Gensol Engineering Q1FY24 Results: Consolidated PAT of Rs. 10.24 Cr

Gensol Engineering secures Rs 302 Cr deal with Mahagenco

Gensol Engineering Q1 results show revenue fell from 166.55 crores to 151.72 crores, a -8.90% decrease in growth. EPS rise from ₹6.37 to ₹8.21, up by 28.89%%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Gensol Engineering shared its Q1 results on Monday. They earned 151.72 crores in revenue this quarter, but that’s less than the 166.55 crores they made last quarter. Unfortunately, the company’s growth decreased by -8.90 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 10.24 crores, up from 7.31 crores in the previous quarter. Their quarter-to-quarter growth increased by 40.08 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹8.21, which is an increase of 28.89%% from the ₹6.37 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 151.72 crores this year (2023), which is 47.49 percent higher than last year’s total revenue of 102.87 crores.

This year’s PAT (Profit After Tax) is 10.24 crores, which is also 2.71% higher than last year’s PAT of 9.97 crores.

The EPS (Earnings Per Share) for this year is ₹8.21, which is -7.96% less than the EPS of ₹8.92 earned last year.

Also Read: Bajaj Healthcare Q1FY24 Results: Consolidated Loss of Rs. 48.21 Cr

Gensol Engineering Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Gensol Engineering:

Gensol Engineering Limited offers services in the development of renewable energy projects. The company specializes in the construction of solar plants and caters to clients within India.

Download the Full PDF of Gensol Engineering Q1 Results: Click Here

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