Websol Energy System Limited reported robust growth for the financial year ending March 31, 2026, with standalone revenue reaching Rs. 1,049.44 crore. The company announced a final dividend of Re. 0.25 per share, subject to shareholder approval. Additionally, the Board has approved the three-year re-appointment of Mr. Sohan Lal Agarwal as Managing Director and appointed M/s RSM Astute Consulting Private Limited as the internal auditor for the upcoming fiscal year.
Strong Financial Performance
For the financial year ended March 31, 2026, Websol Energy System Limited achieved a total income of Rs. 1,059.31 crore. The net profit for the year stood at Rs. 303.01 crore, reflecting significant operational progress compared to the previous year. In the final quarter (Q4: Jan-Mar), the company recorded a revenue from operations of Rs. 401.45 crore and a quarterly net profit of Rs. 124.51 crore.
Dividend and Shareholder Value
The Board of Directors has recommended a final dividend of Re. 0.25 per equity share (face value of Re. 1/- each) for the financial year ended March 31, 2026. This dividend payout, amounting to approximately Rs. 10.85 crore, is subject to approval by the company’s members at the upcoming Annual General Meeting.
Strategic Leadership and Governance
The company confirmed the re-appointment of Mr. Sohan Lal Agarwal as Managing Director for a term of three years, effective April 1, 2026. Mr. Agarwal, who founded the company in 1990, has played a pivotal role in establishing Websol as a key player in the solar photovoltaic sector. Furthermore, the company has appointed M/s RSM Astute Consulting Private Limited as the Internal Auditor for the 2026-27 financial year to strengthen its internal control and governance frameworks.
Operational Expansion
During the fiscal year, the company incorporated Websol Renewables Private Limited as a wholly-owned subsidiary. Additionally, the company successfully completed the conversion of share warrants into 1.21 crore equity shares, which increased the paid-up equity share capital from Rs. 42.21 crore to Rs. 43.42 crore, further bolstering the company’s financial position for future growth initiatives.
Source: BSE
