Quarterly Result23 Jul 2026, 08:30 pm
Indosolar Q1 FY27 Revenue Drops 65% to ₹68.36 Cr
AI Summary
Indosolar Ltd reported its unaudited standalone financial results for the quarter ended June 30, 2026. Revenue from operations declined by 64.89% year-on-year to ₹68.36 Crores, primarily due to a shift from direct distribution and trading revenue to tolling contracts. Despite the revenue drop, EBITDA margin significantly improved by 117.11% to 70.89% compared to Q1 FY26. However, Profit After Tax (PAT) saw a substantial decrease of 68.65% to ₹36.62 Crores. Module production and sales also saw a slight decrease year-on-year. The company attributes the EBITDA margin growth to operational excellence and manufacturing capabilities amidst industry policy transitions.
Key Highlights
- Revenue from operations decreased by 64.89% YoY to ₹68.36 Crores.
- EBITDA margin surged by 117.11% to 70.89%.
- PAT declined by 68.65% YoY to ₹36.62 Crores.
- Module production stood at 224 MW, down from 244 MW in Q1 FY26.
- Company highlights operational efficiency driving EBITDA margin growth.
Price Impact
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