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Solar Glass Manufacturer Borosil Renewables’ Profit Dips by 29% YoY in Q2 FY23

The dip in profit was due to increase of raw material procurement cost

November 16, 2022

/ Gautamee Hazarika
/ Finance and M&A, Solar,
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Borosil Renewables, an India-based solar-glass manufacturer, recorded a profit after tax of ₹241.89 million ($2.97 million) for the second quarter (Q2) of the financial year (FY) 2023, a YoY decrease of 29.2% compared to ₹341.12 million ($4.20 million).

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Gautamee Hazarika

More articles from Gautamee Hazarika.
BorosilClean energyflat glassquarterly resultsRenewable
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