Gujarat Inject Kerala Secures Major Solar Module Order
POWER & RENEWABLE ENERGY

Gujarat Inject Kerala Secures Major Solar Module Order

Gujarat Inject Kerala Limited, which is in the process of rebranding as Regenova Renewtech Limited, has secured a purchase order worth Rs. 144.9 million (mn) from Deon Energy Limited for the supply of 16,129 Solar PV Modules of 620 WP capacity. The order, exclusive of GST, marks a significant addition to the company’s renewable energy business and follows a sequence of module contracts secured in the current financial year. The company characterised the win as an important milestone in its strategic expansion into the solar solutions segment.

The latest contract augments an existing pipeline of orders from customers including Earthwave Technology, Perfect Renewtech and Surja Infra and is reported to reinforce the company’s footprint across India’s solar infrastructure market. Management indicated that the order strengthens execution momentum and supports efforts to build a scalable solar solutions platform. The company has been prioritising timely delivery and customer engagement as part of its growth strategy.

Gujarat Inject Kerala Limited delivered strong financial results in FY26, with revenue from operations rising to Rs. 363.2 mn from Rs. 190.5 mn in FY25, representing growth of approximately 91 per cent year on year. Net profit increased to Rs. 18.1 mn from Rs. 10.2 mn, an improvement of around 78 per cent. Quarterly performance was also robust, with revenue for Q4FY26 at Rs. 307.0 mn compared with Rs. 42.4 mn in Q4FY25 and profit after tax for the quarter at Rs. 16.4 mn against Rs. 0.7 mn previously, while profit before tax for FY26 stood at Rs. 25.0 mn versus Rs. 12.5 mn. Earnings per share improved to Rs. one point two four from Rs. zero point seven zero.

As part of a broader transformation, the company has received approval for a proposed change of name to Regenova Renewtech Limited and plans to expand participation across the solar value chain. With a growing order book and improving margins, the company is positioned to capitalise on policy support and investment trends in India’s renewable energy sector while seeking to create sustainable value for stakeholders.

Gujarat Inject Kerala Limited, which is in the process of rebranding as Regenova Renewtech Limited, has secured a purchase order worth Rs. 144.9 million (mn) from Deon Energy Limited for the supply of 16,129 Solar PV Modules of 620 WP capacity. The order, exclusive of GST, marks a significant addition to the company’s renewable energy business and follows a sequence of module contracts secured in the current financial year. The company characterised the win as an important milestone in its strategic expansion into the solar solutions segment. The latest contract augments an existing pipeline of orders from customers including Earthwave Technology, Perfect Renewtech and Surja Infra and is reported to reinforce the company’s footprint across India’s solar infrastructure market. Management indicated that the order strengthens execution momentum and supports efforts to build a scalable solar solutions platform. The company has been prioritising timely delivery and customer engagement as part of its growth strategy. Gujarat Inject Kerala Limited delivered strong financial results in FY26, with revenue from operations rising to Rs. 363.2 mn from Rs. 190.5 mn in FY25, representing growth of approximately 91 per cent year on year. Net profit increased to Rs. 18.1 mn from Rs. 10.2 mn, an improvement of around 78 per cent. Quarterly performance was also robust, with revenue for Q4FY26 at Rs. 307.0 mn compared with Rs. 42.4 mn in Q4FY25 and profit after tax for the quarter at Rs. 16.4 mn against Rs. 0.7 mn previously, while profit before tax for FY26 stood at Rs. 25.0 mn versus Rs. 12.5 mn. Earnings per share improved to Rs. one point two four from Rs. zero point seven zero. As part of a broader transformation, the company has received approval for a proposed change of name to Regenova Renewtech Limited and plans to expand participation across the solar value chain. With a growing order book and improving margins, the company is positioned to capitalise on policy support and investment trends in India’s renewable energy sector while seeking to create sustainable value for stakeholders.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

PMC Approves Rs 5.78 bn Waste Processing Contract

The Pune Municipal Corporation approved a Rs 5.7796 billion (bn) fifteen-year contract to process 500 metric tonnes (t) of waste daily at the Devachi Uruli depot and allowed unauthorised overhead cables to remain temporarily for one year subject to a fee. The decision was taken by the civic body to appoint a private operator for an integrated waste facility covering about 12 acres. The approval frames the contract as an operational arrangement with a fixed base rate and annual adjustments. The contract was awarded to Bhoomi Green Energy Envirocare LLP, which quoted Rs 772 per t, compared with ..

Next Story
Infrastructure Urban

Kerala High Court to Inspect Brahmapuram Waste Plant

Two judges of the Kerala High Court, Justice Bechu Kurian Thomas and Justice Gopinath P, will inspect the Brahmapuram waste management plant on 11 September as part of the suo motu proceeding on the plant's maintenance. The inspection was scheduled to allow the bench to assess conditions on site and to verify representations made by municipal and state authorities. The court listed the site visit during a hearing and directed officials to prepare for an on-site review. The bench instructed authorities to file a detailed report on the plant's present functioning ahead of the visit. It said the ..

Next Story
Infrastructure Transport

Ahmedabad Geetamandir Bus Port Terminal Two Ready with Airport Facilities

Ahmedabad’s Geetamandir Bus Port has completed a separate Terminal Two, which is ready to serve passengers travelling to Saurashtra-Kutch and North Gujarat. The facility has been developed with airport like facilities to improve passenger comfort and ease of travel. Deputy Chief Minister Harsh Sanghvi is scheduled to inaugurate the new terminal today. Authorities say the design focuses on smoother boarding and reduced congestion. Terminal Two will become operational from 13 August and is expected to handle 1,091 buses daily servicing routes to Saurashtra-Kutch and North Gujarat. The new arra..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement