Emmvee PV PAT Doubles YoY to ₹380.3 Cr in Q1 FY27

Emmvee Photovoltaic Power Ltd. reported a record first quarter for FY27, with Profit After Tax (PAT) more than doubling year-on-year to ₹380.3 crore, up 103%. Revenue from operations grew 51% YoY to ₹1,555.5 crore. The company achieved all-time high EBITDA margins of 35.2% and PAT margins of 24.2%. Production volumes also saw significant increases, with modules up 53% YoY to 970 MW and cells up 26% YoY to 454 MW. The order book reached an all-time high of 9.9 GW. The company is progressing with its 6 GW integrated expansion and evaluating a potential 9 GW ingot and wafer manufacturing facility.