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Borosil Renewables net profit grows to Rs 30 crore in July-September quarter

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Borosil Renewables

New Delhi: Borosil Renewables on Monday posted a 25 per cent rise in its consolidated net profit to Rs 30.47 crore during September 2023 quarter, pushed by higher income.

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It had clocked a net profit of Rs 24.19 crore during the July-September period of preceding 2022-23 fiscal, the company said in a BSE filing.

The company's total income surged to Rs 406.31 crore from Rs 171.37 crore in the year-ago quarter.

Its expenses were at Rs 409.74 crore, higher from Rs 138.55 crore in same period of last financial year.

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Borosil Renewables Ltd is the only solar glass manufacturer in India.

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