New Delhi: In a filing to the bourses, Websol Energy Systems Ltd reported a revenue of Rs.173 crore in Q4 FY2025 from Rs.24.9 crore in Q4 FY2024, an almost 6-fold increase. The company’s net profit increased by 16.1% from the December 2024 quarter, with a revenue increase of 17.4%.
For FY2025, Websol recorded a Rs. 575.5 crore revenue and a net profit of Rs. 154.7 crore. A rising demand for high-quality and efficient solar solutions has helped the company bounce back from a net loss of Rs. 5.86 crore in Q4 FY2024.
Commenting on the performance, Mr. Sohan Lal Agarwal, Managing Director at Websol Energy said:
“Over the past year, Websol made significant progress as full-scale production resumed after upgrade to our 600 MW Mono PERC Bifacial Solar Cell line. This return to operations contributed to a 20x plus increase in revenue, reaching Rs.5,755 million, reflecting strong industry-wide demand for high-performance solar solutions across both Indian and International markets. This is reflected in the EBITDA margin of 44.2% and a PAT margin of 26.9%.
The Indian solar industry continues to expand rapidly, supported by government policies and a strong push towards renewable energy adoption. Initiatives such as the Production Linked Incentive (PLI) scheme and the PM Surya Ghar Muft Bijli Yojana are driving Indian manufacturing and rooftop solar adoption. This in turn creates opportunities for companies such as Websol that are focused on high-efficiency solar technology. With the country aiming for 280 GW of solar capacity by 2030, demand for advanced solar products is growing and Websol remains well-positioned to support this transition with its technology”
Websol has secured many high-value contracts recently, where many analysts recommend a ‘buy’ outlook. The company has also bagged export orders to the US, UK and Africa, besides large orders from Luminous Power Technologies and CRI Pumps.
