Websol Energy Reports Strong Financial Performance in Q1 FY25

Websol Energy System, a smallcap company in the renewable energy industry, has recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Sell’ call by MarketsMOJO.

Despite this, Websol Energy has shown a positive financial performance in the quarter, with a score of 14 compared to -5 in the previous 3 months. This improvement can be attributed to several factors.

One of the key highlights of the financials is the significant growth in Profit Before Tax less Other Income (PBT) – Quarterly, which has increased by 353.3% to Rs 31.58 crore from an average of Rs -12.47 crore in the previous four quarters. This indicates a very positive trend in the near term for PBT.

Similarly, the Profit After Tax (PAT) – Quarterly has also shown a remarkable growth of 644.4% to Rs 22.88 crore from an average of Rs -4.20 crore in the previous four quarters. This is a strong indicator of the company’s increasing profitability.

Websol Energy’s Operating Profit (PBDIT) – Quarterly has also been the highest in the last five quarters at Rs 43.97 crore, showing a positive trend in the near term. Additionally, the company’s PBT – Quarterly has also been the highest in the last five quarters at Rs 31.58 crore, further reinforcing its positive trend.

Furthermore, the company’s Earnings per Share (EPS) – Quarterly has also been the highest in the last five quarters at Rs 5.42, indicating that Websol Energy has created higher earnings for its shareholders.

Overall, Websol Energy’s financial results for the quarter ending June 2024 have been positive, with strong growth in key areas. This showcases the company’s potential for future success in the renewable energy industry.