The company’s total revenue surged to INR 412 crore during the January-March period, significantly up from INR 167 crore a year ago.
As of March 2024, Gensol Engineering's order book stood at an impressive INR 1,783 crore, with INR 1,448 crore worth of orders coming from the solar segment.
"We continue to take strategic bets like Scorpius Trackers's acquisition, Middle East entry, BESS (battery energy storage system) and we continue to expand into segments such as EV leasing and EV manufacturing," stated Anmol Singh Jaggi, Managing Director of Gensol Engineering.
Gensol Engineering is part of the Gensol group, which provides EPC services for the development of solar power plants.
Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.
