Websol Energy Q2 FY27 consolidated revenue Rs 361.02 cr; PAT Rs 80.21 cr

What the numbers show

• Net margin was 22.22% of revenue, down 531 bps from 27.54%.
• Total expenses rose 131.8% while revenue rose 114.6%.
• Cost of materials accounted for Rs 126.64 cr of the Rs 147.10 cr rise in total expenses (86%).
• Cost of materials took 52.5% of revenue, against 37.4% a year earlier.

Key numbers (consolidated, statement of financial results)
Period: quarter ended 30.09.2026 vs quarter ended 30.09.2025

• Revenue from operations: Rs 361.02 cr (Q2 FY27) vs Rs 168.22 cr (Q2 FY26)
• Other income: Rs 4.31 cr vs Rs 3.28 cr
• Total income (I+II): Rs 365.33 cr vs Rs 171.50 cr
• Cost of materials consumed: Rs 189.50 cr vs Rs 62.86 cr
• Purchases of stock-in-trade: Rs 0.78 cr vs Rs 0.00 cr
• Changes in inventories of finished goods, stock-in-trade and work-in-progress: Rs (20.43) cr vs Rs (7.87) cr
• Employee benefits expenses: Rs 12.12 cr vs Rs 6.68 cr
• Finance costs: Rs 3.78 cr vs Rs 4.73 cr
• Depreciation and amortisation expenses: Rs 22.09 cr vs Rs 10.99 cr
• Other expenses: Rs 50.92 cr vs Rs 34.26 cr
• Total expenses: Rs 258.75 cr vs Rs 111.65 cr
• Profit before exceptional items and tax: Rs 106.58 cr vs Rs 59.85 cr
• Exceptional items: Rs 0.00 cr vs Rs 0.00 cr
• Profit before tax: Rs 106.58 cr vs Rs 59.85 cr
• Current tax: Rs 27.10 cr vs Rs 4.41 cr
• Deferred tax: Rs (0.73) cr vs Rs 9.12 cr
• Profit for the period (PAT): Rs 80.21 cr vs Rs 46.32 cr
• Other comprehensive income (net of tax): Rs (0.95) cr vs Rs (0.08) cr
• Total comprehensive income: Rs 79.26 cr vs Rs 46.24 cr
• Paid-up equity share capital (Re. 1 each): Rs 43.42 cr vs Rs 32.21 cr
• Earnings per share – Basic: Rs 1.85 vs Rs 1.10
• Earnings per share – Diluted: Rs 1.85 vs Rs 1.08

According to the consolidated statement of financial results for the quarter ended 30.09.2026, revenue from operations rose to Rs 361.02 cr from Rs 168.22 cr in the corresponding quarter of the previous year. Including other income of Rs 4.31 cr (vs Rs 3.28 cr a year earlier), total income increased to Rs 365.33 cr from Rs 171.50 cr.

On the cost side, cost of materials consumed increased to Rs 189.50 cr from Rs 62.86 cr, while purchases of stock-in-trade were Rs 0.78 cr compared with nil in the year-ago quarter. Changes in inventories of finished goods, stock-in-trade and work-in-progress stood at Rs (20.43) cr versus Rs (7.87) cr. Employee benefits expenses rose to Rs 12.12 cr from Rs 6.68 cr. Finance costs were Rs 3.78 cr compared with Rs 4.73 cr, and depreciation and amortisation expenses were Rs 22.09 cr versus Rs 10.99 cr. Other expenses increased to Rs 50.92 cr from Rs 34.26 cr. Total expenses therefore moved up to Rs 258.75 cr from Rs 111.65 cr.

Profit before exceptional items and tax, which is also the profit before tax as no exceptional items are reported for the quarter, was Rs 106.58 cr compared with Rs 59.85 cr in the same quarter last year. Current tax expense was Rs 27.10 cr (vs Rs 4.41 cr), and deferred tax was Rs (0.73) cr (vs Rs 9.12 cr). Profit for the period (PAT) came in at Rs 80.21 cr, up from Rs 46.32 cr.

Other comprehensive income (net of tax) was a loss of Rs (0.95) cr versus a loss of Rs (0.08) cr in the prior-year quarter, leading to total comprehensive income of Rs 79.26 cr compared with Rs 46.24 cr. The paid-up equity share capital stood at Rs 43.42 cr (Re. 1 per share) against Rs 32.21 cr a year earlier. Basic earnings per share were reported at Rs 1.85 versus Rs 1.10, and diluted earnings per share at Rs 1.85 versus Rs 1.08, as per the statement of financial results.