Electrical Equipment/Products company Websol Energy Systems announced Q1FY26 results Revenue from operations up 96% YoY to Rs 219 crore, as against Rs 112 crore in Q1FY25. EBITDA reported was Rs 104 crore, with a margin of 47.3%, as against Rs 44 crore in Q1FY25. Profit After Tax for Q1 closed at Rs 67 crore, with a margin of 30.4%, as against Rs 23 crore in the Q1FY25. Sohan Lal Agarwal, Managing Director, said: ‘’In Q1FY26, we continued to progress in line with our strategic roadmap, supported by sustained demand for high-efficiency solar products across Indian markets. Revenue for the quarter reached Rs 219 crore, with an EBITDA margin of 47.3% and a PAT margin of 30.4%. During the quarter, we launched solar kits for the domestic market. The company is also in advanced stages of finalising agreements with national and regional players, which is expected to generate additional contributions beyond the solar module price. These contracts are aligned with key national initiatives such as the PM-KUSUM Solar Pumps Project and the Domestic Content Requirement (DCR) framework, reinforcing our role in supporting India’s renewable energy ambitions. The solar energy sector in India continues to be a high-priority focus area, supported by targeted policies and clear deployment targets. With the country aiming for 280 GW of installed solar capacity by 2030, the demand environment for advanced and reliable solar technologies remains strong. In this context, we are on track with our ongoing capacity expansion. Installation and commissioning of the additional 600 MW solar cell line is nearing completion, with trial production expected in September 2025 and commercial operations anticipated in October 2025. This addition will enhance our total cell manufacturing capacity to 1.2 GW, with meaningful revenue contribution expected from Q3FY26. In line with our strategic long-term growth vision, we are outlining a comprehensive expansion plan for our solar cell and module manufacturing operations. This phased capacity enhancement is expected to significantly strengthen our integrated manufacturing capabilities and improve economies of scale. Once implemented, it will enable us to address growing domestic demand and explore emerging export opportunities, while delivering competitive, high-quality products to our customers. Our focus remains firmly on innovation and operational excellence. We continue to invest in technology upgrades and process optimisation to improve product output, efficiency, and cost competitiveness. Our R&D; initiatives aim to enhance product performance while reducing costs, enabling us to deliver greater value to customers. Looking ahead, we remain committed to strengthening our market presence and execution capabilities, while continuing to deliver high-efficiency solar solutions that support India’s energy transition and create long-term value for all stakeholders.’’ Result PDF
Electrical Equipment & Products company Websol Energy Systems announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue from Operations for Q4FY25 was Rs 1,730 million, compared to Rs 249 million in Q4FY24. EBITDA for Q4FY25 was Rs 795 million, compared to a loss of Rs 71 million in Q4FY24. PBT for Q4FY25 was Rs 659 million, compared to a loss of Rs 362 million in Q4FY24 PAT for Q4FY25 was Rs 483 million, compared to a loss of Rs 586 million in Q4FY24. EPS for Q4FY25 was Rs 11.4, compared to -13.5 in Q4FY24.. FY25 Financial Highlights: Revenue from Operations for FY25 was Rs 5,755 million, compared to Rs 259 million in FY24. EBITDA for FY25 was Rs 2,546 million, compared to a loss of Rs 1,119 million in FY24. PBT for FY25 was Rs 1,945 million, compared to a loss of Rs 1,527 million in FY24. PAT for FY25 was Rs 1,547 million, compared to a loss of Rs 1,210 million in FY24. EPS for FY25 was 36.7, compared to -29.9 in FY24 Commenting on the performance, Sohan Lal Agarwal, Managing Director said: “Over the past year, Websol made significant progress as full-scale production resumed after upgrade to our 600 MW Mono PERC Bifacial Solar Cell line. This return to operations contributed to a 20x plus increase in revenue, reaching Rs.5,755 million, reflecting strong industry-wide demand for high-performance solar solutions across both Indian and International markets. This is reflected in the EBITDA margin of 44.2% and a PAT margin of 26.9%. The Indian solar industry continues to expand rapidly, supported by government policies and a strong push towards renewable energy adoption. Initiatives such as the Production LinkedIncentive (PLI) scheme and the PM Surya Ghar Muft Bijli Yojana are driving Indian manufacturing and rooftop solar adoption. This in turn creates opportunities for companies such as Websol that are focused on high-efficiency solar technology. With the country aiming for 280GW of solar capacity by 2030, demand for advanced solar products is growing and Websol remains well-positioned to support this transition with its technology. In recent months, we have secured significant order bookings for both Solar Cells and SolarModules, highlighting continuous market adoption of our product quality and reliability. Our plant at Falta SEZ achieved 90%+ effective capacity utilization, reflecting the strong demand of our solar products. The introduction of Mono PERC Bifacial Solar Cells, enhancing efficiency to23%+, has reinforced our competitive position in the market. With this long term demand environment, Websol is expanding its manufacturing capabilities to increase Solar Cell production capacity to 1.2 GW by Q1FY26. Sustainability remains an integral part of our long-term vision. Websol is steadily moving towards maximum renewable energy adoption across its own manufacturing processes by 2035, ensuring environmentally responsible growth. Our ongoing investments in innovation and R&D; are focused on improving efficiency and cost optimization, allowing us to introduce advanced technologies that will drive sustained progress. .As we continue expanding operations, strengthening our product portfolio and deepening our market presence, we remain committed to delivering reliable, high-efficiency solar solutions. We look forward to advancing further in the coming years, supporting India’s clean energy future with cutting-edge solar technology while creating value for our shareholders.” Result PDF
Electrical Equipment & Products company Websol Energy Systems announced Q3FY25 results The Company recorded revenue from operations of Rs 147.31 crore in Q3FY25. The Company recorded an EBITDA of Rs 67.90 crore in Q3FY25 as opposed to previous EBITDA loss of (Rs 47.54) crore in Q3FY24. As compared to EBITDA of Rs 62.95 crore in Q2FY25, EBITDA increased by 7.9% QoQ. The Company recorded a net profit after tax of Rs 41.56 crore in Q3FY25, improving substantially from a loss of (Rs 54.64) crore in Q3FY24. Quarter profit remained at a similar level when compared to net profit after tax of Rs 41.98 crore in Q2FY25. The Company achieved a healthy EBITDA margin of 46.1% and a net profit margin of 28.2% in Q3FY25. Result PDF