Ahasolar Technologies turns profitable as revenue jumps 58% to ₹92 cr
The Ahmedabad-based firm swung to a net profit of ₹20.54 lakh in FY26, driven by a structural shift that moved trading operations to its subsidiary.
— 1 earlier story on Ahasolar Technologies Ltd. →What's new
- Consolidated revenue reached ₹91.97 cr, up 58% from the previous year.
- The company recorded a net profit of ₹20.54 lakh, reversing a ₹95.55 lakh loss.
- Trading operations moved to subsidiary RTC Energy, which now generates 85% of group revenue.
Why this matters
The transition of trading activities to RTC Energy has successfully consolidated the group's top line. Turning profitable on a ₹26 crore market cap is a rare feat for a nano-cap firm managing this level of turnover.
What we're watching
- Whether the subsidiary-led model sustains these margins in FY27.
- Operational efficiency at the standalone level following the revenue drop.
- Future growth targets for the core solar technology business.
The full read
Ahasolar Technologies reported consolidated revenue of ₹91.97 crore for FY26, a 58% increase over the prior year. The company successfully swung to a net profit of ₹20.54 lakh, a sharp reversal from the ₹95.55 lakh loss recorded in the previous fiscal period. This performance follows a structural shift that moved the company's trading operations into its subsidiary, RTC Energy Private Limited. That arm now generates more than 85% of the group's total revenue. While this transition caused standalone revenue to drop to ₹10.99 crore, the consolidated result shows a business managing significant turnover relative to its ₹26 crore market capitalization. The board also appointed JHS & Associates LLP as internal auditors for the coming year. The shift to a subsidiary-led model has clearly improved the group's financial profile.
Questions answered
- Why did standalone revenue fall to ₹10.99 crore?
- The decline is a direct result of the company shifting its trading operations to its subsidiary, RTC Energy Private Limited.
- How much of the group's revenue does the subsidiary now contribute?
- RTC Energy Private Limited accounts for more than 85% of the total consolidated revenue.
- Did the company improve its bottom line compared to last year?
- Yes. Ahasolar moved from a net loss of ₹95.55 lakh in the previous fiscal year to a net profit of ₹20.54 lakh for the year ended March 31, 2026.
- Were there any changes to the company's audit team?
- The board approved the appointment of JHS & Associates LLP as internal auditors for the upcoming financial year.
Story so far
All notes on AHASOLAR →- 28 May 2026 · 1:38 PM IST Ahasolar Technologies turns profitable as revenue jumps 58% to ₹92 cr
- 7d ago Ahasolar commissions its first owned solar plant, 2.5 MW in Gujarat