zodiac energy has successfully commissioned a 10.8 MWp solar power plant for Amanta Healthcare Limited, expanding its renewable energy portfolio. The project is located at Village Baroda, Taluka Matar, in the District of Kheda. This operational milestone was disclosed to the stock exchanges on May 30, 2026.

The commissioning was reported in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms the plant's capacity and location, marking the completion of the development phase for this specific client.

The company submitted the formal intimation to BSE Limited and National Stock Exchange of India Limited. Divya Joshi, Company Secretary & Compliance Officer for Zodiac Energy Limited, signed the disclosure regarding the plant's operational status.

Zodiac Energy has reported a standalone net profit of ₹21.07 crore for the financial year ended March 31, 2026, reflecting a 5.5% increase from ₹19.97 crore in the previous year. Revenue from operations rose to ₹543.52 crore from ₹407.78 crore in FY25. The board of directors, in its meeting held on May 25, 2026, approved the audited standalone and consolidated financial results and recommended a final dividend of ₹0.75 per equity share, subject to shareholder approval. The company published these audited financial results in newspapers, Free Press Journal (English) and Lokmitra (Gujarati), on May 26, 2026, under Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

For the year ended March 31, 2026, total income increased to ₹545.94 crore compared to ₹409.67 crore in the prior year. Total expenses for the full year were recorded at ₹516.71 crore against ₹382.14 crore in FY25. The finance costs for the year increased to ₹18.80 crore from ₹8.71 crore in FY25. The company's basic earnings per share (EPS) for the year stood at ₹13.94, up from ₹13.38 in the previous year.

The following table summarises the annual standalone financial performance:

Quarterly Performance

On a quarterly basis, the standalone net profit for the quarter ended March 31, 2026, stood at 106M rupees compared to 94M rupees in the same quarter of the previous year. Revenue from operations for the quarter was 2.11B rupees versus 1.7B rupees year-on-year. Total expenses for the quarter were recorded at ₹197.41 crore. The quarterly EBITDA came in at 105M rupees against 176M rupees in the year-ago period, while the EBITDA margin improved marginally to 10.5% from 10.29% year-on-year.

Dividend Declaration

The board has recommended a final dividend of ₹0.75 per equity share, representing 7.5% of the face value of ₹10 per share. This dividend is subject to the approval of the members at the ensuing Annual General Meeting. The board also appointed M/s. Manubhai & Shah LLP as the internal auditor for the financial year 2026-27.

Consolidated Results

The consolidated financial results for the year ended March 31, 2026, reflected a net profit attributable to the owners of the parent of ₹21.07 crore. Total consolidated revenue from operations was ₹543.52 crore. The consolidated results include the financials of subsidiaries such as Radhavallabh Solar Projects LLP, Priyapratham Solar Projects LLP, Dharmik Solar Projects LLP, and Shamli Solar Projects LLP. The statutory auditors, M/s. NPKU & Associates, issued an unmodified opinion on the financial results. The company identified two reportable segments: Solar Photovoltaic Modules and EPC contracts, and Generation of Electricity.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE761Y01019/97b0c6002be04582.pdf