04-Nov-2026 19:50:43
WEBELSOLARExpansion
WEBSOL Q2 : STANDALONE NET PROFIT UP 73.2% AT ₹80.21 CR (YOY), UP 3.1% (QOQ). STRONG (ON 1ST LOOK)
• Revenue up 114.6% at ₹361.02 Cr (YOY), down 3.1% (QOQ). • PBT up 78.1% at ₹106.58 Cr (YOY), up 2.5% (QOQ). • Board approved entry into EPC, solar IPP including solar parks, and energy trading. • Board approved subscribing 40% of Bright Earth Cell (related party) at face value; it will become an associate. • Board approved incorporation of wholly-owned subsidiary SPVs for the other businesses. • Repaid IREDA term loan on 4 Aug 2026 from internal accruals; liability fully discharged.
Websol Energy System Ltd
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