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