Solarworld Energy Solutions Posts 77% YoY Revenue

Solarworld Energy Solutions Limited (BSE: 544532 | NSE: SOLARWORLD) reported strong top-line momentum for the second quarter and half year ended September 30, 2026, driven by rapid expansion across both its Engineering, Procurement and Construction (EPC) and manufacturing operations. While consolidated revenue from operations jumped 76.9% year-on-year (YoY) in Q2 FY27, net profit moderated due to higher material, finance, and operating costs. - Key Highlights - Strong Top-Line Growth: Consolidated revenue from operations rose 76.9% YoY to ₹2,439.71 million in Q2 FY27 (up from ₹1,378.78 million in Q2 FY26), while half-yearly (H1 FY27) revenue doubled to ₹4,123.93 million from ₹2,061.15 million a year earlier. Profitability & Margins: Consolidated net profit (PAT) stood at ₹41.89 million in Q2 FY27 compared to ₹92.90 million in Q2 FY26, with H1 FY27 PAT at ₹136.89 million against ₹222.01 million in H1 FY26. Standalone Performance: On a standalone basis, Q2 FY27 revenue grew 33.2% YoY to ₹1,688.87 million, generating a net profit of ₹102.65 million (vs. ₹152.37 million in Q2 FY26). Pivot to 2.4 GW Solar Cell JV: Shareholders approved reallocating ₹4,200 million of unutilised IPO proceeds toward Rays Green Energy Manufacturing Private Limited to part-finance a 2.4 GW n-type TOPCon solar cell plant in Narmadapuram, Madhya Pradesh; Solarworld subsequently acquired a 50% stake in Rays Green on October 31, 2026. Favourable Legal Ruling Against SJVN: The Dispute Adjudication Board (DAB) awarded ₹402.67 million in favour of Solarworld in its dispute with SJVN Green Energy Limited over suspended 360 MW solar EPC contracts. Read Disclaimer Disclosure : Link Given BIO VIKRAMSOLR