Fujiyama Power Systems' Q2 performance boosted by revenue growth and expansion plans in the renewable energy sector.
Summary
Fujiyama Power Systems, a solar solutions firm, saw its shares gain focus after a strong Q2 performance, with revenue up 72.6% and net profit nearly doubling to Rs 63 crore. The company's expansion plans and partnership with Surya Kumar Yadav are aimed at leveraging India's renewable energy sector growth.
Key Points
- Fujiyama Power Systems reported a significant increase in Q2 revenue (72.6% YoY).
- Net profit for Q2 nearly doubled.
- The company's net profit reached Rs 63 crore.
- Fujiyama Power Systems is a solar solutions firm.
- The company has partnered with cricketer Surya Kumar Yadav.
Full Article
Fujiyama Power Systems' shares are expected to be in focus after the company reported a strong second quarter with revenue up 72.6% year-on-year and profit after tax nearly doubling. The solar solutions firm also announced expansion initiatives and a partnership with cricketer Surya Kumar Yadav, aiming to capitalize on India's renewable energy growth.