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Profit rate drops at Bright Solar


Bright Solar announced the Board approved financial result of 2019.

Company : Bright Solar Limited

Bright Solar Limited published the financial result of the Company for the year that ended on 31st March, 2019. The revenue of the company stood by Rs.578419364 on the year that ended on 31st March, 2019.


Bright Solar Limited had revenue of Rs.129068712 by the half year that ended on 30th September, 2018 and Rs.449350653 by the six months that ended on 31st March, 2019.


The revenue of the company was Rs.578419364 by the end of 31.3.2019 and Rs.398721206 by the end of 31.3.2018. The company made a revenue growth of Rs.179698158 by the end of 31st March 2019 comparing with the end of 2018 financial year.


Bright Solar Limited has reportedly made a before tax profit of Rs.19425723 by 30th September, 2018 and Rs.20800973 by the end of 31st March, 2019 quarter. The company made a before tax profit of Rs.40226696 by 31st March, 2019 and Rs.95513097 was made by 31st March, 2018. The before tax profit was less by Rs.55286401 by the end of 2019 comparing with the financial year of 2018.


The company made a net profit of Rs.14280844 by the end of 30th September, 2019 and Rs.9129446 by the half year that ended on 31.3.2019. The net profit of the company stood at Rs. 23410290 on 31.3.2019 and Rs.62030856 on 31.3.2018. The net profit decreased by Rs.38620566 comparing the financial results of 2018 and 2019.


Since 2010, Bright Solar has been producing solar pumps with cutting edge technology, while also providing a host of consulting services in the field of solar energy.


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