Surana Solar Limited
Incorporated in 2006, Surana Solar Ltd is in the business of manufacturing Solar Photovoltic Modules, generation of Wind and Solar Power energy and trading of other solar related products
What Surana files
- Others42
- Board Meeting16
- Important12
- Updates6
- Results3
- Dividend/Bonus2
Surana Solar's Board approved a Whole-time Director. It also approved selling land in Raviryala Village. Strategically, the company plans to amend its object clause to pursue opportunities in AI Data Centres, cloud computing, and digital infrastructure, signaling a major business pivot.
Surana Solar's Q1 revenue surged to ₹17.15 Cr, with profit hitting ₹5.44 Cr. The board approved industrial land conversion for multi-use development and appointed a new CFO, signaling growth initiatives.
Surana Solar secured ALMM and BIS certifications for its solar PV modules (TOPCON 630 Wp, PERC 590 Wp). This enables eligibility for government power projects and PSU tenders, significantly broadening market access.
Surana Solar secured ₹10.05 Cr, including ₹1.34 Cr interest, following a favorable court order in its dispute with Paradip Port Trust. These funds have been credited to the company's bank account, strengthening its financial position.
Surana Solar reported a turnaround to profitability for FY 2024-25, with revenue at ₹38.80 Cr, up from ₹17.70 Cr, aided by exiting its windmill business. The company also launched 180 MW TopCon solar module production at its new Hyderabad facility. Its subsidiary, Surana Technologies, ceased to be controlled by the...