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Outlook Business

Fujiyama posts ₹57.8 crore Q1 profit, commits ₹350 crore to solar cell plant

AI Market Summary
Fujiyama Power Systems reported Q1 net profit down 14.5% YoY on higher expenses, while revenue more than doubled, and management highlighted a higher normalized PAT excluding a one-off tax item. The company also announced ₹350 crore capex for a 1.2GW solar cell plant and plans to commission 2GW lithium-ion battery capacity by Q2, signaling continued capacity buildout in solar and storage.
Impact level
● Low
Affected assets
NCCOGOLD2USD/USDT+1.04%
AI Insight · NCCOGOLD2USD/USDTAI Insight
● Neutral
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Fujiyama Power Systems reported a first-quarter net profit of ₹57.8 crore, down 14.5% year on year, while revenue more than doubled to ₹1,345.7 crore. The company said normalised profit after tax was ₹1,65.2 crore after excluding an exceptional net tax item of ₹107.4 crore. It also announced an investment of around ₹350 crore to set up a solar cell facility and said it plans to commission 2,000MW of lithium-ion battery manufacturing capacity in Q2 FY27.
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