Websol Energy Q1 Profit Nearly Triples on Strong Sales

12 Aug 2025 CW Team

Websol Energy System Limited, a leading Indian manufacturer of high-efficiency solar cells and modules, has posted a robust performance for the quarter ended 30 June 2025, with Profit After Tax (PAT) surging 193.7 per cent year-on-year to Rs 670 million. This was driven by strong sales growth, improved margins, and sustained demand for high-efficiency solar products.

Revenue from operations rose 96 per cent year-on-year to Rs 2.19 billion, compared with Rs 1.12 billion in Q1 FY25. EBITDA more than doubled to Rs 1.04 billion from Rs 440 million in the prior-year quarter, with margins improving to 47.3 per cent from 39.4 per cent. PAT margins strengthened to 30.4 per cent from 20.5 per cent.

The company achieved more than 90 per cent effective capacity utilisation of its existing cell line and remains on track with Phase II expansion of a 600 MW Mono PERC line. Trial production is scheduled for September 2025, with commercial operations expected in October 2025, increasing total solar cell manufacturing capacity to 1.2 GW.

Phase II is fully funded through internal accruals, reflecting Websol’s strong financial position. The company also launched solar kits for the domestic market and is finalising agreements with national and regional players to supply products for government initiatives such as the PM-KUSUM Solar Pumps Project and Domestic Content Requirement (DCR) framework.

Managing Director Sohan Lal Agarwal stated that the strong quarterly results align with the company’s long-term strategic roadmap. He added that Websol is committed to innovation, operational excellence, and scaling up capacity to meet India’s renewable energy targets while tapping into emerging export markets.

Infrastructure Urban

11 Mar 2026

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..