Emmvee Photovoltaic Doubles Revenue to INR 5,050 Cr in FY26, PAT up by 193 Percent
Emmvee Photovoltaic Power has reported 116 percent YoY revenue growth to INR 5,050 crore and 193 percent rise in PAT to INR 1,081.6 crore in FY26, driven by capacity expansion and operational scale-up.
April 29, 2026. By Mrinmoy Dey
For Q4 FY26, revenue from operations stood at INR 1,738.8 crore, up 62 percent YoY and 51 percent QoQ. EBITDA for the quarter was INR 571.1 crore, up 58 percent YoY and 38 percent QoQ. PAT for Q4 FY26 was INR 392.4 crore, up 89 percent YoY and 49 percent QoQ, stated the company.
The company stated that the strong FY26 performance was supported by higher production volumes, the first full year of solar cell operations, expansion in module capacity, operating leverage and lower finance costs following balance sheet deleveraging.
Commenting on the performance, DV Manjunatha Donthi, Chairman and Managing Director, Emmvee Photovoltaic Power Ltd., said, “FY26 marks a step-change in our journey, where we not only scaled our revenues significantly but also improved the quality of our growth. The expansion in EBITDA and PAT margins reflects the strength of our operating model and the benefits of scale we are beginning to realise.”
He further added, “Our module capacity expansion from 6 GW to over 10 GW has been a key enabler, allowing us to respond effectively to strong and sustained demand across markets. At the same time, we have focused on strengthening our technology capabilities and integration strategy to ensure long-term competitiveness. As demand for reliable and cost-efficient clean energy continues to accelerate, we believe we are well-positioned to participate meaningfully in this next phase of growth.”
The company’s order inflow during Q4 FY26 stood at 1.27 GW, and the order book increased to 9.4 GW at the end of FY26, the company stated.
please contact: contact@energetica-india.net.
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