The company’s latest results highlight accelerating momentum in India’s solar manufacturing sector as renewable investments continue to rise.
Websol Energy System Limited reported strong consolidated financial performance, with revenue and profit more than doubling year-on-year, supported by business expansion and capital restructuring initiatives aligned with its renewable energy strategy.
The company posted revenue of ₹4.01 billion, compared with ₹1.73 billion in the corresponding period last year, marking a 132% increase. Net profit rose sharply to ₹1.25 billion from ₹480million, reflecting growth of nearly 158% year-on-year.
Operational performance remained strong, with EBITDA rising to ₹1.46 billion from ₹790 million a year earlier. However, EBITDA margin declined to 36.5% from 45.5%, indicating higher operating expenses and expansion-related investments during the period.
Total expenses increased significantly alongside revenue growth, while depreciation charges also rose due to capacity additions and infrastructure investments. Finance costs remained largely stable.
During the year, shareholders approved a subdivision of equity shares from a face value of ₹10 each into ten equity shares of ₹1 each, effective November 14, 2025. Earnings per share for current and comparative periods were restated following the stock split.
The company also strengthened its capital structure after receiving the remaining consideration against share warrants issued to Websol Green Projects Private Limited. Subsequently, about 1.21 crore equity shares were allotted at an issue price of ₹53 per share, increasing paid-up equity capital from ₹422.1 million to ₹434.2 million.
As part of its expansion plans, Websol incorporated Websol Renewables Private Limited as a wholly owned subsidiary to strengthen its presence in the renewable energy sector. As of March 31, 2026, the group reported no associate or joint venture entities and presented results on both standalone and consolidated bases in compliance with regulatory norms.
