Solex Energy Limited, a manufacturer of PV modules in India, recently announced its H1 FY26 financial report. The company's revenue in the first half of FY26 increased by 51.6% YoY to INR 4,157 million (~ $45.7 million). EBITDA rose by 131% YoY to INR 609 million (~ $6.7 million), and margins improved by 503 basis points to 14.7%. Profit After Tax (PAT) was up 133.2% YoY to INR 305 million (~ $3.4 million) while its PAT margin was 7.3%. Return ratios for the company remained strong, with ROCE at 26.1% and ROE at 32.4%. According to Chairman and Managing Director Dr. Chetan Shah, production Lines 3 and 4 have been commissioned, allowing full module capacity utilization in the second half of FY26. Solex Energy has recently exhibited its maiden Back contact module at REI 2025.