Websol Energy Q2 Results: PAT jumps 73% YoY to Rs 80 crore; revenue more than doubles to Rs 361 crore
Websol Energy System reported a 73.2% rise in Q2FY27 net profit to Rs 80.21 crore, while revenue surged 114.6% to Rs 361.02 crore. The company plans a 4 GW solar cell manufacturing expansion at Falta and entry into EPC, solar IPP and energy trading businesses.
In the second quarter of fiscal year 27, Websol Energy System reported a significant increase in its profit after tax (PAT) and revenue. The company's PAT jumped by 73.2% year-on-year to Rs 80.21 crore, while revenue from operations more than doubled, reaching Rs 361.02 crore, a 114.6% increase from the previous quarter. EBITDA also rose by 77.3% YoY to Rs 128.14 crore.
Cell and module production stood at 255 MW and 88 MW respectively, with capacity utilisation at 91% and 68% respectively. The company's outstanding order book was Rs 1,280 crore as of September 30, 2026. Websol repaid its outstanding IREDA term loan and secured a land allotment for a greenfield solar cell manufacturing facility, which will add 4 GW of capacity in two phases.
The company also approved entering into EPC, solar IPP, and energy trading businesses. Managing Director Sohan Lal Agarwal highlighted progress on manufacturing and expansion plans, with a focus on consistent performance at existing facilities and upcoming growth.
Written by urgent.news from The Economic Times - Top News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Divi's Labs Q2 Results: PAT surges 64% YoY to Rs 1,127 crore; revenue jumps 35% economictimes.indiatimes.com
