Quarterly Result10 Aug 2026, 10:00 pm
Websol Energy Q1FY27 Revenue Surges 70% to ₹373 Cr; Prepays IREDA Loan
AI Summary
Websol Energy System Limited announced its unaudited financial results for Q1FY27, reporting a significant 70% year-on-year revenue growth to ₹372.60 crore. EBITDA increased by 21% to ₹125.58 crore, and PAT rose by 16% to ₹77.79 crore. The company also reported a substantial increase in module production to 103 MW and cell production to 259 MW, with capacity utilization reaching 81% for modules and 92% for cells. A key highlight was the prepayment of its entire ₹110 crore term loan from IREDA using internal accruals, leading to the release of promoter-pledged shares. The company is also upgrading a solar cell line to TOPCon technology, aiming for 750 MW TOPCon capacity by March 2027.
Key Highlights
- Revenue from operations grew 70% YoY to ₹372.60 crore in Q1FY27.
- EBITDA and PAT increased by 21% and 16% respectively.
- Module and cell production volumes saw significant year-on-year increases.
- Company prepaid ₹110 crore IREDA term loan using internal accruals.
- Expansion project to upgrade cell lines to TOPCon technology is underway.
Price Impact
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