Fujiyama Solar Reports Strong Q2 FY26 With 73% Revenue Growth

09 Dec 2025 CW Team

Fujiyama Power Systems Ltd has posted a strong performance for Q2 FY26 with Revenue from Operations rising 72.6 per cent year-on-year to Rs 5,679 million. EBITDA for the quarter stood at Rs 1,030 million, reflecting a margin of 18.1 per cent, while PAT increased to Rs 629 million with an 11.1 per cent margin. Earnings per share for the period was Rs 2.25. For H1 FY26, Revenue from Operations increased 61.5 per cent to Rs 11,653 million, and EBITDA reached Rs 2,089 million with a margin of 17.9 per cent. PAT for the half-year was Rs 1,305 million. Total debt as of 30 September 2025 stood at Rs 6,740 million, with net debt-to-equity at 1.26x and a post-IPO proforma ratio of 0.35x. The company reported ROCE of 25.1 per cent and ROE of 24.7 per cent for H1 FY26. Fujiyama is progressing expansion plans, including a 1 GW DCR solar cell facility in Dadri targeted for Q3 FY26 and a 2 GW fully integrated SPGS manufacturing plant in Ratlam scheduled for commissioning in Q4 FY26. The company’s B2C segment contributed 91.7 per cent of revenue in H1 FY26, supported by rapid expansion of its retail network. The product mix continued to shift towards solar panels, contributing 45.4 per cent of revenue in H1 FY26, compared with 36.5 per cent a year earlier. The company also announced cricketer Surya Kumar Yadav as its new brand ambassador to boost visibility and brand connect across households. Chairman and Joint Managing Director Pawan Kumar Garg said the strong financial performance reflects scale benefits, disciplined operations and efficiencies from backward integration. He noted that policy support, rising adoption of rooftop systems and growing demand in Tier-2 and Tier-3 cities are creating sustained opportunities for residential and distributed solar. Fujiyama added more than 70 distributors, 350 dealers and 20 exclusive stores during the quarter, taking its channel network to over 7,500 partners. The company aims to strengthen its nationwide presence, enhance manufacturing capacity and continue improving cost structures as India targets 300 GW of installed solar capacity by 2030.

Real Estate

07 Aug 2026

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..