Websol Energy System Limited held its Board Meeting on Monday, 10th August, 2026, which commenced at 01:45 PM and concluded at 04:30 PM. The meeting was conducted pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Results

The Board approved the Unaudited Financial Results (Standalone & Consolidated) for the quarter ended 30th June, 2026:

Standalone Financial Results (₹ in crore):

  • Revenue from Operations: ₹327.10
  • Total Income: ₹331.10
  • Profit Before Tax: ₹103.97
  • Tax Expense: ₹26.18 (Current Tax: ₹25.39, Deferred Tax: ₹0.79)
  • Profit for the Period: ₹77.79
  • Total Comprehensive Income: ₹77.78
  • Basic EPS: ₹1.79
  • Diluted EPS: ₹1.79

Consolidated Financial Results (₹ in crore):

  • Revenue from Operations: ₹372.60
  • Total Income: ₹376.98
  • Profit Before Tax: ₹103.97
  • Tax Expense: ₹26.18 (Current Tax: ₹25.39, Deferred Tax: ₹0.79)
  • Profit for the Period: ₹77.79
  • Total Comprehensive Income: ₹77.78
  • Basic EPS: ₹1.79
  • Diluted EPS: ₹1.79

The financial results were reviewed by the statutory auditors, G.P. Agrawal & Co., who issued unqualified limited review reports.

Board Appointments and Changes

1. Mr. Sanjay Kumar (DIN: 11820120) was appointed as an Additional Director in the category of Non-Executive Non-Independent Director with effect from August 10, 2026, liable to retire by rotation. Mr. Kumar is a senior energy industry professional with 39 years of experience, including executive roles at Hindustan Petroleum Corporation Limited (HPCL).

2. Mr. Dinesh Agarwal (DIN: 02722380) was appointed as an Additional Director in the category of Non-Executive Independent Director with effect from August 10, 2026, for a term of 5 years subject to shareholder approval at the ensuing Annual General Meeting. Mr. Agarwal is a retired Partner from Ernst & Young LLP with over 33 years of experience in tax, regulatory and governance advisory.

3. Mr. Rajeewa R Arya (DIN: 10620120), a director retiring by rotation at the ensuing Annual General Meeting, expressed unwillingness for reappointment due to personal reasons and will retire at the conclusion of the AGM.

Management Appointment

Mr. Ashok Purohit (Membership No.: F7490) was appointed as Company Secretary & Compliance Officer of the Company with effect from August 10, 2026, pursuant to Section 203 of the Companies Act, 2013. Mr. Purohit is a Fellow Member of ICSI with expertise in corporate laws and securities regulations.

Post-Quarter Development

The Company repaid the outstanding term loan availed from Indian Renewable Energy Development Agency Limited (IREDA) on 4th August, 2026, from internal accruals. The outstanding liability stands fully discharged. The loan amount was not quantified in the disclosure.

Other Information

The Company's business activity falls within a single segment of manufacturing Solar photovoltaic cells and modules. The consolidated results include wholly-owned subsidiary Websol Renewables Private Limited, incorporated on 13th October, 2025, which has not commenced operations.

The financial results will be available on the company's website (www.websolenergy.com) and stock exchange websites.