Follow India Renewable Energy News on WhatsApp for exclusive updates on clean energy news and insights

Websol Energy Reports Strong Growth and Expands Solar Manufacturing Capacity

Websol Energy System Limited has reported an impressive 46.1?ITDA growth for the quarter ending December 31, 2024, as part of its unaudited financial results for Q3 FY25. The company’s revenue for Q3 FY25 reached Rs147.31 crore, a remarkable increase compared to just ?0.51 crore in Q3 FY24. This surge in revenue is attributed to significant production upgrades at the Falta SEZ facility.

In addition to its financial performance, Websol Energy has expanded its solar manufacturing capabilities to a total capacity of 1.2 GW, positioning itself for further growth in the renewable energy sector. With Rs402.47 crore in revenue for the first nine months of FY25, Websol Energy is on track to continue its growth trajectory in the solar manufacturing industry.