Websol Energy System's Q2 FY 2026-27 Quarterly Results

Result Summary

• Websol Energy System Ltd reported a 3.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 113.0%.
• Its expenses for the quarter were down by 5.2% QoQ and up 131.8% YoY.
• The net profit increased 3.1% QoQ and increased 73.1% YoY.
• The earnings per share (EPS) of Websol Energy System Ltd stood at 1.85 during Q2 FY 2026-27.

Financial Statments for Q2 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Websol Energy System Ltd is a company operating in the renewable energy sector, primarily focusing on the production and distribution of photovoltaic solar cells and modules. The company plays a significant role in the solar power industry, which is pivotal in the global shift towards sustainable and renewable energy sources. As a manufacturer of solar technology, Websol Energy System Ltd is likely involved in the production processes that convert solar energy into electricity, contributing to the growing demand for clean energy solutions. While specific recent developments were not detailed in the provided data, companies in this sector typically engage in expanding their production capacities and innovating new technologies to improve efficiency and reduce costs.

Revenue

In the second quarter of the fiscal year 2027 (Q2FY27), Websol Energy System Ltd reported a total income of ₹365.33 crores. This marks a quarter-over-quarter (QoQ) decrease of 3.1% from ₹376.98 crores in Q1FY27. Despite this slight decline from the previous quarter, the total income showed significant year-over-year (YoY) growth of 113.0% compared to ₹171.51 crores in Q2FY26. This substantial YoY increase underscores a robust growth trajectory over the past year, indicating a significant expansion in the company's revenue stream, which aligns with broader industry trends of increasing adoption of renewable energy solutions.

Profitability

Websol Energy System Ltd's profitability in Q2FY27 is demonstrated by a profit before tax of ₹106.58 crores, reflecting a modest QoQ increase of 2.5% from ₹103.97 crores in Q1FY27. Compared to the same quarter in the previous year (Q2FY26), there is a notable YoY increase of 78.0% from ₹59.87 crores. After accounting for taxes, the profit after tax for Q2FY27 stands at ₹80.21 crores, which also shows a QoQ growth of 3.1% and a YoY rise of 73.1% from ₹46.34 crores in Q2FY26. These metrics highlight the company's ability to maintain and enhance its profitability despite fluctuations in revenue. Additionally, the earnings per share (EPS) for the quarter increased to ₹1.85, representing a QoQ growth of 3.4%.

Operating Metrics

The company's total expenses for Q2FY27 were reported at ₹258.75 crores, which is a decrease of 5.2% QoQ from ₹273.01 crores in Q1FY27. This reduction in expenses contrasts with the significant YoY increase of 131.8% from ₹111.64 crores in Q2FY26, reflecting changes in operational scale and cost management strategies over the past year. The tax expense for the quarter was ₹26.37 crores, showing a slight increase of 0.7% from the previous quarter's ₹26.18 crores, and a YoY increase of 94.9% compared to ₹13.53 crores in Q2FY26. These operating metrics provide insights into the company's expenditure and tax obligations, which are crucial for understanding its overall financial health and operational efficiency.