The company Gensol Engineering was booked in a 5 per cent upper circuit at 829.35 after they crossed the revenue milestone of Rs 100 crore in Q1 FY23. Meanwhile, total revenue from operation had reported at Rs 155.85 crore in FY22.
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Gensol Engineering provides technical due diligence, detailed engineering, quality control, construction supervision, and other consulting services for solar projects across many countries, including India. Across many countries consulting services for solar projects are also involved.
The company’s consolidated net profit surged to Rs 8.78 crore in the quarter ended March 2022. Also, sales jumped 183.86 per cent every year to Rs 126.80 crore in Q4 FY22. The share has zoomed 1317.69 per cent while the benchmark Sensex rose 6.4 per cent in the last year.
