Emmvee Photovoltaic Power Limited announced its unaudited financial results for the quarter ended December 31, 2025, marking another milestone since its stock exchange listing in November 2025. The Board of Directors approved these results during their meeting held on January 15, 2026, which commenced at 12:15 PM and concluded at 12:40 PM.

Consolidated Financial Performance

The company delivered strong consolidated financial performance for Q3FY26, demonstrating significant growth across key metrics.

For the nine-month period ended December 31, 2025, the company achieved consolidated revenue of ₹3,31,107.11 lakhs and net profit of ₹68,917.16 lakhs, compared to ₹1,26,393.70 lakhs revenue and ₹16,187.82 lakhs net profit for the corresponding period in the previous year.

Standalone Results

The standalone financial results showed different performance metrics, reflecting the parent company's individual operations.

Segment Performance Analysis

The company operates through three main business segments, with photovoltaic modules being the primary revenue driver.

The photovoltaic modules segment contributed the majority of revenue, while the EPC (Engineering, Procurement, and Construction) segment and other operations provided additional revenue streams.

Corporate Structure and IPO Details

The results encompass the holding company and its subsidiaries, including Emmvee Energy Private Limited, Emmvee Energy Inc, Emmvee Energy GmbH, and three step-down subsidiaries. The company completed its Initial Public Offering comprising a fresh issuance of 9,87,95,483 equity shares and an Offer for Sale of 3,48,45,069 equity shares at ₹217 per share. The company raised ₹2,90,000 lakhs in total, with ₹2,14,386.20 lakhs from fresh issuance. The shares were listed on BSE Limited and National Stock Exchange of India Limited on November 18, 2025.

Key Financial Highlights

The company implemented a bonus share allotment of 53,95,90,500 equity shares in a 10:1 ratio following shareholder approval on April 18, 2025. IPO-related expenses totaled ₹11,047.08 lakhs, with ₹2,397.23 lakhs utilized during the quarter and ₹8,649.85 lakhs remaining unutilized as of December 31, 2025. The company utilized ₹1,62,129.00 lakhs for debt repayment and ₹33,614.00 lakhs for general corporate purposes, leaving ₹10,257.00 lakhs unutilized from IPO proceeds.

Investment and Strategic Developments

During Q3FY26, the group made a strategic investment through its subsidiary Emmvee Energy Private Limited, entering into a shareholders agreement with Hero Rooftop Energy Private Limited. The investment of ₹854.19 lakhs secured a 14.35% stake in Clean Renewable Energy KK 1C Private Limited, aimed at facilitating renewable energy procurement under the Group Captive Consumption model.

Emmvee Photovoltaic Power Limited has announced an important administrative update regarding its Corporate Identification Number (CIN) following its recent listing on major Indian stock exchanges. The solar energy company, which has been operating since 1992, communicated this regulatory change to both BSE Limited and National Stock Exchange of India Limited on January 15, 2026.

Corporate Identification Number Update

The company's CIN has been officially modified by the Ministry of Corporate Affairs as part of the listing compliance process. This change reflects the company's transition from a private limited entity to a publicly listed corporation.

Regulatory Compliance and Stock Exchange Notification

The CIN modification was requested by the company following its equity shares listing on recognized stock exchanges. The change represents a standard regulatory requirement for companies transitioning to public listing status. Company Secretary and Compliance Officer Shailesha Barve formally communicated this update to both exchanges, ensuring full transparency and regulatory compliance.

The company trades on BSE Limited under scrip code 544608 and on National Stock Exchange of India Limited under the symbol EMMVEE. This administrative change does not affect the company's trading operations or business activities.

Information Accessibility

Emmvee Photovoltaic Power Limited has made this information readily available to investors and stakeholders through its official investor relations portal. The company maintains its registered office at 13/1, International Airport Road, Bettahalasuru Post, Bengaluru, Karnataka, and continues its operations in the solar energy sector with the updated corporate identification number.

This CIN update represents a routine administrative procedure that publicly listed companies undergo as part of their regulatory compliance framework with Indian corporate authorities.