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Incorporated in August 1993, Alpex Solar Limited is a manufacturer of Solar panels using monocrystalline and polycrystalline cell technologies.
Alpex Solar clarified an error in its consolidated cash flow statement. Comparative figures were mislabeled as March 2024 instead of March 2025. Additionally, "Unaudited" labels for the year-end results should be "Audited." This correction does not change the actual financial figures previously disclosed.
The Exchange had sought clarification from Alpex Solar Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: The response of the Company is enclosed.
The company clarified its Ind AS transition, stating its opening balance sheet (April 1, 2023) consolidated a former subsidiary's figures using previous GAAP due to unavailable Ind AS data. This impacts initial Ind AS comparability.
Alpex Solar Ltd. reports strong Q1 FY26 consolidated financial results. **1) Revenue Performance:** Total revenue from operations surged to ₹380.32 Cr, marking an impressive ~396% Year-on-Year growth from ₹76.73 Cr in Q1 FY25. This significant jump reflects robust demand and operational scaling in solar PV modules, EPC, and pumps. **2)...
Alpex Solar Limited has announced a board meeting to consider the financial results for the quarter and half-year. **Revenue Performance:** Consolidated revenue rose to ₹780.15 Cr, up from ₹692.70 Cr YoY, driven by solar module manufacturing and solar pump assembly. **Profitability and EPS:** Net profit stood at ₹15.22 Cr with...