IndoSolar Reports Mixed Q4 Results with Profit Growth Amid Revenue Decline
INDOTECH IndoSolar reported Q4 net profit of ₹420 million, up 5% from ₹400 million in the previous year, demonstrating improved profitability. However, the company faced significant revenue challenges with Q4 revenue declining 55.8% to ₹840 million from ₹1.9 billion year-over-year. The mixed results highlight the company's ability to maintain profit growth despite substantial revenue contraction.
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