Websol Energy System Limited has reported a substantial increase in its financial performance for the second quarter ended September 30, 2026. Profit After Tax (PAT) surged by 73.2% year-on-year to ₹80.21 crore, while revenue from operations more than doubled, growing by 114.6% to ₹361.02 crore. The company also highlighted strategic progress in capacity expansion and debt reduction.
Strong Financial Performance
Websol Energy System Limited announced its unaudited financial results for the second quarter and half-year ended September 30, 2026, showcasing robust year-on-year growth. Revenue from operations reached ₹361.02 crore in Q2 FY27, marking a significant increase of 114.6% compared to ₹168.22 crore in Q2 FY26. EBITDA also saw a substantial rise of 77.3% to ₹128.14 crore from ₹72.29 crore in the corresponding period last year.
Profitability Surge
The company’s Profit After Tax (PAT) grew by 73.2%, reaching ₹80.21 crore in Q2 FY27, up from ₹46.32 crore in Q2 FY26. The PAT margin stood at 22.0%. For the half-year ended September 30, 2026 (H1 FY27), revenue from operations was ₹733.62 crore, an increase of 89.6% over H1 FY26. PAT for H1 FY27 was ₹158.00 crore, up 39.2% from H1 FY26.
Strategic Initiatives and Capacity Expansion
During the quarter, Websol made significant strides in its strategic priorities. The company prepaid its outstanding IREDA term loan, strengthening its balance sheet. Furthermore, Websol secured 54.20 acres of land at Falta Industrial Park, West Bengal, for a greenfield solar cell manufacturing facility. This expansion is planned in two phases, adding a total of 4 GW of cell capacity.
The company reported cell production of 255 MW with 91% capacity utilization and module production of 88 MW with 68% capacity utilization in Q2 FY27. The outstanding order book stood at ₹1,280 crore as of September 30, 2026.
Management Outlook
Mr. Sohan Lal Agarwal, Managing Director, commented, “Q2FY27 has been a quarter we are particularly proud of. Our revenue more than doubled since last year same period, while our cell lines operated at 91% utilization. We also repaid our IREDA term loan and received the land allotment at Falta for our next phase of expansion.” He added that Websol is evolving into an integrated solar energy solutions provider, with the Board approving entry into EPC, Solar IPP, and energy trading.
Source: BSE
