Zodiac Energy Limited Announces Q1 Results, Dividend, and Strategic Acquisition Aug 12, 2025
More news about Zodiac Energy
11Aug 25
Gujarat High Court Quashes GST Demand Against Zodiac Energy Limited
Zodiac Energy secured a legal victory as the Gujarat High Court quashed a Show Cause Notice and Order-in-Original issued by the Assistant Commissioner of State Tax. The court invalidated GST demands, interest, and penalties against the company. The dispute centered on the classification of Zodiac Energy's composite contracts for supply and installation of solar power generating systems, with the tax department demanding 18% GST as 'works contracts' while the company argued for 5% as composite supplies. The court's decision has no impact on Zodiac Energy's financial or operational activities, removing potential financial burdens and legal uncertainties.
09Jul 25
Zodiac Energy Expands Solar Portfolio with Two New Power Facilities
Zodiac Energy, a key player in the renewable energy sector, has launched two new solar power facilities, expanding its renewable energy portfolio. This move aligns with the company's strategic focus on renewable energy sources and positions it to capitalize on the growing demand for clean energy solutions. While specific details about the size and output of these new facilities were not disclosed, the expansion is expected to contribute to the company's overall power generation capacity and have a positive environmental impact.
21Jun 25
Zodiac Energy Launches 3.003 MWp Solar Power Plant in Gujarat
Zodiac Energy has commenced operations of a new 3.003 MWp solar power plant in Gujarat, India. This project expands the company's renewable energy portfolio and contributes to India's clean energy goals. The strategic location in Gujarat, known for its pro-renewable energy policies, is expected to help reduce carbon emissions and decrease dependence on fossil fuels. This achievement demonstrates Zodiac Energy's growing footprint in the renewable energy sector and its capability to execute large-scale solar projects.
16May 25
Zodiac Energy Reports Impressive Q4 Results with Doubled EBITDA
Zodiac Energy's Q4 financial results show significant year-over-year improvements. EBITDA doubled to ₹176.00 crore, with the margin increasing to 10.28%. Net profit rose 64.9% to ₹94.00 crore. Revenue surged 60.4% to ₹1,700.00 crore. The company's performance demonstrates strong growth and improved profitability in the energy sector.