Alpex Solar Limited, an India-based PV module manufacturer, has reported its Q3 FY2026 financial results. According to the report, revenue reached INR 648 Crore (~ $71.28 million), compared with INR 187 Crore (~ $20.57 million) in the prior-year quarter, reflecting a 246.52% increase. EBITDA was INR 91 Crore (~ $10.01 million), compared with INR 37 Crore (~ $4.07 million) year-over-year, reflecting a 145.95% increase. Net profit stood at INR 54 Crore (~ $5.94 million), compared with INR 23 Crore (~ $2.53 million) in the same period last year, reflecting a 134.78% increase. The company attributed this performance to steady operational progress and strong demand across its aligned business verticals, including modules and EPC. Operational highlights included expanding solar module capacity to 2.4 GW and progressing with a 2.2 GW G12R TOPCon solar cell facility. Management expects continued growth with guidance for 2X performance growth for the next two fiscal years as it builds a globally competitive renewable energy platform.