SECI Records 15% Rise in Net Profit to ₹501.92 Crore in 2024-25

State-owned Solar Energy Corporation of India (SECI) has posted a 15% rise in its net profit to ₹501.92 crore in fiscal 2024-25, driven mainly by higher revenues. The company's revenue from operations reached ₹15,185.10 crore, while Profit After Tax (PAT) stood at ₹501.92 crore for the year ending March 31, 2025. SECI's financial progress is supported by its expanding role in power trading, project execution, and implementation of Government of India schemes.

Key Takeaways:

SECI's net profit increased by 15% to ₹501.92 crore in 2024-25, with revenue from operations reaching ₹15,185.10 crore.
The company's Profit After Tax (PAT) for 2024-25 was ₹501.92 crore, up from ₹436.03 crore in 2023-24.
SECI's financial progress is attributed to its expanding role in power trading, project execution, and implementation of Government of India schemes.
The company's chairman and managing director, Santosh Kumar Sarangi, stated that these results demonstrate the corporation's commitment to financial discipline and institutional delivery.
SECI's financial progress improves its ability to support large-scale initiatives, including emerging sectors such as energy storage, green hydrogen, and offshore wind.

Statistics:

SECI's net profit increased by 15% to ₹501.92 crore in 2024-25.
Revenue from operations reached ₹15,185.10 crore, up from ₹13,035.07 crore in 2023-24.
Profit After Tax (PAT) stood at ₹501.92 crore for 2024-25, up from ₹436.03 crore in 2023-24.
The company's revenue from operations increased by ₹1,150.03 crore (9%) in 2024-25.
SECI's financial progress is supported by its expanding role in power trading, project execution, and implementation of Government of India schemes.

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