StockWatch
·
Civil Construction
Quarterly Result14 Aug 2026, 06:02 pm

Solarworld Energy Q1 FY27 Income Surges 121% YoY to ₹1780.3 Mn

AI Summary

Solarworld Energy Solutions Limited announced its unaudited financial results for the quarter ended June 30, 2026. Total Income grew by a significant 121% year-on-year to ₹1780.3 million, primarily driven by strong performance in the EPC segment. However, Profit After Tax (PAT) saw a decline of 26% YoY, falling to ₹95.0 million from ₹129.1 million in the same quarter last year. The company highlighted robust order book visibility and strategic focus on Battery Energy Storage Systems (BESS) for future growth. Key business updates include the commissioning of a 1.552GW module manufacturing facility and readiness of a 3.4 GW BESS facility.

Key Highlights

  • Total Income increased 121% YoY to ₹1780.3 million in Q1 FY27.
  • Profit After Tax (PAT) decreased 26% YoY to ₹95.0 million.
  • EBITDA margin declined to 11.6% from 26.2% YoY.
  • Total order book value stood at ₹27,275 million as of June 30, 2026.
  • New module and BESS manufacturing facilities are operational or ready.