Borosil Renewables' Q1 FY 2025-26 Quarterly Results

Result Summary

• Borosil Renewables Ltd reported a 22.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 5.7%.
• Its expenses for the quarter were down by 8.1% QoQ and 18.6% YoY.
• The net profit increased 281.6% QoQ and increased 1329.0% YoY.
• The earnings per share (EPS) of Borosil Renewables Ltd declined at 12.56 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Borosil Renewables Ltd is a leading company in the renewable energy sector, primarily focusing on the manufacturing of solar glass. Solar glass is a crucial component in the production of solar panels, which convert sunlight into electricity. The company operates within the renewable energy industry, which has been experiencing growth due to increasing global awareness of climate change and the shift towards sustainable energy sources. While specific recent developments for Borosil Renewables Ltd are not detailed in the provided data, the industry as a whole has been witnessing various technological advancements and government incentives aimed at boosting renewable energy adoption.

Revenue

In Q1FY26, Borosil Renewables Ltd reported a total income of ₹352.86 crores, marking a growth of 22.6% compared to the previous quarter (Q4FY25) where the total income was ₹287.84 crores. However, on a year-over-year basis, the total income saw a decline of 5.7% from ₹374.32 crores in Q1FY25. These figures reflect the company's revenue generation capability over the specified periods, indicating fluctuations in income when assessed against both the preceding quarter and the same quarter in the previous year.

Profitability

The financial data indicates that Borosil Renewables Ltd experienced a significant shift in profitability metrics over the analyzed periods. In Q1FY26, the company recorded a Profit Before Tax (PBT) of -₹186.73 crores, a substantial increase in negative profitability compared to -₹57.51 crores in Q4FY25 and -₹15.32 crores in Q1FY25. The Profit After Tax (PAT) also followed this trend, with a loss of -₹203.49 crores in Q1FY26, compared to losses of -₹53.32 crores in Q4FY25 and -₹14.24 crores in Q1FY25. These figures represent a quarter-over-quarter change of 281.6% and a year-over-year change of 1329.0% in PAT. Additionally, the Earnings Per Share (EPS) was reported at -₹12.56 for Q1FY26, showing a significant increase from -₹3.68 in Q4FY25 and -₹0.99 in Q1FY25.

Operating Metrics

The operational expenses of Borosil Renewables Ltd decreased by 8.1% from ₹345.39 crores in Q4FY25 to ₹317.28 crores in Q1FY26. When compared to the same quarter in the previous year (Q1FY25), which had total expenses of ₹389.65 crores, there is a notable year-over-year decrease of 18.6%. The tax reported for Q1FY26 was ₹16.91 crores, contrasting with tax credits in Q4FY25 and Q1FY25 of -₹3.85 crores and -₹1.33 crores, respectively. These changes in tax figures highlight a shift in the company's tax liabilities over the analyzed periods. The financial ratios such as P/E ratio, debt-to-equity ratio, and current ratio are not provided in the data, and thus cannot be calculated or analyzed in this report.