Websol Energy System Ltd

Net profit of Websol Energy System rose 56.35% to Rs 64.98 crore in the quarter ended December 2025 as against Rs 41.56 crore during the previous quarter ended December 2024. Sales rose 77.19% to Rs 261.02 crore in the quarter ended December 2025 as against Rs 147.31 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales261.02147.31 77 OPM %40.7845.84 - PBDT104.2562.86 66 PBT88.1148.12 83 NP64.9841.56 56 Powered by Capital Market - Live

Websol Energy System will hold a meeting of the Board of Directors of the Company on 29 January 2026.Powered by Capital Market - Live

The approval was granted through a government order issued by the state's Industries & Commerce Department, following a memorandum of understanding signed with the Andhra Pradesh Economic Development Board (APEDB) on November 15, 2025, the company said in a statement. Under the approval, the state government has extended an incentive package that includes allotment of land, fixed capital investment subsidy, power tariff reimbursement, electricity duty exemption, subsidy on industrial water charges, and exemption from stamp duty and registration charges. As part of the project, Websol also plans to set up a 100 MW captive solar power plant to support the manufacturing facility. The captive plant is expected to ensure reliable access to renewable energy and help achieve operating cost efficiencies, the company added. Commenting on this Government Order, Sohan Lal Agarwal, MD, Websol Energy System said: 'As India advances its renewable energy ambitions alongside the Atmanirbhar Bharat initiative, the approval received from the Government of Andhra Pradesh allows Websol to make a meaningful and exciting contribution with its own expansion plans. The supportive industrial ecosystem in Andhra Pradesh provides a strong manufacturing platform for executing our 4 GW solar cell and 4 GW solar module growth strategy. We look forward to keeping our stakeholders updated on the developments of this expansion plan.' Websol Energy System manufactures solar photovoltaic cells and modules in India. The company supplies solar cells primarily within India, supporting module manufacturers to comply with Domestic Content Requirement norms, while its modules are marketed both in India and internationally. The company reported a standalone net profit of Rs 46.32 crore in Q2 FY26, up 10.3% from Rs 41.98 crore in Q2 FY25. However, revenue from operations rose 17.2% year-on-year (YoY) to Rs 168.22 crore in Q2 FY26. Shares of Websol Energy System rose 0.77% to Rs 83.79 on the BSE. Powered by Capital Market - Live

Websol Energy System announced that the Government of Andhra Pradesh, through its Industries & Commerce Department, has issued a Government Order approving the Company's proposed greenfield 4 GW solar cell and solar module project. The manufacturing facility is located at MPSEZ, Naidupeta, Tirupati district in Andhra Pradesh. This approval follows the Memorandum of Understanding signed with the Andhra Pradesh Economic Development Board (APEDB) on 15 November 2025. The Government of Andhra Pradesh has granted an incentive package for the allotment of land, fixed capital investment subsidy, power tariff reimbursement, electricity duty exemption, subsidy on industrial water charges and exemption from stamp duty and other registration charges. As part of the manufacturing facility, Websol is planning to develop a 100 MW captive solar power plant as well. The captive power plant will support reliable access to renewable energy for the manufacturing facility and result in operating cost efficiencies. Powered by Capital Market - Live

According to an exchange filing, both companies will explore opportunities to manufacture photovoltaic (PV) ingots and wafers in India. As part of the collaboration, Websol plans to acquire PV ingot and wafer manufacturing equipment from Linton. Linton will also provide technical expertise, training, and skills development to Websol's team to ensure optimal operation of the equipment and related processes. Linton Crystal Technologies, headquartered in Rochester, New York, is a global leader in the design and manufacturing of Czochralski (CZ) furnaces and process control systems. It offers comprehensive solutions for growing high-quality crystals, including those used in the photovoltaic industry. With over three decades of innovation, Linton provides a wide range of equipment, from CZ growers to crystal processing equipment, enabling the efficient production of ingots and wafers for solar applications. The company stated that as India accelerates its solar capacity expansion in the coming years, the partnership is expected to support the country's energy security and sustainability objectives while positioning Websol at the forefront of technological advancement in the solar manufacturing sector. Sohan Lal Agarwal, managing director of Websol Energy System, said, 'This partnership with Linton represents yet another milestone in Websol's strategic journey in building India's fully integrated solar manufacturing ecosystem. By exploring PV ingot and wafer manufacturing capabilities, we aim to reduce our dependence on key raw material imports and enhance the company's technology base. Linton is our ideal partner, given their global expertise in ingot and wafer technologies, along with three decades of experience in solar cell and module manufacturing. Together we are well positioned to capture the next wave of opportunities in India's rapidly evolving solar industry.' Websol Energy System manufactures solar photovoltaic cells and modules in India. The company supplies solar cells primarily within India, supporting module manufacturers to comply with Domestic Content Requirement norms, while its modules are marketed both in India and internationally. The company reported a standalone net profit of Rs 46.32 crore in Q2 FY26, up 10.3% from Rs 41.98 crore in Q2 FY25. However, revenue from operations rose 17.2% year-on-year (YoY) to Rs 168.22 crore in Q2 FY26. Powered by Capital Market - Live

Websol Energy System has entered into a Memorandum of Understanding (MoU) with Linton, a global leader in PV ingot and wafer equipment technology. Both parties have agreed to explore the opportunity of manufacturing Photovoltaic (PV) ingots and wafers in India, where Websol intends to acquire PV ingot and wafer manufacturing equipment from Linton. As part of this relationship, Linton will also extend technical expertise, including the training and skills development of Websol's team, to ensure equipment related operations and processes are optimised. Linton Crystal Technologies, headquartered in Rochester, New York, is a global leader in the design and manufacturing of Czochralski (CZ) furnaces and process control systems. It offers comprehensive solutions for growing high-quality crystals, including those used in the photovoltaic industry. With over three decades of innovation, Linton provides a wide range of equipment, from CZ growers to crystal processing equipment, enabling the efficient production of ingots and wafers for solar applications. Powered by Capital Market - Live

Websol Energy System has entered into a Memorandum of Understanding (MoU) with Andhra Pradesh Economic Development Board (APEDB). This MoU, entered into by Websol Renewables, a wholly owned subsidiary of Websol, is the initial stage of exploring the development of a 4 GW integrated solar cell and module manufacturing facility in Andhra Pradesh. Powered by Capital Market - Live

Net profit of Websol Energy System rose 10.34% to Rs 46.32 crore in the quarter ended September 2025 as against Rs 41.98 crore during the previous quarter ended September 2024. Sales rose 17.19% to Rs 168.22 crore in the quarter ended September 2025 as against Rs 143.55 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales168.22143.55 17 OPM %42.9743.65 - PBDT70.8457.17 24 PBT59.8548.61 23 NP46.3241.98 10 Powered by Capital Market - Live

Websol Energy System has fixed 14 November 2025 as record date for determining the eligibility of the equity shareholders for the purpose of sub-division/ split of equity shares of the Company, such that 1 (One) equity share having face value of Rs. 10/- (Rupees Ten Only) each, fully paid-up, be sub divided/ split into 10 (Ten) equity shares having face value of Rs. 1/- (Rupee One Only) each. Powered by Capital Market - Live

Websol Energy System will hold a meeting of the Board of Directors of the Company on 3 November 2025.Powered by Capital Market - Live