ALPEXSOLAR Alpex Solar Q3 FY26 results (Oct–Dec 2025) and concall
Alpex Solar delivered a record-breaking Q3 FY26 with robust revenue and PAT growth, driven by strong market demand and strategic capacity expansion. The company is aggressively pursuing backward integration into cell manufacturing and expanding its module and aluminum frame capacities, aiming for significant scale by FY27. While margins saw a slight dip due to input costs, management anticipates substantial improvement with the operationalization of the high-margin cell line and is confident in its order book and competitive positioning.
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What they filed
Q3 FY26: revenue up 244.7%, net profit up 134.8% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 188 | 188 | 327 | 380 | 523 +178% | 648 +245% |
| EBITDA | 31 | 37 | 54 | 63 | 78 +152% | 90 +143% |
| Net profit | 24 | 23 | 35 | 42 | 53 +121% | 54 +135% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





