{"id":45973,"date":"2025-10-24T18:04:04","date_gmt":"2025-10-24T12:34:04","guid":{"rendered":"https:\/\/thedeccanmessenger.com\/index.php\/2025\/10\/24\/onix-renewable-limited-announces-strong-financial-performance-for-fy-2024-25\/"},"modified":"2025-10-24T18:04:04","modified_gmt":"2025-10-24T12:34:04","slug":"onix-renewable-limited-announces-strong-financial-performance-for-fy-2024-25","status":"publish","type":"post","link":"https:\/\/thedeccanmessenger.com\/index.php\/2025\/10\/24\/onix-renewable-limited-announces-strong-financial-performance-for-fy-2024-25\/","title":{"rendered":"Onix Renewable Limited Announces Strong Financial Performance for FY 2024\u201325"},"content":{"rendered":"<div>\n<p style=\"text-align: center;\"><em>Annual Financial Performance 2024 \u2013 2025<\/em><\/p>\n<p><strong>Mumbai (Maharashtra) [India], October 24:<\/strong> Onix Renewable Limited, a leading player in India\u2019s renewable energy sector, announced its audited financial results for the fiscal year 2024\u201325, marking another year of sustained growth, operational excellence, and strategic expansion across its renewable portfolio.<\/p>\n<p>During the financial year,\u00a0<strong>Onix Renewable<\/strong>\u00a0recorded significant progress across its\u00a0<strong>Renewable energy verticals<\/strong>, reflecting its continued commitment to sustainable development and innovation in clean energy.<\/p>\n<p><strong>Key Financial Highlights (FY 2024\u201325<\/strong><\/p>\n<ul>\n<li><strong>Total Revenue:<\/strong><strong>\u20b91001.30<\/strong>\u00a0crore, representing a\u00a0<strong>185.80% increase<\/strong><\/li>\n<li><strong>EBITDA:<\/strong><strong>\u20b9164.45 crore<\/strong>, demonstrating strong operational performance<\/li>\n<li><strong>Net Profit:<\/strong><strong>\u20b9153.46 crore<\/strong>, growing by\u00a0<strong>190.72% year-on-year<\/strong><\/li>\n<li><strong>PAT:<\/strong><strong>\u20b9114.79 crore<\/strong>, growing by\u00a0<strong>191.42% year-on-year<\/strong><\/li>\n<\/ul>\n<p><strong>Strategic and Operational Achievements<\/strong><\/p>\n<p>Throughout the year, Onix Renewable strengthened its presence in\u00a0<strong>Gujarat, Maharashtra, and Rajasthan<\/strong>, completing several landmark projects under the\u00a0<strong>Government of India\u2019s PM-KUSUM and Solar-Wind Hybrid programs<\/strong>.The company also advanced its\u00a0<strong>digital transformation initiatives<\/strong>, enhancing operational safety, 24\u00d77 monitoring, and project efficiency through smart data systems and AI-enabled maintenance solutions.<\/p>\n<p>Speaking on the results,\u00a0<strong>Mr Divyesh Savaliya, \u00a0CMD of Onix Renewable Limited<\/strong>, said:<\/p>\n<p>\u201cFY 2024\u201325 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\u2019s clean energy mission. We remain committed to expanding our renewable footprint and creating long-term value for our stakeholders.\u201d<\/p>\n<p><strong>Commitment to Sustainability<\/strong><\/p>\n<p>Onix Renewable continues to align its operations with the\u00a0<strong>United Nations Sustainable Development Goals (SDGs)<\/strong>, focusing on carbon reduction, rural empowerment, and local employment. The company successfully reduced its carbon emissions through its renewable projects this year.<\/p>\n<p><strong>Looking Ahead<\/strong><\/p>\n<p>For FY 2025\u201326, Onix Renewable aims to scale its renewable capacity by introducing <strong>hybrid and storage-based projects<\/strong>, and strengthening partnerships to accelerate India\u2019s transition toward a net-zero future.<\/p>\n<p><strong>About Onix Renewable Limited<\/strong><\/p>\n<p>Onix Renewable Limited is one of India\u2019s fast-growing renewable energy companies engaged in the development, construction, and operation of solar, wind, and hybrid projects. With a commitment to sustainable innovation and energy excellence, the company is dedicated to powering a greener future for India.<\/p>\n<p>For more information, visit: <a href=\"https:\/\/onixrenewable.com\/\" target=\"_blank\" rel=\"noopener\">https:\/\/onixrenewable.com\/<\/a><\/p>\n<p><em> If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Annual Financial Performance 2024 \u2013 2025 Mumbai (Maharashtra) [India], October 24: Onix Renewable Limited, a leading player in India\u2019s renewable energy sector, announced its audited financial results for the fiscal [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":45974,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[648],"class_list":["post-45973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","rishi-post"],"rishi__cb_customizer_meta":"","_links":{"self":[{"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/posts\/45973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/comments?post=45973"}],"version-history":[{"count":0,"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/posts\/45973\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/media\/45974"}],"wp:attachment":[{"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/media?parent=45973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/categories?post=45973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedeccanmessenger.com\/index.php\/wp-json\/wp\/v2\/tags?post=45973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}