Startup Atlas · Clean Tech
Rays Power Infra
Ketan Mehta · Founder & Managing Director
Pawan Kumar Sharma · Founder & Whole-time Director
$49.96 MnTotal funding (tracked)
3Funding rounds
9 Jul 2024Last round
Rays Power Infra: Financial Breakdown
Figures below are FY2025, consolidated basis, compiled from filings and disclosures — every year cited to its source.
₹12,206.41 millionTotal revenue · +16.4% YoY
₹10,514.35 million (restated consolidated total expenses)Total expenses
₹1,942.05 million (Operating EBITDA)EBITDA
₹1,393.50 million (Profit after tax)Net profit · +52.5% YoY
Revenue by fiscal year
Net profit / loss by fiscal year
Bars below the line are a net loss for that year.
| Fiscal year | Revenue | Total expenses | EBITDA | Net profit / loss | Source |
|---|---|---|---|---|---|
| FY2025 | ₹12,206.41 million | ₹10,514.35 million (restated consolidated total expenses) | ₹1,942.05 million (Operating EBITDA) | ₹1,393.50 million (Profit after tax) | source |
| FY2024 | ₹10,487.99 million | ₹9,550.05 million (restated consolidated total expenses) | ₹1,200.97 million (Operating EBITDA) | ₹913.86 million (Profit after tax) | source |
| FY2023 | ₹7,765.81 million | ₹7,322.48 million (restated consolidated total expenses) | ₹700.86 million (Operating EBITDA) | ₹1,289.90 million (Profit after tax) | source |
Nothing here is blurred or gated — every figure Atlas has is shown in full, free.
Sources & corrections.
Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: nsearchives.nseindia.com inc42.com · Last verified 23 Oct 2026. · Report a correction