Insolation Energy Limited has announced its unaudited financial results for the third quarter (Q3) and nine months (9M) of the financial year (FY) 2025-26. The company reported revenue of Rs 13.52 billion for 9M FY 2025-26, registering a 44 per cent year-on-year (YoY) growth, while Q3 FY 2025-26 revenue increased by 77 per cent YoY to Rs 5.75 billion. Furthermore, earnings before interest, tax, depreciation, and amortisation (EBITDA) for 9M FY 2025-26 stood at Rs 1.95 billion with a margin of 14 per cent, while Q3 FY 2025-26 EBITDA grew by 175 per cent YoY to Rs 0.81 billion. The profit after tax (PAT) stood at Rs 1.30 billion for 9M FY2025-26 and Rs 0.50billion for Q3 FY 2025-26.
Production and manufacturing update
During Q3 FY2025-26, the company achieved production of 356 MW and dispatches of 364 MW. The total installed solar module capacity has reached 5.5 GW. A strong order book of 2.1 GW provides clear demand visibility for the upcoming quarters. The company’s solar cell and aluminium frame manufacturing unit at Narmadapuram, Madhya Pradesh, is progressing as per schedule. This expansion will further strengthen Insolation Energy’s end-to-end manufacturing capabilities while enhancing cost efficiency and supply chain control.
Mr. Manish Gupta, Chairman, said: “EBITDA for Q3 FY26 stood at Rs 0.81 billion, reflecting a 2.7x growth compared to the same period last year. This strong performance was driven by an improved product mix, stringent cost controls, and operating leverage. Despite volatility in sector pricing, we have maintained EBITDA margins of 14 per cent and surpassed our full-year FY25 performance within the first nine months of FY26.”
Mr. Vikas Jain, Managing Director, added: “Automation, quality, and end-to-end manufacturing control remain central to our strategy. This expansion enables greater control over the value chain, ensuring sustainable competitive advantage and scalable long-term growth.”
The release has been slightly edited
