One of many micro-cap shares is engaged within the growth, financing, development, and operation of renewable vitality tasks, specializing in photo voltaic and wind vitality options throughout India. The inventory has hit a 2 % higher circuit after reporting a 57,200 % YOY improve in income.
Inventory Worth Motion
With a market capitalization of Rs. 68.22 crores, the shares of Onix Photo voltaic Power Restricted’s inventory surged by 2 %, reaching an higher circuit of Rs. 344.55 per share on Friday, up from its earlier closing worth of Rs. 337.80 per share.
Q3 FY25 Consequence Walkthrough
Coming into the quarterly outcomes of Onix Photo voltaic Power Restricted, the corporate’s consolidated income from operations elevated by 57,200 % YOY, from Rs. 0.01 crore in Q3 FY24 to Rs. 5.73 crore in Q3 FY25, and grew by 4,300 % QoQ from Rs. 0.13 crore in Q2 FY25.
Additional, the corporate’s EBIDT has transformed from damaging to constructive, from Rs. -0.16 crore in Q3 FY24 to Rs. 0.52 crore in Q3 FY25.
In Q3 FY25, Onix Photo voltaic Power Restricted’s consolidated web loss was web revenue in YOY, reaching Rs. 0.63 crore in comparison with Rs. -0.20 crore throughout the identical interval final 12 months. As in comparison with Q2 FY25, the web revenue has elevated by 320 %, from Rs.0.15 crore.
The essential earnings per share elevated by 321.33 % and stood at Rs 0.75 as towards Rs 3.16 recorded within the earlier quarter within the monetary 12 months 2025.
Current Developments
The corporate is actively concerned in upcoming photo voltaic tasks, together with vital initiatives in North Gujarat. The corporate emphasizes its dedication to innovation and sustainability, positioning itself as a pacesetter within the renewable vitality panorama.
Companies Providing
The corporate affords sustainable vitality options, together with IPP providers for clear energy supply, EPC experience to make sure well timed and cost-effective venture execution, and tailor-made venture growth centered on purchasers’ particular renewable vitality wants.
Written By – Nikhil Naik
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