Solex Energy Reports Significant Revenue Growth, Surpassing ₹1,600 Crore Milestone in FY26
Surat, May 08, 2026: Solex Energy Limited, a specialist in manufacturing Solar Photovoltaic (PV) modules and providing EPC services, today announced its revenue performance for the fourth quarter and the full fiscal year ending March 31, 2026. The results highlight a substantial surge in revenue from operations for both the quarter and the fiscal year.According to the company’s announcement, Solex reported robust financial figures for the period. The performance across key metrics, detailed in the table below, showcases significant year-over-year growth.
| Particulars (in ₹ millions) | Q4FY26 | Q4FY25 | %Change | FY26 | FY25 | %Change |
|---|---|---|---|---|---|---|
| Revenue from Operations | 8855.3 | 2544 | 248.1% | 16180.6 | 6622.2 | 144.3% |
Commenting on the operational performance, Solex Energy CEO and Managing Director, Dr. Chetan Shah, highlighted that the company delivered strong results in Q4 and FY26. He noted that the growth was reflective of improved capacity utilization and disciplined execution of key projects, meeting rising demand for high-efficiency N-Type modules.
Dr. Shah also pointed out that in FY26, Solex successfully executed over 200 diverse EPC projects. These projects spanned various sectors, including solar parks, industrial ecosystems, textiles, and infrastructure. Furthermore, the company maintains a robust order book exceeding ₹4,000 crores, which is expected to ensure a strong revenue pipeline over the next 15 to 18 months.
Solex Energy Limited is established as a pioneer in India's solar manufacturing sector, having been in operation since 1995. The company operates a state-of-the-art, Industry 4.0 enabled, fully automated manufacturing facility located at Tadkeshwar, Gujarat. This facility boasts a production capacity of 4 GW for photovoltaic modules.
Beyond manufacturing PV modules, Solex provides comprehensive EPC solutions across utility-scale, commercial, industrial, and institutional segments, reinforcing its role as a long-term energy partner committed to accelerating the transition to clean energy in India.
SOLEX Stock Price Movement
Shares of Solex Energy Limited are gaining 1.05% in live trading, currently sitting at ₹1343.1 as of 1:13 PM today. The stock activity shows substantial momentum, with 30,120 shares trading to fuel the intraday upward rally.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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