Solarworld Energy Q4 Results: Profit surges as revenue more than triples

Solarworld Energy Solutions reported a sharp improvement in its fourth-quarter earnings on Tuesday, with net profit rising more than five-fold year-on-year amid strong growth in revenue and operating performance.The company posted a net profit of ₹49 crore for the quarter, compared with ₹9.4 crore in the corresponding period last year. Revenue surged to ₹591.8 crore from ₹176.4 crore a year earlier, while EBITDA climbed to ₹58 crore from ₹13.4 crore. EBITDA margin improved to 9.8% from 7.6% in the year-ago period.

Shares of Solarworld Energy Solutions were trading largely flat at ₹222.33 on the NSE in afternoon trade following the announcement.
The company also announced key board-level changes. Independent Director and Chairperson Rini Chordia resigned from her position with effect from the close of business hours on May 26, 2026, citing pre-occupation and personal commitments. Following her resignation, the board approved the reconstitution of various committees.The board also appointed Managing Director Kartik Teltia as Chairman of the board in addition to his existing role, effective May 27, 2026. Teltia is a member of the Institute of Chartered Accountants of India and an alumnus of the Indian School of Business, with over a decade of experience in driving the company’s strategic planning and operations.

The strong quarterly performance comes after Solarworld Energy secured battery energy storage system (BESS) engineering, procurement and construction (EPC) orders worth around ₹283 crore from NTPC in March this year, strengthening its order pipeline and presence in India’s renewable energy infrastructure segment.