Trom Industries, a leading player in the renewable energy sector, has reported a significant doubling of its net profit to ₹4 crore for the first half (H1) of FY25, driven primarily by its solar projects. The company’s revenue from operations rose 57% to ₹35.6 crore during the April-September period, compared to ₹22.7 crore in the corresponding period last year. Trom Industries’ earnings before interest, tax, depreciation, and amortization (EBITDA) increased 74% to ₹7.4 crore.
Trom Industries’ focus on solar energy has yielded impressive results, with its solar projects contributing significantly to the company’s revenue growth. The company has successfully executed several solar projects across India, leveraging its expertise in engineering, procurement, and construction (EPC).
Managing Director, S. Krishnan, attributed the strong performance to “increased demand for solar energy solutions and our ability to deliver high-quality projects efficiently.” He added that Trom Industries is well-positioned to capitalize on the growing demand for renewable energy in India.
Trom Industries’ order book stands at ₹150 crore, providing visibility for future growth. The company aims to expand its presence in the solar energy sector, targeting new markets and customers. Analysts expect Trom Industries’ growth momentum to continue, driven by India’s increasing focus on renewable energy. The company’s expertise in solar EPC and its strong execution capabilities make it an attractive partner for solar project developers.
Trom Industries’ commitment to sustainability and reducing carbon emissions aligns with India’s ambitious renewable energy targets. As the country strives to achieve 500 GW of renewable energy capacity by 2030, companies like Trom Industries will play a vital role in driving this transition.
Trom Industries is a leading force in the renewable energy sector, driving innovation and sustainability with its cutting-edge technologies and comprehensive energy solutions. Renowned for its expertise in solar, wind, and energy storage systems, the company delivers reliable and efficient solutions to meet the growing global demand for clean energy.
Trom Industries places a strong emphasis on research and development, enabling the creation of advanced systems that optimize energy production while minimizing environmental impact. Partnering with governments, businesses, and communities worldwide, Trom Industries has played a pivotal role in accelerating the transition to renewable energy and fostering a more sustainable future. Its unwavering commitment to quality, innovation, and environmental stewardship has solidified its reputation as a trusted leader in the renewable energy market.
