Borosil Renewables' Q3 FY 2025-26 Quarterly Results
- 29 Jan 2026
Result Summary
- Borosil Renewables Ltd reported a 4.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 5.8%.
- Its expenses for the quarter were up by 2.2% QoQ and down 28.4% YoY.
- The net profit increased 62.7% QoQ and decreased 433.2% YoY.
- The earnings per share (EPS) of Borosil Renewables Ltd stood at 7.15 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 398.36 | 380.69 | 376.55 | 4.6% | 5.8% |
Total Expenses | 292.59 | 286.16 | 408.55 | 2.2% | -28.4% |
Profit Before Tax | 122.43 | 86.78 | -32.00 | 41.1% | -482.6% |
Tax | 22.06 | 25.05 | -1.95 | -11.9% | -1231.3% |
Profit After Tax | 100.19 | 61.57 | -30.07 | 62.7% | -433.2% |
Earnings Per Share | 7.15 | 1.97 | -2.05 | 262.9% | -448.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Borosil Renewables Ltd is a leading player in the renewable energy sector, primarily focused on manufacturing solar glass, a critical component for solar energy generation. The company operates in an industry that is pivotal to advancing sustainable energy solutions globally. Solar glass is used in solar photovoltaic (PV) systems, and Borosil Renewables Ltd is recognized for its innovative and high-quality products. Recent major developments in the company include efforts to expand its production capacity and enhance its technological capabilities to cater to the growing demand in the renewable energy market. However, specific details regarding recent business initiatives or strategic partnerships are not available in the provided data.
Revenue
In the third quarter of the fiscal year 2026, Borosil Renewables Ltd reported a total income of ₹398.36 crores, marking a notable increase from the ₹380.69 crores recorded in the previous quarter (Q2FY26) and ₹376.55 crores in the same quarter of the previous year (Q3FY25). This reflects a quarter-over-quarter (QoQ) growth of 4.6% and a year-over-year (YoY) growth of 5.8%. The consistent growth in total income indicates a positive trajectory in the company's revenue generation, which can be attributed to increased demand for solar glass and possibly an expansion in market reach or production capacity.
Profitability
During Q3FY26, the company achieved a significant turnaround in profitability. The profit before tax (PBT) was ₹122.43 crores, showing a substantial QoQ increase of 41.1% from ₹86.78 crores in Q2FY26. Compared to a loss of ₹32.00 crores in Q3FY25, this represents a dramatic improvement. The profit after tax (PAT) soared to ₹100.19 crores from ₹61.57 crores in the previous quarter, highlighting a 62.7% QoQ increase. The YoY change is even more pronounced, given the negative PAT of ₹30.07 crores in Q3FY25. This shift in profitability is further evidenced by the earnings per share (EPS), which increased from ₹1.97 in Q2FY26 to ₹7.15 in Q3FY26, reflecting a remarkable QoQ growth of 262.9%.
Operating Metrics
Borosil Renewables Ltd's operating expenses were ₹292.59 crores for Q3FY26, slightly higher than the ₹286.16 crores reported in Q2FY26, representing a 2.2% QoQ increase. However, this figure is significantly lower than the ₹408.55 crores recorded in Q3FY25, indicating a YoY decrease of 28.4%. The reduction in total expenses YoY suggests potential enhancements in operational efficiency or cost management within the company. The effective tax rate also shows fluctuations, with a decrease from ₹25.05 crores in Q2FY26 to ₹22.06 crores in the current quarter, marking an 11.9% reduction in tax expenses QoQ. This financial quarter displays key trends in both revenue generation and cost control, crucial aspects of the company's operational metrics.