Onix Renewable Limited, a leading player in India’s renewable energy sector, has announced its audited financial results for the fiscal year 2024-25, marking another year of sustained growth, operational excellence, and strategic expansion across its renewable portfolio.
During the year, the company recorded significant progress across its renewable energy verticals, reflecting its continued commitment to sustainable development and innovation in clean energy.
Key Financial Highlights (FY 2024-25):
Total Revenue: ₹1,001.30 crore, up 185.80% year-on-year
EBITDA: ₹164.45 crore, demonstrating strong operational performance
Net Profit: ₹153.46 crore, up 190.72% year-on-year
PAT: ₹114.79 crore, up 191.42% year-on-year
Strategic and Operational Achievements
Onix Renewable strengthened its presence in Gujarat, Maharashtra, and Rajasthan, successfully completing several landmark projects under the Government of India’s PM-KUSUM and Solar-Wind Hybrid programs.
The company also advanced its digital transformation initiatives, enhancing operational safety, 24×7 monitoring, and project efficiency through smart data systems and AI-enabled maintenance solutions.
Speaking on the results, Mr. Divyesh Savaliya, CMD of Onix Renewable Limited, said:
“FY 2024-25 has been a year of growth and transformation for Onix Renewable. Our focus on innovation, sustainability, and community development has enabled us to deliver consistent performance while contributing to India’s clean energy mission. We remain committed to expanding our renewable footprint and creating long-term value for our stakeholders.”
The company continues to align its operations with the United Nations Sustainable Development Goals (SDGs), prioritizing carbon reduction, rural empowerment, and local employment. Onix Renewable successfully reduced its carbon emissions through its renewable energy projects during the year.
For FY 2025-26, Onix Renewable plans to expand its renewable capacity by introducing hybrid and storage-based projects, while strengthening partnerships to accelerate India’s transition toward a net-zero future.
