en.Wedoany.com Reported - Gujarat Inject Kerala Limited (renamed as Regenova Renewtech Limited) has received a purchase order worth INR 144.9 million from Deon Energy Limited for the supply of 16,129 solar photovoltaic modules with a capacity of 620 watts peak. The order, exclusive of Goods and Services Tax, is part of the company's recent growth in its renewable energy business and follows several module contracts secured in the current fiscal year. The company views this win as a significant step in its strategic expansion into solar solutions.

This order supplements the existing order pipeline from clients such as Earthwave Technology, Perfect Renewtech, and Surja Infra, helping to strengthen the company's coverage in India's solar infrastructure market. Management stated that the new order enhances execution momentum and supports the goal of building a scalable solar solutions platform. The company continues to prioritize timely delivery and customer engagement as key growth strategies.

In fiscal year 2026, Gujarat Inject Kerala Limited reported operating revenue of INR 363.2 million, an increase of approximately 91% from INR 190.5 million in fiscal year 2025; net profit rose from INR 10.2 million to INR 18.1 million, an increase of about 78%. On a quarterly basis, revenue in the fourth quarter of fiscal year 2026 reached INR 307.0 million, compared to INR 42.4 million in the same period of fiscal year 2025; net profit after tax for the quarter was INR 16.4 million, versus INR 0.7 million in the same period last year; profit before tax stood at INR 25.0 million, up from INR 12.5 million in the previous fiscal year. Earnings per share increased from INR 0.70 to INR 1.24.

As part of a broader business transformation, the company has received approval for a proposed name change to Regenova Renewtech Limited and plans to expand its participation in the solar value chain. With a continuously growing order book and improving margins, the company is well-positioned to leverage policy support and investment trends in India's renewable energy sector while creating sustainable value for stakeholders.

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