Websol Energy System Limited has announced its Q3FY26 financial results, reporting total income from operations of ₹261.02 crores for the quarter ended December 31, 2025. The leading solar cells and modules manufacturer demonstrated robust financial performance with significant growth across key metrics.

Financial Performance Highlights

The company's Q3FY26 results show strong operational performance with substantial improvements in profitability metrics:

Nine-Month Performance

For the nine months ended December 31, 2025, Websol Energy System maintained consistent growth trajectory:

Earnings Per Share Performance

The company's earnings per share showed positive momentum across both standalone and consolidated results:

Regulatory Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on January 29, 2026. The company has filed these unaudited standalone and consolidated financial results with stock exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company Background

Websol Energy System Limited operates as one of India's leading manufacturers of high-efficiency solar cells and solar modules in the renewable energy sector. The company maintains its registered office at 52/1, Shakespeare Sarani, Unimark Asian, 8th Floor, Kolkata-700 017, and continues to focus on solar technology solutions. The paid-up equity share capital remains at ₹42.21 crores with a face value of ₹1 per share.

Websol Energy System has secured a significant milestone with the Andhra Pradesh government's approval for its ambitious 4 GW solar manufacturing project. The Government of Andhra Pradesh, through its Industries & Commerce Department, has issued a Government Order approving the company's proposed greenfield solar cell and solar module manufacturing facility. The project will be located at MPSEZ, Naidupeta, in Tirupati district, Andhra Pradesh.

Government Approval and Incentive Package

The Andhra Pradesh government's comprehensive incentive package significantly enhances the project's viability by reducing both upfront and operating costs. The package includes land benefits, subsidies, and duty exemptions that will support the manufacturing operations.

The company plans to establish a 100 MW captive solar power plant alongside the manufacturing facility. This captive power unit will ensure a reliable renewable energy supply, enhance sustainability credentials, and support long-term cost efficiency for the proposed manufacturing operations.

Strong Financial Performance

Websol Energy System delivered robust quarterly results in Q2FY26, demonstrating healthy operational performance across key metrics.

The financial results reflect healthy demand conditions and improved operating stability during the quarter, supporting the company's expansion plans.

Manufacturing Capacity and Operational Excellence

The company has successfully commissioned its Phase II 600 MW mono-PERC solar cell line on 27 September 2025, completing the project execution in under 12 months. The self-funded project achieved impressive operational metrics, including 23.6% peak cell efficiency in the first month of operations and crossed 60% capacity utilization by November 2025.

Websol Energy System is operating at high capacity utilization rates across its manufacturing facilities:

Market Position and Client Base

The company maintains a diversified client portfolio that includes prominent names such as Rayzon, Goldi, Luminous, Exide, and Panasonic. This diversified client base reduces concentration risk and supports stable, scalable operations for the company's manufacturing facilities.

Websol Energy System operates as an Indian solar manufacturing company with a focus on high-efficiency photovoltaic cells and modules. With decades of experience in the sector, strong in-house manufacturing capabilities, and a growing domestic client base, the company plays a key role in India's renewable energy ecosystem and supports the country's solar manufacturing expansion initiatives.