Gensol Engineering has reported a remarkable surge in revenue for the fiscal year 2024, reaching an all-time high of Rs 960 crores, marking an impressive 141% increase compared to the previous year's revenue of Rs 398 crore.

This significant growth was highlighted in a statement released by the company, underscoring its strong performance and robust expansion in the renewable energy sector.

The statement elucidated that Gensol Engineering Ltd achieved its highest-ever revenue from operations, exceeding Rs 960 crores (provisional and unaudited) for the financial year ending on March 31, 2024.

Such substantial growth, reflecting a remarkable 141% rise year-on-year, underscores the company's resilience and strategic positioning in the market.

Anmol Singh Jaggi, the Chairman and Managing Director of Gensol Engineering Ltd, expressed satisfaction with the company's financial performance, stating, "This financial achievement exemplifies a robust and commendable growth trajectory, surpassing the guidance provided during our last earnings conference call in January 2024.

He emphasized that this milestone solidifies the company's position as a frontrunner in the renewable energy industry, affirming its steadfast commitment to sustained growth and innovation.

Established in 2012, Gensol Engineering Ltd forms part of the prestigious Gensol group of companies, renowned for its expertise in providing comprehensive Engineering, Procurement, and Construction (EPC) services for the development of solar power plants.

This latest financial success further cements Gensol Engineering's reputation as a leading player in the renewable energy domain, positioning it as a preferred partner for projects aimed at promoting clean and sustainable energy solutions.