StockMarketHerald.com
Tuesday, November 4, 2025
  • Login
  • Market News
  • Investing
  • Personal Finance
  • Financial Results
  • Economy
  • Retirement
  • Mutual Funds
No Result
View All Result
  • Market News
  • Investing
  • Personal Finance
  • Financial Results
  • Economy
  • Retirement
  • Mutual Funds
No Result
View All Result
StockMarketHerald.com
No Result
View All Result
Home Market News

GK Energy Ranks No. 2 Nationwide in Solar Pump Installations

Strong growth under PM-KUSUM drives expansion; company reports 114% revenue rise in Q1 FY26

Shaina Ahuja by Shaina Ahuja
October 14, 2025
in Market News
0
GK Energy Ranks No. 2 Nationwide in Solar Pump Installations
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

GK Energy Limited, one of India’s leading solar engineering and project companies, has emerged as the second-largest player in solar pump installations across the country. The company achieved this milestone under the Government of India’s PM-KUSUM scheme, which aims to promote solar-powered irrigation systems for farmers.

Over the past year, GK Energy installed more than 45,000 solar pumps across key states such as Maharashtra, Rajasthan, Haryana, and Uttar Pradesh. Maharashtra alone contributed nearly 44% of the company’s total installations, making it one of the largest contributors under the scheme. With this performance, GK Energy has strengthened its position as a trusted partner in India’s transition to sustainable agricultural energy solutions.

RELATED POSTS

Premiumisation Pays Off: 69% of Shoppers Stop’s Sales Now from High-End Categories

Jio Financial Accelerates Digital Expansion with 18 Million Users and Omnichannel Reach

The company reported a strong start to FY26, with its Q1 consolidated revenue rising by 114% year-on-year to ₹324.79 million. Profit after tax grew 120% to ₹37.31 million, while EBITDA increased 122% to ₹57.41 million. This growth was driven by higher execution in solar pump projects and expanding operations in rooftop solar systems.

GK Energy has an order book of ₹10,289 million, which includes over 42,000 solar pumps and 4.5 MW of rooftop projects. The company follows an asset-light business model, sourcing components under its own brand and focusing on efficiency and scalability. It is also setting up a 1 GW solar panel manufacturing unit to support backward integration and strengthen its EPC business.

Led by experienced promoters Gopal Rajaram Kabra and Mehul Ajit Shah, GK Energy has over 18 years of experience in solar energy solutions. The company is empanelled across major states under the PM-KUSUM scheme and continues to play a key role in advancing clean, renewable energy for India’s rural economy.

With growing demand for solar-powered pumps and government support for renewable initiatives, GK Energy is well positioned to maintain its leadership and contribute to India’s goal of achieving energy security for farmers.

ShareTweetPin
Shaina Ahuja

Shaina Ahuja

Related Posts

Premiumisation Pays Off: 69% of Shoppers Stop’s Sales Now from High-End Categories

by Shaina Ahuja
October 23, 2025
0

Shoppers Stop Limited, one of India's leading department store chains, reported that 69% of its total sales in Q2 FY26...

Jio Financial Accelerates Digital Expansion with 18 Million Users and Omnichannel Reach

Jio Financial Accelerates Digital Expansion with 18 Million Users and Omnichannel Reach

by Shaina Ahuja
October 23, 2025
0

Jio Financial Services Limited (JFSL) continued its strong growth momentum in the second quarter of FY26, expanding its customer base...

Cable and Switchgear Segments Power Havells’ Q2FY26 Performance

Cable and Switchgear Segments Power Havells’ Q2FY26 Performance

by Shaina Ahuja
October 22, 2025
0

Havells India Limited, one of India's leading electrical and consumer goods companies, delivered a strong performance in the second quarter...

Ujjivan SFB Eyes Universal Banking License to Shed ‘Small Finance’ Tag

Ujjivan SFB Expands Presence to 766 Branches; Eyes 35% Growth in Secured Portfolio

by Shaina Ahuja
October 22, 2025
0

Ujjivan Small Finance Bank (Ujjivan SFB) continued its growth momentum in the second quarter of FY26, expanding its presence to...

HDFC Life Crosses ₹5 Trillion AUM as Indians Strengthen Their Financial Protection

HDFC Life Crosses ₹5 Trillion AUM as Indians Strengthen Their Financial Protection

by Shaina Ahuja
October 15, 2025
0

HDFC Life has achieved a major milestone by crossing ₹5 trillion in assets under management (AUM), marking a strong step...

Next Post
Strong Balance Sheet and Expansion Plans Make Stallion India a Stock to Watch

Strong Balance Sheet and Expansion Plans Make Stallion India a Stock to Watch

Luxury Hospitality Leader Leela Delivers Industry-Beating RevPAR Growth

Luxury Hospitality Leader Leela Delivers Industry-Beating RevPAR Growth

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Premiumisation Pays Off: 69% of Shoppers Stop’s Sales Now from High-End Categories

October 23, 2025
HUL Declares Interim Dividend of ₹19 per Share as It Maintains Strong Profitability

HUL Declares Interim Dividend of ₹19 per Share as It Maintains Strong Profitability

October 23, 2025
  • 642 Followers
  • 23.9k Followers

MOST VIEWED

  • Triveni Turbines Launches India’s First CO2-Based High-Temperature Heat Pump

    Triveni Turbines Launches India’s First CO2-Based High-Temperature Heat Pump

    0 shares
    Share 0 Tweet 0
  • Private Equity Comes to Your 401(k): Boon or Bane for Retirement Savers?

    0 shares
    Share 0 Tweet 0
  • ‘Me-First’ Rule of Retirement Spending: Prioritize Essentials Before Splurging

    0 shares
    Share 0 Tweet 0
  • India’s Young Investors Shift Focus from Gold to SIPs: A New Era of Savings

    0 shares
    Share 0 Tweet 0
  • Premiumisation Pays Off: 69% of Shoppers Stop’s Sales Now from High-End Categories

    0 shares
    Share 0 Tweet 0
  • Contact Us
  • About Us
  • SEBI
Your Reliable Source for Stock Market News

© 2025 StockMarketHearld.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Market News
  • Investing
  • Personal Finance
  • Financial Results
  • Economy
  • Retirement
  • Mutual Funds

© 2025 StockMarketHearld.com