Nextracker’s Net Income Up 95% YoY in Q1 FY 2025 as Global Demand Grows

The company reported a 50% YoY increase in revenue, reaching $720 million

August 5, 2024

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Solar tracker firm Nextracker has recorded a net income of $139 million, a 95% year-over-year (YoY) increase compared to $71 million for the first quarter (Q1) of the financial year 2025, reflecting significant growth across various metrics.

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Gautamee Hazarika

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Nextracker’s Net Income Up 95% YoY in Q1 FY 2025 as Global Demand Grows

Continue Reading with Premium Access

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