Borosil Renewables’ Q3 Profit Dips 52% to ₹224 Million on Higher Input Cost

The cost of materials consumed increased YoY by 30% to ₹405.96 million

February 15, 2023

/ Gourav Mishra
/ Finance and M&A, Other, Renewable Energy
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The profit of solar glass manufacturer Borosil Renewables slumped by 52% year-over-year (YoY) to ₹223.8 million (~$2.7 million) for the third quarter (Q3) of the financial year (FY) 2023. The financial performance was impacted due to increased input costs.

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Gourav Mishra

More articles from Gourav Mishra.
BorosilGlassmanufacturerprofitrenewablesSolar
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