
Financial Highlights in Q2 FY27:
Total Revenue for Q2 FY27 stood at 82,743 million, reflecting 75.8% YoY growth.
Revenue performance was supported by strong module volumes, healthy product realizations, and steady execution.
- EBITDA stood at 7284 million with an EBITDA margin of 10.4%. The movement was attributable to lower capacity utilization during the regulatory procurement pause while fixed costs remained unchanged, coupled with shifts in product mix and working capital utilization.
- PAT for the quarter was 239 million with a PAT margin of 1.4%.
Key Business Highlights:
- Order inflows till date:
- Secured a major order worth $628.37 crore from a global renewable energy group for the supply of N-Type TOPCon 615/620 Wp Glass-to-Glass (G12R) solar PV modules, representing the largest single order secured during FY27.
- Received a work order worth $42.47 crore for the supply of N-Type TOPCon 620 Wp Glass-to-Glass (G12R) solar PV modules.
- Secured domestic work orders aggregating $74.77 crore for the supply of solar PV modules.
- Received a work order worth 275.96 crore for the supply of N-Type TOPCon 620 Wp Glass-to-Glass (G12R) solar PV modules.







