Board approves Sept 2026 results; proposes shifting registered office to Gujarat

Board met on 8 October 2026 and approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026.

Thu 8 Oct 2026

Standalone Revenue (Q2)

Rs. 3,187.60 lakh

Standalone Profit (Q2)

Rs. 191.54 lakh

Consolidated Revenue (Q2)

Rs. 3,242.09 lakh

Onix Solar Energy's board met on 8 October 2026 from 5:00 P.M. to 5:57 P.M. It approved the unaudited standalone and consolidated financial results (with limited review reports) for the quarter and half year ended 30 September 2026, and took up a proposal to move the company's registered office from Maharashtra to Gujarat.

Standalone results

• Revenue from operations for the quarter ended 30 September 2026 was Rs. 3,187.60 lakh, against Rs. 4,336.63 lakh in the quarter ended 30 September 2025.
• Total revenue was Rs. 3,187.60 lakh, against Rs. 4,347.58 lakh.
• Profit before tax was Rs. 248.54 lakh, against a loss before tax of Rs. 55.54 lakh.
• Profit for the period was Rs. 191.54 lakh, against a loss of Rs. 75.54 lakh.
• Basic and diluted earnings per share were 0.52, against (0.38) a year earlier.
• For the half year ended 30 September 2026: revenue from operations Rs. 12,561.16 lakh, profit for the period Rs. 2,274.67 lakh, basic EPS 6.17.

Consolidated results

• Revenue from operations for the quarter was Rs. 3,242.09 lakh, against Rs. 4,336.63 lakh a year earlier.
• Total revenue was Rs. 3,242.25 lakh, against Rs. 4,347.58 lakh.
• Profit before tax was Rs. 205.87 lakh, against a loss of Rs. 55.54 lakh.
• Profit for the period was Rs. 148.87 lakh, against a loss of Rs. 73.61 lakh.
• Basic and diluted EPS were 0.40, against (0.37).
• Half year figures: revenue from operations Rs. 12,693.12 lakh, profit for the period Rs. 2,238.89 lakh, basic EPS 6.07.

What sits inside the consolidated numbers

The consolidated results include Nexgenix Solar Manufacturing Private Limited, a subsidiary in which the company holds a 99% equity stake. Goodwill on consolidation is Rs. 45,971.88 lakh. On the standalone balance sheet, total assets were Rs. 88,810.16 lakh and total equity Rs. 85,712.59 lakh.

Registered office

• The board approved the proposed shifting of the registered office from the jurisdiction of the Registrar of Companies, Mumbai (Maharashtra) to the State of Gujarat (under the jurisdiction of the ROC, Gujarat), with a consequential amendment to Clause II of the Memorandum of Association.
• The change is subject to the approval of shareholders by way of a special resolution and of the Central and other relevant authorities, if any, and will be effective in accordance with the requirements and timelines under applicable law.

Other points in the statement

• The business is in a single segment, the Renewable Energy Sector Solar Module Products.
• No investor complaints were received during the quarter ended 30-Sep-2026, and none were pending as on 30.09.2026.

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