Gujarat Inject Kerala Limited has secured a purchase order from Ottire Lifestyle Private Limited for the supply of solar modules. The order, valued at approximately ₹1.07 crore, involves the delivery of 1334 units of Solar PV Module 600WP. This contract is expected to be executed by June 2026.

The order was awarded by a domestic entity, and the significant terms require the arrangement of modules at required sites. There are no interests held by the promoter, promoter group, or group companies in Ottire Lifestyle Private Limited. Furthermore, the transaction does not fall under related party transactions.

The disclosure was made to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Murli Shivshankaran Nair, Whole Time Director, signed the filing on June 8, 2026.

Order Details

Gujarat Inject has reported its audited standalone financial results for the year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 20, 2026. The statutory auditors, M/s. S. Mandawat & Co., issued an audit report with an unmodified opinion on the financial statements.

For the fiscal year 2026, the company recorded a net profit of ₹1.81 crore, a significant increase from ₹1.02 crore in the previous year. Revenue from operations surged to ₹36.32 crore, up from ₹19.05 crore in FY25. Total income for the year stood at ₹36.52 crore compared to ₹19.23 crore in the corresponding prior period.

Financial Performance Overview

The company's expenses for the year totaled ₹34.01 lakh, up from ₹17.97 lakh in the previous year. Profit before exceptional items and tax for the year was ₹2.50 crore, compared to ₹1.25 crore in FY25. The tax expense for the year amounted to ₹0.69 crore.

Quarterly Results

For the quarter ended March 31, 2026, the company reported a net profit of ₹1.64 crore. Revenue from operations for the quarter stood at ₹30.70 crore. Total income for the quarter was ₹30.70 crore, with total expenses amounting to ₹28.43 lakh.

Strategic Developments

Strengthening its presence in the solar segment, the company has secured multiple purchase orders for Solar PV Modules from various customers including Earthwave Technology, Perfect Renewtech and Surja Infra. The company received orders worth approximately ₹6.07 crore from Earthwave Technology, ₹0.61 crore from Surja Infra, and additional orders worth ₹3.49 crore and ₹3.11 crore respectively from Earthwave Technology. An order worth approximately ₹1.21 crore was secured from Perfect Renewtech. The company has also installed a 5MW solar project at Jakasana, Mehsana (Gujarat).

Corporate Update

As part of its strategic business transformation, Gujarat Inject Kerala Limited has received approval for change of its name to REGENOVA RENEWTECH LIMITED, along with consequential alterations in the Memorandum of Association and Articles of Association of the company. The proposed name change reflects the company's evolving business vision and long-term strategy to strengthen its presence across diversified and future-oriented business segments.

Balance Sheet Highlights

As of March 31, 2026, the company's total assets stood at ₹36.67 crore, a substantial increase from ₹11.95 crore in the previous year. Equity share capital remained constant at ₹14.63 crore. Total current liabilities increased to ₹24.84 crore from ₹1.94 crore in the prior year.