Emmvee Photovoltaic Q3 Revenue Doubles, Profit Jumps 166%; Order Book Hits 9.3 GW

Business
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Moneycontrol•15-01-2026, 19:50
Emmvee Photovoltaic Q3 Revenue Doubles, Profit Jumps 166%; Order Book Hits 9.3 GW
- •Emmvee Photovoltaic reported a 118% year-on-year revenue increase to Rs 11,523 crore and a 166% profit jump to Rs 2,636 crore in Q3.
- •The company's total income grew 117% to Rs 11,679 crore, with EBITDA rising 105% to Rs 4,134 crore, driven by new capacity and higher utilization.
- •For the nine months ending December 2025, revenue surged 162% to Rs 33,111 crore, and PAT jumped 326% to Rs 6,892 crore.
- •Emmvee commissioned a 2.5 GW solar module manufacturing line at its Sulibele facility, increasing aggregate module capacity to 10.3 GW.
- •The order book stands at 9.3 GW, including a 4.5 GW order for TOPCon cells, and the company plans a 6 GW integrated facility in Devanahalli, Bengaluru.
Why It Matters: Emmvee Photovoltaic achieved significant Q3 growth and expanded capacity, driven by strong demand and strategic investments.
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