Q1 Results: Electrical equipment stock hits 5% upper circuit after reporting 192% increase in net profitsQ1 Results: Electrical equipment stock hits 5% upper circuit after reporting 192% increase in net profits

Introduction:

Leading electrical equipment manufacturer reported a strong turnaround in Q1 FY26, posting ₹116.79 crore net profit, up 191.6% quarter on quarter and reversing a ₹4.98 crore loss last year.

Also Read: Infra stock hits upper circuit after company to consider stock split and bonus shares

Share price movement of Indosolar:

On July 21, 2025, Indosolar Ltd opened at ₹268.70, up 4.98% from its previous close of ₹255.95. The stock reached a high and low of ₹268.70. By 11:00 AM, it traded at ₹268.70, marking a 4.98% gain, with a market cap of ₹1,117.89 crore.

Indosolar Ltd Reports Strong Q1 FY26 Net Profit Growth:

Indosolar Ltd reported a net profit of ₹116.79 crore for Q1 FY26, a 191.6% increase quarter-on-quarter (QoQ) from ₹40.04 crore in Q4 FY25. Compared to a net loss of ₹4.98 crore in Q1 FY25, the company posted a significant turnaround year-on-year (YoY).

Revenue from operations stood at ₹194.67 crore in Q1 FY26, slightly down 0.69% QoQ from ₹196.00 crore in Q4 FY25. There was no reported revenue in Q1 FY25, marking a notable improvement in operational performance over the year.

Total income for the quarter reached ₹195.99 crore, up 1.77% from ₹192.58 crore in the previous quarter. The company had no total income reported in the same quarter last year, reflecting a substantial YoY improvement.

Recent news on Indosolar:

As of June 04, 2025, clean energy player Waaree Energies Ltd will sell 4,76,495 shares or 1.15% stake in Indosolar Ltd via OFS to meet public shareholding norms.

Stock performance of Indosolar for Period of 1 week, and 1 month:

Indosolar Ltd delivered a 0.00% return over the past week and gained 40.7% in the past month. The stock’s performance reflects strong short-term momentum.

Also Read: 3 Stocks in which President of India reduced stake in Q1 FY26

Shareholding pattern of Indosolar:

Particulars	Mar 2025	Dec 2024	Sep 2024
Promoter	96%	96%	96%
FII	0.00%	0.00%	0.00%
DII	0.00%	0.00%	0.00%
Public	3.90%	3.90%	3.90%

About Indosolar:

Indosolar Ltd (NSE: WAAREEINDO), incorporated in 2005, manufactures solar photovoltaic cells. Its Greater Noida facility has been non-operational since May 2018, with plans underway to establish a module manufacturing line at the same location.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.