2 FY26. Consolidated revenue from operations for the quarter increased 75.84% to 2,725.82 Rs Million.
⚖️ Strengths & Concerns

✅ Positives

  • Consolidated revenue from operations for Q2 FY27 increased significantly by 75.84% to 2,725.82 Rs Million.
  • Half-year consolidated profit for FY27 grew to 121.48 Rs Million from 74.92 Rs Million in the prior half-year.

⚠️ Concerns

  • Consolidated net profit for Q2 FY27 decreased by 31.88% year-over-year to 38.93 Rs Million.
  • Consolidated total expenses for Q2 FY27 increased to 2,697.57 Rs Million from 1,467.50 Rs Million in Q2 FY26.
📅 Company Track Record
Solex Energy's Q2 FY27 consolidated net profit fell 31.88% to 38.93 Rs Million, despite revenue growing 75.84%. Previous filings also showed similar trends of robust revenue growth but fluctuating profitability.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What was Solex Energy's consolidated net profit for Q2 FY27?
Solex Energy Limited reported a consolidated net profit of 38.93 Rs Million for the quarter ended September 30, 2026 (Q2 FY27).
What was Solex Energy's consolidated revenue from operations in Q2 FY27?
Consolidated revenue from operations for Solex Energy in Q2 FY27 was 2,725.82 Rs Million, an increase of 75.84% year-over-year.
What was Solex Energy's consolidated net profit for the half year ended September 30, 2026?
The consolidated net profit for the half year ended September 30, 2026, was 121.48 Rs Million, up from 74.92 Rs Million in the corresponding prior period.
What is Solex Energy's total consolidated assets as of September 30, 2026?
Solex Energy's total consolidated assets stood at 10,846.16 Rs Million as of September 30, 2026.
Has Solex Energy incorporated any new subsidiaries recently?
Yes, Solex BESS Private Limited, a wholly-owned subsidiary, was incorporated on June 22, 2026, to focus on Battery Energy Storage Systems (BESS).

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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