Indosolar Ltd's Earnings Surge: A Turnaround Story

Indosolar Ltd reported a remarkable turnaround with a net profit of Rs 10.23 crore in the December quarter, driven by a significant increase in total income. This contrasts sharply with the Rs 5.02 crore loss reported in the same quarter last year.

Indosolar Ltd marked a significant financial turnaround by posting a net profit of Rs 10.23 crore in the December quarter, reversing last year's loss of Rs 5.02 crore during the same period.

This positive outcome was largely credited to a major boost in total income, which soared to Rs 103.90 crore from a mere Rs 8.58 lakh a year prior.

The company's financial rejuvenation, detailed in a BSE filing, underscores the impact of increased revenue driving profitability.

(With inputs from agencies.)