Solex Energy Limited has submitted to the Exchange, the Audited Standalone & Consolidated Financial Results for the period ended March 31, 2026.
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Solex Energy Limited reported strong FY2026 consolidated results. Revenue from operations grew 144% to ₹16,180.63 million from ₹6,622.23 million in FY2025, driven by solar module manufacturing and EPC business expansion. Profit after tax surged 132.7% to ₹982.52 million from ₹422.26 million, with EPS at ₹88.88 (standalone ₹82.29). The company operates in a single segment — manufacturing modules and EPC in the solar energy market. A new wholly-owned subsidiary, Solex New Energy Private Limited, was incorporated in July 2025 to manufacture photovoltaic cells. Statutory auditors Maheshwari & Co. issued an unmodified opinion with no qualifications on both standalone and consolidated financials. The company re-appointed its Chairman & Managing Director Dr. Chetan Shah and Whole-Time Director Mr. Piyush Chandak.
The sharp revenue and PAT growth signals strong operational momentum in the solar energy sector. Unmodified auditor opinion and positive operating cash flow of ₹2,006.91 million (vs negative ₹404.58 million prior year) are reassuring for investors.