Revenue and Operating Performance Trends
Onix Solar's net sales have demonstrated significant volatility over the past six years. From modest sales figures in the range of ₹0.4 to ₹1.5 crores between 2019 and 2022, the company recorded a dramatic increase to nearly ₹29.4 crores in the fiscal year ending March 2025. This leap marks a substantial expansion in business scale and market presence.
Operating income closely mirrors this trend, with total operating income rising sharply in the latest year after several years of minimal activity. The cost structure reveals that purchase of finished goods constitutes the largest expense, particularly in the recent year, indicating a possible shift towards trading or distribution activities rather than manufacturing, as raw mater...
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