Websol Energy Q1 FY27: Revenue up 70%, loan repaid

Key takeaway for investors

Websol Energy Systems reported a sharp year-on-year rise in revenue in the first quarter of FY2027, alongside a smaller increase in net profit. The company also disclosed that it has fully repaid its term loan from Indian Renewable Energy Development Agency Limited (IREDA) using internal accruals. The developments were shared along with the company’s unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.

What the company reported for Q1 FY2027

For Q1 FY2027 (quarter ended June 30, 2026), Websol’s revenue from operations rose 70.3% year-on-year to ₹372.60 crore, compared with ₹218.75 crore in Q1 FY2026. Net profit increased 15.8% to ₹77.79 crore from ₹67.18 crore a year earlier. The company’s disclosure positioned the quarter as a strong top-line performance, with profitability also improving but at a slower pace than revenue.

The results were presented as unaudited numbers and were approved by the Board for the quarter ended June 30, 2026. The company reported Basic EPS and Diluted EPS at ₹1.79 for the quarter.

Standalone vs consolidated numbers

The company provided both standalone and consolidated results. On a standalone basis, revenue from operations was ₹327.10 crore and total income was ₹331.10 crore. On a consolidated basis, revenue from operations was ₹372.60 crore and total income was ₹376.98 crore.

Across both standalone and consolidated results shared in the release, profit before tax (PBT) was reported at ₹103.97 crore and the tax expense at ₹26.18 crore, with current tax at ₹25.39 crore and deferred tax at ₹0.79 crore. Profit for the period was reported at ₹77.79 crore, along with total comprehensive income of ₹77.78 crore.

Auditor review status

Websol said its statutory auditors, G.P. Agrawal & Co., reviewed the unaudited financial results and issued unqualified limited review reports. This is a relevant procedural disclosure for investors tracking governance and reporting quality for quarterly numbers.

IREDA term loan fully repaid using internal accruals

A key subsequent event disclosed by the company was the full repayment of its outstanding term loan availed from IREDA. Websol stated the repayment was completed on August 4, 2026, using internal accruals, and that the outstanding liability related to this term loan stands fully discharged.

The company did not quantify the amount of the repaid loan in the disclosure. Still, the repayment note is significant because it indicates the company used internal funds to clear a specific borrowing, which can affect the balance sheet and interest outgo going forward.

Subsidiary consolidation detail

Websol’s consolidated results include its subsidiary, Websol Renewables Private Limited, which was incorporated on October 13, 2025. This disclosure helps explain why consolidated revenue from operations differs from the standalone figure for the same quarter.

Earnings call scheduled for August 11, 2026

Websol Energy System Limited also announced an earnings call to discuss the un-audited financial results for Q1 FY2027. The call is scheduled for August 11, 2026, at 4:00 PM IST.

The company said senior leadership, including Sohan Lal Agarwal and Amrit Daga, would participate. It also shared universal dial-in numbers: +91 22 6280 1488 and +91 22 7115 8869.

Additional operational profitability datapoints reported elsewhere

Another data point attributed to the quarter stated that Websol reported EBITDA of ₹125.00 crore and an EBITDA margin of 33.70%, compared with 47.31% year-on-year. This set of figures also referenced net profit of ₹77.80 crore and revenue of ₹372.00 crore for the quarter, which aligns closely with the company’s ₹372.60 crore revenue and ₹77.79 crore net profit reported for Q1 FY2027.

Snapshot of the disclosed numbers

Why the update matters

Two elements stand out in this quarter’s update. First, the pace of revenue growth, at 70.3% year-on-year, is materially higher than the net profit growth of 15.8%, which is an important point for investors tracking operating leverage and cost or margin movement. Second, the repayment of the IREDA term loan from internal accruals signals a strengthening of liquidity position for this specific liability, though the company has not disclosed the repaid amount.

What to watch next

Investors and analysts will likely look for additional commentary during the August 11, 2026 earnings call, particularly around drivers of the revenue jump, profitability and margin movement, and any additional balance sheet details following the IREDA repayment.