Solex Energy Limited, an India-based PV module manufacturer, has reported its Q3 and 9MFY26 financial results. According to the report, 9MFY26 revenue reached INR 7,351 million (~ $80.86 million), compared with INR 4,100 million (~ $45.10 million) in the prior-year period, reflecting a 79.3% increase. EBITDA was INR 881 million (~ $9.69 million), compared with INR 510.7 million (~ $5.62 million) year-over-year, reflecting a 72.5% increase. Net profit stood at INR 394 million (~ $4.33 million), compared with INR 271.2 million (~ $2.98 million) in the same period last year, reflecting a 45.3% increase. The company attributed its performance to strong demand for high-efficiency n-Type modules and disciplined execution across key projects. Operational highlights included starting commercial production at a 2.2 GW facility in November 2025 and securing a 544.62 Crore order (~ $59.91 million) from Zelestra Group. Management targets 1,700 to 1,800 Crores revenue for FY26 (~ $187.00–$217.80 million) as the new facility continues to ramp up production.
Solex Energy reports Q3 and 9MFY26 financial results
Fiscal Q3 and 9MFY26 performance from Solex Energy shows strong YoY revenue and EBITDA growth supported by n-Type module demand and new PV manufacturing capacity ramp-up,
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