Indosolar posts Rs 9.48 crore net profit in Q2 FY25, driven by higher income. The company also appointed Amit Ashok Paithanar as CEO.
New Delhi, Nov 11 (PTI) Indosolar on Monday reported a net profit of Rs 9.48 crore in the September 2024 quarter, on account of higher income.
It posted a loss of Rs 3.20 crore in the year-ago period, the company said in an exchange filing.
Total income surged to Rs 28.15 crore against Rs 3 lakh a year ago.
The company has also appointed Amit Ashok Paithanar as the Chief Executive Officer and designated him as its key managerial personnel with immediate effect.
A Waaree Group company, Indosolar is into manufacturing of solar cells.
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