New Delhi, State-owned Solar Energy Corporation of India (SECI) on Monday reported a 15 percent rise in its net profit to Rs 501.92 crore in FY2024-25, mainly on the back of higher revenues.
As per the audited standalone financial results for the year ending March 31, 2025, SECI has recorded revenue from operations of Rs 15,185.10 crore and profit after tax (PAT) of Rs 501.92 crore, the company statement said.
In comparison, it reported that SECI’s revenue from operations for FY2023-24 stood at Rs 13,035.07 crore and profit after tax at Rs 436.03 crore.
Santosh Kumar Sarangi, Secretary, Ministry of New and Renewable Energy and Chairman & Managing Director (Additional Charge), SECI, said, “This performance reflects the Corporation’s commitment to financial discipline and institutional delivery.”
He further said that crossing the benchmark of Rs 15,000 crore revenue and Rs 500 crore profit after tax (PAT) is a significant progress in SECI’s financial roadmap.
He further said that these results improve the organisation’s ability to support large-scale initiatives, including emerging areas such as energy storage, green hydrogen and offshore wind.
SECI’s financial progress in FY 2024-25 is supported by its growing role in power trading, project execution and implementation of Government of India schemes. With Navratna status and a strong pipeline of projects, SECI continues to be a key institution in India’s clean energy transformation.
