Borosil Renewables Ltd

Borosil Renewables has allotted 5,83,905 equity shares on conversion of warrants on 09 June 2025. With this allotment, the paid up equity share capital has increased to Rs. 13,30,50,653 divided into 13,30,50,653 equity shares of face value of Re. 1 /- each. Powered by Capital Market - Live

Net sales during the period under review increased by 31.9% year-over-year (YoY) to Rs 373.54 crore. Operating expenditure rose by 16% to Rs 358.16 crore in the fourth quarter as compared with the same period last year. Interest payments for Q4 FY25 added up to Rs 9.54 crore, which is nearly 3 times the outgo of Rs 3.16 crore registered in Q4 FY24. Depreciation charges amounted to Rs 36.24 crore (up 7.9% YoY). Accordingly, the company posted a pre-tax loss of Rs 18.50 in Q4 FY25 as against a pre-tax loss of Rs 57.17 crore in Q4 FY24. The Mumbai-based solar glass manufacturer has registered a consolidated net loss of Rs 69.57 crore in FY25 as against a net loss of Rs 46.90 crore in FY24. Revenue for FY25 rose by 7.7% YoY to Rs 1,479.33 crore. Borosil Renewables is engaged in the business of manufacturing of extra clear patterned glass and low iron solar glass for application in photovoltaic panels, flat plate collectors and green houses. Powered by Capital Market - Live

Net Loss of Borosil Renewables reported to Rs 20.10 crore in the quarter ended March 2025 as against net loss of Rs 48.07 crore during the previous quarter ended March 2024. Sales rose 31.94% to Rs 373.54 crore in the quarter ended March 2025 as against Rs 283.11 crore during the previous quarter ended March 2024. For the full year,net loss reported to Rs 69.57 crore in the year ended March 2025 as against net loss of Rs 46.90 crore during the previous year ended March 2024. Sales rose 7.69% to Rs 1479.33 crore in the year ended March 2025 as against Rs 1373.69 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales373.54283.11 32 1479.331373.69 8 OPM %4.12-9.02 -3.884.23 - PBDT17.74-23.64 LP 61.0446.55 31 PBT-18.50-57.23 68 -74.38-85.17 13 NP-20.10-48.07 58 -69.57-46.90 -48 Powered by Capital Market - Live

Borosil Renewables will hold a meeting of the Board of Directors of the Company on 10 May 2025.Powered by Capital Market - Live

Borosil Renewables will hold a meeting of the Board of Directors of the Company on 10 May 2025.Powered by Capital Market - Live

However, revenue from operations jumped 9.41% to Rs 361.49 crore in the quarter ended 31 December 2024. The company reported a pre-tax loss of Rs 32.02 crore in Q3 FY25, compared to a pre-tax loss of Rs 18.18 crore reported in Q3 FY24. Total expenses jumped 16.08% year on year to Rs 408.56 crore in the quarter ended 31 December 2024. Power and fuel expenses stood at Rs 120.58 crore (up 21.08% YoY), employee benefit expenses stood at Rs 53.56 crore (down 1.32% YoY) and finance cost stood at Rs 5.08 crore (down 31.72% YoY) during the period under review. The company reported a 79.2% growth in EBITDA to Rs 5 crore in Q3 FY25, down from Rs 24.08 crore recorded in Q3 FY24. The EBITDA margin reduced to 1.4% compared to 7.3% posted in the previous corresponding quarter. On nine-month basis, the company reported consolidated net loss of Rs 49.47 crore in 9M FY25, compared to a net profit of Rs 1.18 crore in 9M FY24. Revenue from operations rose 1.40% YoY to Rs 1,105.79 crore in 9M FY25. Borosil Renewables is engaged in the business of manufacturing of extra clear patterned glass and low iron solar glass for application in photovoltaic panels, flat plate collectors and green houses. Powered by Capital Market - Live

Net Loss of Borosil Renewables reported to Rs 26.75 crore in the quarter ended December 2024 as against net loss of Rs 15.56 crore during the previous quarter ended December 2023. Sales rose 9.54% to Rs 361.49 crore in the quarter ended December 2024 as against Rs 330.01 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales361.49330.01 10 OPM %-2.796.10 - PBDT-0.1016.52 PL PBT-32.02-18.22 -76 NP-26.75-15.56 -72 Powered by Capital Market - Live

Borosil Renewables has allotted 78,80,436 warrants to the persons belonging to Non-Promoter category and 18,86,793 equity shares to Promoter / Promoter Group, on a preferential basis. Pursuant to the aforesaid allotment of equity shares, the issued and paid-up equity share capital of the Company stands increased to Rs. 13,24,66,748 divided into 13,24,66,748 equity shares of face value of Re. 1 /- each. Powered by Capital Market - Live

Borosil Renewables has approved the allotment of 78,80,436 warrants to the persons belonging to Non-Promoter category and 18,86,793 equity shares to Promoter / Promoter Group, on a preferential basis on 14 February 2025. Pursuant to the aforesaid allotment of equity shares, the issued and paid-up equity share capital of the Company stands increased to Rs. 13,24,66,748 divided into 13,24,66,748 equity shares of Re 1 each. Powered by Capital Market - Live

Borosil Renewables will hold a meeting of the Board of Directors of the Company on 14 February 2025.Powered by Capital Market - Live