Websol Energy System Ltd Share Price – NSE /  BSE

Capital Goods - Electrical Equipment, Small Cap

Net profit of Websol Energy System rose 56.35% to Rs 64.98 crore in the quarter ended December 2025 as against Rs 41.56 crore during the previous quarter ended December 2024. Sales rose 77.19% to Rs 261.02 crore in the quarter ended December 2025 as against Rs 147.31 crore during the previous quarter ended December 2024.

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Websol Energy System will hold a meeting of the Board of Directors of the Company on 29 January 2026.

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The approval was granted through a government order issued by the state?s Industries & Commerce Department, following a memorandum of understanding signed with the Andhra Pradesh Economic Development Board (APEDB) on November 15, 2025, the company said in a statement.

Under the approval, the state government has extended an incentive package that includes allotment of land, fixed capital investment subsidy, power tariff reimbursement, electricity duty exemption, subsidy on industrial water charges, and exemption from stamp duty and registration charges.

As part of the project, Websol also plans to set up a 100 MW captive solar power plant to support the manufacturing facility. The captive plant is expected to ensure reliable access to renewable energy and help achieve operating cost efficiencies, the company added.

Commenting on this Government Order, Sohan Lal Agarwal, MD, Websol Energy System said: ?As India advances its renewable energy ambitions alongside the Atmanirbhar Bharat initiative, the approval received from the Government of Andhra Pradesh allows Websol to make a meaningful and exciting contribution with its own expansion plans.

The supportive industrial ecosystem in Andhra Pradesh provides a strong manufacturing platform for executing our 4 GW solar cell and 4 GW solar module growth strategy. We look forward to keeping our stakeholders updated on the developments of this expansion plan.?

Websol Energy System manufactures solar photovoltaic cells and modules in India. The company supplies solar cells primarily within India, supporting module manufacturers to comply with Domestic Content Requirement norms, while its modules are marketed both in India and internationally.

The company reported a standalone net profit of Rs 46.32 crore in Q2 FY26, up 10.3% from Rs 41.98 crore in Q2 FY25. However, revenue from operations rose 17.2% year-on-year (YoY) to Rs 168.22 crore in Q2 FY26.

Shares of Websol Energy System rose 0.77% to Rs 83.79 on the BSE.

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Websol Energy System announced that the Government of Andhra Pradesh, through its Industries & Commerce Department, has issued a Government Order approving the Company's proposed greenfield 4 GW solar cell and solar module project. The manufacturing facility is located at MPSEZ, Naidupeta, Tirupati district in Andhra Pradesh. This approval follows the Memorandum of Understanding signed with the Andhra Pradesh Economic Development Board (APEDB) on 15 November 2025.

The Government of Andhra Pradesh has granted an incentive package for the allotment of land, fixed capital investment subsidy, power tariff reimbursement, electricity duty exemption, subsidy on industrial water charges and exemption from stamp duty and other registration charges.

As part of the manufacturing facility, Websol is planning to develop a 100 MW captive solar power plant as well. The captive power plant will support reliable access to renewable energy for the manufacturing facility and result in operating cost efficiencies.

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