How has been the historical performance of Solex Energy?
Solex Energy has experienced significant growth over the past three years, with net sales increasing from 161.71 Cr in Mar'23 to 662.22 Cr in Mar'25, and profit after tax rising from 2.71 Cr to 42.79 Cr. Key financial metrics indicate a strong upward trend in both revenue and profitability.
Answer:The historical performance of Solex Energy shows significant growth over the past three years, particularly in net sales and profitability.Breakdown:
Solex Energy's net sales have increased dramatically from 161.71 Cr in Mar'23 to 662.22 Cr in Mar'25, reflecting a strong upward trend. Total operating income followed suit, rising from 161.71 Cr in Mar'23 to 662.22 Cr in Mar'25. The company's total expenditure, excluding depreciation, also rose significantly, from 150.39 Cr in Mar'23 to 589.11 Cr in Mar'25, driven by higher raw material costs and employee expenses. Operating profit, excluding other income, improved from 11.32 Cr in Mar'23 to 73.11 Cr in Mar'25, while profit before tax surged from 3.85 Cr to 56.71 Cr in the same period. Consequently, profit after tax increased from 2.71 Cr in Mar'23 to 42.79 Cr in Mar'25, indicating a robust growth in profitability. The earnings per share (EPS) also saw a remarkable rise from 2.71 in Mar'23 to 38.92 in Mar'25. On the balance sheet, shareholder's funds grew from 46.24 Cr in Mar'24 to 160.63 Cr in Mar'25, and total liabilities increased from 211.96 Cr to 480.25 Cr, primarily due to rising borrowings. Overall, Solex Energy's financial metrics illustrate a strong growth trajectory in both revenue and profitability over the past three years.
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