EMMVEE Emmvee Photovoltaic Power Q2 FY26 results (Jul–Sep 2025) and concall
Emmvee Photovoltaic Power Limited reported a strong Q2 FY26, with revenue growing 181% YoY to ₹1,131 crore and a healthy EBITDA margin of 35%. The company continues its aggressive capacity expansion, with a 6 GW integrated cell and module facility underway, supported by a ₹3,306 crore IREDA loan. A significant debt repayment of ₹1,621 crore has strengthened the balance sheet, positioning Emmvee for sustained growth amidst a competitive market and a strategic shift towards high-efficiency Topcon modules.
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What they filed
| Line item | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|
| Revenue | 356 | 544 | 445 | 277 |
| EBITDA | 59 | 11 | 117 | 21 |
| Net profit | 40 | 0 | 90 | 22 |
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.
