Key Financial Figures - Consolidated Results (INR lakhs)
Quarter Ended June 30, 2026:
- Revenue from operations: ₹15,555.63
- Other income: ₹1,647.62
- Total income: ₹15,719.93
- Total expenses: ₹11,023.86
- Profit before tax: ₹4,696.07
- Income tax expense: ₹893.20 (Current tax: ₹863.68, Deferred tax: ₹29.52)
- Profit after tax: ₹3,802.87
- Other Comprehensive Income: ₹225.85
- Total comprehensive income: ₹4,028.72
- Earnings per share (Basic & Diluted): ₹5.49
- Paid-up equity share capital: ₹13,846.90
Comparative Figures:
- March 31, 2026 Quarter: Revenue ₹17,388.06, PAT ₹3,923.80, EPS ₹5.67
- June 30, 2025 Quarter: Revenue ₹10,278.24, PAT ₹1,876.73, EPS ₹3.16
- FY26 Audited: Revenue ₹50,498.77, PAT ₹10,815.52, EPS ₹17.17
Key Financial Figures - Standalone Results (INR lakhs)
Quarter Ended June 30, 2026:
- Revenue from operations: ₹21,682.75
- Other income: ₹5,234.55
- Total income: ₹26,917.30
- Total expenses: ₹21,981.17
- Profit before tax: ₹4,936.13
- Income tax expense: ₹1,249.30 (Current tax: ₹1,383.77, Deferred tax: ₹-134.47)
- Profit after tax: ₹3,686.83
- Total comprehensive income: ₹3,684.56
- Earnings per share (Basic & Diluted): ₹0.53
- Paid-up equity share capital: ₹13,846.90
Segment Performance (Consolidated)
Quarter Ended June 30, 2026:
- Photovoltaics Modules: Revenue ₹16,843.13, Segment result ₹4,572.09
- EPC Projects: Revenue ₹450.12, Segment result ₹101.34
- Others: Revenue ₹105.87, Segment result ₹30.55
- Total segment revenue: ₹17,399.11
- Elimination: ₹-1,843.95
Subsidiary Information
The consolidated results include:
1. Emmvee Energy Private Limited (Subsidiary)
2. Emmvee Energy Inc (Subsidiary)
3. Emmvee Energy GmbH (Subsidiary)
4. Solarpark Emmvee Sokrates GmbH (Step-down Subsidiary)
5. Solarpark Doberschutz GmbH (Step-down Subsidiary)
6. Emmvee Verwaltungs GmbH (Step-down Subsidiary)
The auditor did not review financial results of one subsidiary and three step-down subsidiaries representing total revenues of ₹523.13 lakhs, net profit of ₹257.86 lakhs, and comprehensive income of ₹480.84 lakhs for the quarter.
IPO Utilization
The company completed its IPO comprising fresh issuance of 9,87,95,483 equity shares and offer for sale of 3,48,45,069 equity shares at issue price of ₹217 per share, raising ₹29,000 lakhs total.
Net IPO proceeds utilization as of June 30, 2026:
- Repayment/prepayment of borrowings: ₹16,212.90 lakhs (fully utilized)
- General corporate purposes: ₹4,387.10 lakhs (fully utilized)
- Total utilized: ₹20,600.00 lakhs
IPO-related expenses totaled ₹1,104.71 lakhs inclusive of taxes.
Dividend Declaration
The Board recommended a final dividend of ₹1 per equity share of ₹2 each for the year ended March 31, 2026, subject to shareholder approval in the ensuing Annual General Meeting.
Additional Information
- The company implemented new Labour Codes notified by Government of India on November 21, 2025, with impact not material
- Previous period figures have been regrouped where necessary
- Financial results will be hosted on company website: https://www.emmveepv.com/investors