Websol Energy reported strong results for the nine months ended December 31, 2025. Revenue from operations increased by 61.0% year-over-year to ₹648 Cr. EBITDA was ₹282 Cr, with a margin of 43.6%. Profit after tax (PAT) reached ₹179 Cr, with a margin of 27.3%. The company’s capacity utilization improved, and it secured approval for a new manufacturing project in Andhra Pradesh.
Financial Performance Highlights
Websol Energy System Limited announced its unaudited financial results for Q3 and the nine months ended December 31, 2025. Key highlights include:
- Revenue from Operations for 9M FY26: ₹648 Cr, up by 61.0% Y-o-Y
- EBITDA for 9M FY26: ₹282 Cr, with a Margin of 43.6%
- PAT for 9M FY26: ₹179 Cr (EPS of ₹4.2), with a Margin of 27.3%
Q3 FY26 Results:
- Revenue from operations increased 77.2% Y-o-Y to ₹261 Crore
- EBITDA was ₹106 Crore, with a margin of 40.8%
- Profit After Tax closed at ₹65 Crore, with a margin of 24.8%
Business Updates
Crisil BBB+/ Stable Credit Rating: Reflecting Company’s established market presence and healthy operational efficiency.
AP Government Approval: A 4 GW integrated cell and module project approved by Andhra Pradesh Government, including land allotment and tailor-made incentive package.
Cell line Ramp-up: Recently commissioned 600 MW cell line utilization improving, with steady and stable scale-up post commissioning.
The company maintains a strong order book of ₹1,150 crore as of December 31, 2025.
Management Commentary
According to Mr. Sohan Lal Agarwal, Managing Director:
“During the quarter, Websol delivered Revenue from Operations of ₹261 crore, a growth of 77.2% compared to the same quarter last year. From a profitability perspective, EBITDA was ₹106 crore representing a margin of 40.8% and PAT was ₹65 crore representing a margin of 24.8%.
The growth was driven by the commissioning of Cell Line-2 (600 MW Mono PERC facility) at Falta, West Bengal in September 2025. Websol’s consolidated cell capacity utilization was 75% during Q3FY26, with Cell Line-1 at 97% and Cell Line-2 at 54%.
In January 2026, Websol received approval for its proposed greenfield 4 GW solar cell and solar module manufacturing project in Andhra Pradesh.
Source: BSE
