Income from operations greater than doubled, rising 114.6% YoY to Rs 361.02 crore in Q2FY27, in opposition to Rs 168.22 crore reported in Q2FY26, in line with the trade submitting submitted by the corporate.
EBITDA elevated 77.3% YoY to Rs 128.14 crore from Rs 72.29 crore within the year-ago interval.
Throughout the quarter, cell manufacturing stood at 255 MW, with capability utilisation of 91%. Module manufacturing was 88 MW, with capability utilisation at 68%. The corporate’s excellent order guide stood at Rs 1,280 crore as of September 30, 2026.
Websol additionally repaid its excellent IREDA time period mortgage through the quarter and secured a 54.20-acre land allotment from the West Bengal authorities at Falta Industrial Park for a greenfield photo voltaic cell manufacturing facility.
The proposed facility will add 4 GW of photo voltaic cell manufacturing capability in two phases of two GW every. Positioned close to the corporate’s current Falta SEZ operations, the enlargement is geared toward strengthening its manufacturing presence in Japanese India.
The corporate’s board additionally accepted its entry into engineering, procurement and development (EPC), photo voltaic unbiased energy producer (IPP), together with photo voltaic parks, and power buying and selling companies.As a part of the enlargement, the board accepted subscribing to 40% of the fairness share capital of Vivid Earth Cell Non-public Restricted, which shall be engaged within the power buying and selling enterprise. It additionally accepted the incorporation of particular objective automobiles (SPVs) as wholly owned subsidiaries for the opposite enterprise actions.
Administration commentary
Sohan Lal Agarwal, Managing Director, mentioned the quarter marked progress on the corporate’s manufacturing and enlargement plans, with the compensation of its IREDA time period mortgage and land allotment at Falta.
He mentioned the corporate was targeted on guaranteeing constant efficiency at its current manufacturing services whereas getting ready for its subsequent section of progress. The TOPCon improve is progressing, with trial runs focused by the top of FY27.
Agarwal added that Websol was evolving from a photo voltaic cell producer into an built-in photo voltaic power options supplier, with its deliberate entry into EPC, photo voltaic IPP and power buying and selling companies geared toward increasing its presence throughout the photo voltaic power worth chain.
Websol Vitality share value
Forward of the outcomes announcement, Websol Vitality System shares ended Friday’s buying and selling session at Rs 72.01 apiece on the BSE, rising marginally from the earlier shut of Rs 71.99.
Disclosure: This text has been written by Kumar Gaurav, who will not be a Sebi-registered Analysis Analyst or an Funding Adviser. Gaurav and their ‘relative(s)’ (as outlined underneath Part 2(77) of the Corporations Act, 2013) don’t maintain any monetary curiosity within the corporations talked about on this article as of the date of publication. The views/suggestions talked about on this article, wherever relevant, are these of the respective Sebi-registered Analysis Analyst/brokerage and have been reproduced/reported with due attribution. They shouldn’t be construed because the views or suggestions of The Financial Instances Digital or the journalist. Readers are suggested to think about the unique analysis report and make their funding choices primarily based on their very own evaluation. Brokerage disclaimers right here
