Websol energy systems posted its results for Q4 FY 2024
Revenue reported at 25 cr roughly for 1.5 operational months, this translates to roughly 325-350 cr. for FY2025 from one plant. The other plant should be operational by July. Their Operating profit is a mess, but ongoing CapEx will further help drive sales growth. Debt has also increased but the main point of worry remains operating profit. If we exclude depreciation entirely even then there is operating loss.
Impairment of assets also led to a decline net profit for the year.
Q1 and Q2 will give us a better picture of where the company is headed.
Hoping to learn more from everyone else’s views
Disc: Invested from lower levels
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