Shares of Gensol Engineering were trading in the green and 2% higher on 10 April after the company reported a strong order book worth Rs 1,783 crore at the beginning of the current fiscal year, which has to be executed over the next 12 months.

In its regulatory filing, the company said, “Gensol Engineering has received a significant order book that stands at an impressive ₹1,783 crore in the beginning of FY25, signalling a promising year and solidifying its position as a key player in the renewable energy and electric mobility industry. Gensol’s diverse order book showcases its involvement in multiple sectors, each contributing significantly to its overall portfolio.”

The company received a significant order worth Rs 1,448 crore from Solar EPC, including India and the Middle East. They have also secured another order worth Rs 335 crore from Let’s EV.

Anmol Singh Jaggi, Chairman And Managing Director of Gensol Engineering, said, “Our order book for FY25 is at ₹1,783 crore highlighting growing demand for our renewable energy and eMobility solutions.”

Singh added that the increase in the projects highlights the trust clients have in our capabilities and commitment to delivering excellence. This solidifies the company’s status as a frontrunner in Solar EPC, EV Leasing industry, and Solar tracking, emphasising our commitment to growth.

At 3:30 pm, the shares of Gensol Engineering closed 0.54% higher at Rs 994 on NSE.