Australian Premium Solar FY26 net profit rises to ₹578.65M

Australian Premium Solar (India) Limited has reported its audited financial results for the fiscal year ended March 31, 2026. The company posted a consolidated net profit of ₹578.65M, a significant increase from ₹400.95M in the previous fiscal year. Revenue from operations for the year rose to ₹7,079.57M, compared to ₹4,388.77M in FY25, driven by strong operational performance across its subsidiaries.

Consolidated Financial Performance

The company's full-year results reflect robust growth in key profitability metrics. The following table summarises the audited consolidated financial figures for FY26:

Metric	FY26	FY25
Consolidated Net Profit	₹578.65M	₹400.95M
Revenue from Operations	₹7,079.57M	₹4,388.77M
Total Income	₹7,087.38M	₹4,411.40M
Total Expenses	₹6,272.88M	₹3,875.16M

The board of directors approved the audited standalone and consolidated financial results during a meeting held on May 22, 2026. The statutory auditors, M/s. Sanjay Bajoria & Associates, issued an audit report with an unmodified opinion on the results.

Standalone Results

On a standalone basis, the company reported a net profit of ₹565.15M for FY26, up from ₹391.26M in the previous year. Revenue from operations for the standalone entity increased to ₹6,889.53M from ₹4,328.03M in FY25. The paid-up equity share capital stood at ₹201.60M as of March 31, 2026, with a face value of ₹10 per share.

Subsidiary Performance

The consolidated financial results include the performance of subsidiaries such as M/s. APS Rooftop Solar Private Limited, M/s. APS Solar Pump Private Limited, M/s. APLUS Solar Cell Limited, and M/s. APS Renewable Energy Private Limited. The group's total assets stood at ₹3,871.69M as of March 31, 2026, compared to ₹2,115.25M in the previous year.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.53%	-0.28%	-6.58%	-20.95%	-28.25%	+138.95%

Australian Premium Solar (India) Ltd has received a Letter of Empanelment (LOE) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the execution of a solar project. The order entails the supply, installation, and commissioning of Off-Grid Solar Photovoltaic Water Pumping Systems (SPWPS) at identified farmer sites across various districts in Maharashtra. The company currently carries a market capitalisation of ₹700 crore.

Order Details

The project involves a total quantity of 5,000 systems. According to the regulatory filing, the approximate value of the order is more than ₹100 crore. The company indicated that the execution period will be as per the terms specified in the order.

Strategic Impact

Management stated that the receipt of this order is expected to enhance the company's customer base. Furthermore, the project is anticipated to contribute positively to the profitability of the company.

Key Contract Particulars

The following table outlines the significant details of the contract awarded by the government undertaking:

Sr. No.	Particulars	Details
1.	Name of the entity awarding the order	Maharashtra State Electricity Distribution Company Limited ("MSEDCL")
2.	Type of entity	Domestic entity
3.	Nature of order	Supply, Installation and Commissioning of Off-Grid Solar Photovoltaic Water Pumping Systems (SPWPS) at identified farmer's site in district of Maharashtra.
4.	Time period for execution	As per the terms of order
5.	Size of the order	Total quantity of 5,000 systems, approximate value of more than ₹100 crore.
6.	Promoter/Group interest in the entity awarding the order	No
7.	Related party transaction	No