Websol Energy shares surge 12% in two days as Q1 profit triples on strong revenue growth
Websol Energy System Limited has rallied 12% over the past two sessions, including hitting the 10% upper circuit on Monday, after the company reported a sharp jump in earnings for Q1 FY26. On Tuesday, the stock continued its uptrend following the announcement of strong quarterly results.
For the April–June quarter, net profit surged to Rs 67.18 crore from Rs 22.88 crore in the same period last year. Revenue from operations more than doubled to Rs 220.93 crore compared to Rs 111.83 crore in Q1 FY25. The company reported an EBITDA margin of 47.3% and a PAT margin of 30.4% for the quarter.
Managing Director Sohan Lal Agarwal said growth was driven by sustained demand for high-efficiency solar products in the domestic market. The company launched solar kits for domestic use during the quarter and is finalizing agreements with national and regional players under initiatives like the PM-KUSUM Solar Pumps Project and the Domestic Content Requirement (DCR) framework.
Websol Energy is also nearing completion of its additional 600 MW solar cell line, with trial production expected in September 2025 and commercial operations in October 2025. This expansion will take its total cell manufacturing capacity to 1.2 GW, with meaningful revenue contribution expected from Q3 FY26.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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