Solex Energy Q1 Revenue Surges 84% to ₹260 Crore

Solar PV modules maker and EPC services provider Solex Energy on Tuesday said its revenue rose by 84% to ₹260 crore in the April-June quarter of 2025-26 compared to the year-ago period.

The company, listed on the SME platform of NSE, had revenue of ₹141 crore in the same quarter of the previous year, it said in an exchange filing.

"Solex Energy has reported a robust start to FY26, achieving ₹260 crore in consolidated revenue from operations in Q1 an impressive 84% year-on-year growth," the filing said.

The company's CMD Chetan Shah said, "Achieving ₹260 crore revenues in Q1 is a financial milestone. Solex remains focused on expanding its product portfolio, enhancing automation and efficiency across its manufacturing lines, and investing in next-generation module technology and integrated renewable energy solutions." Gujarat-based Solex Energy is looking to increase its module manufacturing capacity from 1.5 GW to 15 GW, which will cost around ₹8,000 crore.