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News Details

01/12/2025 10:00

Onix Solar Energy posts Q2 net loss of Rs 0.76 cr

The company reported standalone net loss during the quarter stood at Rs 0.76 crore compared to net profit of Rs 0.15 crore in the previous year quarter.ÿ

Net revenue of the company rose three fold by 33261.54 per cent at Rs 43.37 crore in July-September quarter of this fiscal as against Rs 0.13 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 54862.50 per cent to Rs 43.97 crore from Rs 0.08 crore in year ago period.

Other Income grew by 10.00 per cent at Rs 0.11 crore versus (Sep'24 Rs 0.10 crore).

Operating Profit slipped by 1300.00 per cent to Rs -0.60 crore as against Rs 0.05 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 103.77 per cent in September quarter.

Interest grew by 0.00 per cent y-o-y to Rs 0.07 crore, while Taxation increased by 0.00 per cent at Rs 0.20 crore (Sep'24 Rs 0.00 crore).