SW SOLAR Results Analysis-Q1FY26

Operating Revenue for Q1FY26 is Rs. 1,762 Crs., 92.5% growth YoY (1, aided by higher execution pace in Domestic and International EPC projects, despite domestic execution challenges due to cross-border tension), Total Income is Rs. 1,783 Crs.,92% growth YoY, EBITDA is Rs. 85 Crs., 246% growth YoY, EBITDA Margin is 4.85% improved by 215 Basis points YoY, PBT Rs. 75 Crs., 409% growth YoY, PAT Rs. 39 Crs., 701% growth YoY. On QoQ basis Op. Revenue is down by 30%, Total Income is down by 28.9%, EBITDA is down by 36%, EBITDA Margins are reduced by 45 basis points, PBT is down by 13.9% and PAT is down by 29.7%.