Websol Energy System Limited announced strong financial results for the second quarter ended September 30, 2026. Revenue from operations surged by 114.6% year-on-year to ₹361.02 crore. Profit After Tax (PAT) saw a significant increase of 73.2%, reaching ₹80.21 crore. The company also highlighted strategic progress, including debt repayment and securing land for a 4 GW integrated cell facility.
Websol Energy System Limited Announces Strong Q2 FY27 Financial Performance
Websol Energy System Limited has reported a robust financial performance for the second quarter and half-year ended September 30, 2026. The company showcased significant year-on-year growth, with Revenue from Operations increasing by a remarkable 114.6% to ₹361.02 crore in Q2 FY27, compared to ₹168.22 crore in Q2 FY26. EBITDA also grew substantially by 77.3% to ₹128.14 crore.
Profitability Surges
Profit After Tax (PAT) demonstrated a strong upward trend, rising by 73.2% to ₹80.21 crore in Q2 FY27, up from ₹46.32 crore in the corresponding quarter of the previous year. PAT Margin stood at 22.0%. For the half-year ended September 30, 2026 (H1 FY27), Revenue from Operations reached ₹733.62 crore, an increase of 89.6% over H1 FY26. H1 FY27 PAT was ₹158.00 crore, up 39.2%.
Strategic Progress and Expansion
Beyond financial highlights, Websol Energy made substantial progress on its strategic priorities. The company successfully repaid its outstanding IREDA term loan, strengthening its balance sheet. Furthermore, it secured a 54.20-acre land allotment at Falta Industrial Park in West Bengal for a greenfield solar cell manufacturing facility. This facility is planned to add 4 GW of cell capacity in two phases.
The company also noted that its cell lines operated at 91% utilization during Q2 FY27, producing 255 MW of cells, and module production was 88 MW with 68% capacity utilization. The outstanding order book as of September 30, 2026, stood at a healthy ₹1,280 crore.
Future Outlook
Websol is evolving into an integrated solar energy solutions provider, with the Board approving entry into EPC, Solar IPP, and energy trading. The company is also progressing with its TOPCon upgrade, expected to increase cell efficiency to around 25%.
Source: BSE
