Insolation Energy Ltd, a Rajasthan based solar panel manufacturer, has reported consolidated revenue of INR 776.7 crore for the half year ended September 30, 2025 (H1 FY 2026), a 25.6% increase year-on-year. Profit after tax (net profit) surged 23.5% to INR 80.1 crore. EBITDA grew 30.6% to INR 113.8 crore.
“This performance highlights the strengths of our business model and focused execution approach. Despite industry wide challenges arising from an extended monsoon period, we continued to deliver robust growth supported by strong demand across all our customer segments,” said Manish Gupta, Chairman of Insolation Energy.
Gupta said the company’s already commissioned new 3 GW solar module plant and the upcoming commissioning of 1.5 GW by Q3 FY26 end positions it strongly for the second half of the year, allowing to fulfil customer needs.
Deepening it vertical integration, Insolation Energy has already started construction work on its 4.5 GW solar cell manufacturing plant and 18,000 MTPA aluminium frame manufacturing and expects to commercialise it by H2 FY 27.
Vikas Jain, managing director of Insolation Energy, attributed the 25.6% YoY rise in consolidated revenues to greater acceptance of their solar module products. “We saw benefits of scale accruing to our EBITDA resulting in margin increase of 60 bps to 14.7%,” he added.
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