BSEResult3d ago · 4 Nov 2026, 07:54 pm
Please find attached Unaudited Financial Results (Consolidated and Standalone) for the quarter and half year ended September 30, 2026
Websol Energy System Ltd · 517498
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Websol Energy System Ltd has announced its unaudited financial results for the quarter and half year ended September 30, 2026, with the Board of Directors approving entry into EPC, Solar IPP, and energy trading business, marking expansion across the broader solar energy value chain.
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Earnings Impact7/10
Growth Catalyst8/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10
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Websol Energy System Ltd - 517498 - Unaudited Financial Results (Consolidated And Standalone) For The Quarter And Half Year Ended September 30, 2026.
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WEBSOL
POWERING TOMORROW'S ENERGY
Date: 4th November, 2026
To, To,
The Manager Listing, The Manager Listing,
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Floor 25,
Bandra Kurla Complex, PJ Towers, Dalal Street,
Bandra (E) Mumbai: 400051 Mumbai: 400 001
Symbol e- WEBELSOLAR Scrip Code- 517498
Dear Sir/Madam,
Sub: Outcome of Board Meeting held on 4th November, 2026
In furtherance to our intimation dated 22nd October, 2026 and pursuant to provisions of Regulation 30 of
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations,
2015 (“Listing Regulations”), this is to inform you that the Board of Directors of the Company at its
meeting held today, i.e., Wednesday, 4th November 2026, inter alia, considered and approved the
Unaudited Financial Results (Standalone & Consolidated) for the quarter and half-year ended 30th
September, 2026 along with Independent Auditor's Review Report thereon, as recommended by the
Audit Committee.
Pursuant to Regulation 33 and other applicable provisions of Listing Regulations, we attach the
Unaudited Financial Results (Consolidated and Standalone) for the quarter and half year ended
September 30, 2026, along with Independent Auditor's Review Report thereon marked as Annexure-A;
The Board also approved entry into EPC, Solar IPP, including solar parks, energy trading business,
marking expansion across the broader solar energy value chain. To undertake the aforesaid business
activities, the board approved subscribing to the extent of 40% of the Equity Share Capital of Bright Earth
Cell Private Limited which will be engaged in the energy trading business and incorporation of Special
Purpose Vehicles (SPVs) in the form of wholly-owned subsidiary companies for the other businesses.
The details as required under Regulation 30 of the Listing Regulations read with SEBI Circular
No. CIR/CFD/CMD/4/2015 dated September 9, 2015, are enclosed as Annexure-B;
Websol Energy System Limited T 033 4009 2100
52/1, Shakespeare Sarani, Uni mark Asian E info@websolenergy.com
8'" Floor, Kolkata 700017 CIN L29307W81990PLC048350 websolenergy.com
WEBSOL
POWERING TOMORROW'S ENERGY
The meeting commenced at 03:00 P.M. and concluded at 05:15 P.M.
You are requested to kindly take the above information on record.
Thanking you,
Yours Truly,
For Websol Energy System Limited
Ashok Purohit
Company Secretary & Compliance Officer
Membership No. : F7490
Encl. : as above
Websol Energy System Limited T 033 4009 2100
52/1. Shakespeare Sarani, Uni mark Asian E info@websolenergy.com
8th Floor, Kolkata 700017 CIN L29307WB1990PLC048350 websolenergy.com
G. P. AGRAWAL & Co.
Annexure - A
Independent Auditor's Review Report on the Quarterly and Year to Date Unaudited Standalone
Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, as amended
Review Report To
The Board of Directors of
Websol Energy System Limited
1. We have reviewed the accompanying statement of unaudited standalone financial results of
Websol Energy System Limited ("the Company"), for the quarter and half year ended 30th
September, 2026 ("the statement'), being submitted by the Company pursuant to the
requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, as amended (the "Listing Regulations").
2. This Statement, which is the responsibility of the Company's Management and approved by
its Board of Directors, has been prepared in accordance with the recognition and
measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial
Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read
with relevant rules issued hereunder and other accounting principles generally accepted in
India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to
express a conclusion on this Statement based on our review.
3. We conducted our review of the Statement in accordance with the Standard on Review
Engagement (SRE) 2410, "Review of Interim Financial Information Performed by the
Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India.
This standard requires that we plan and perform the review to obtain moderate assurance
as to whether the Statement is free of material misstatement. A review of interim financial
information consists of making inquiries, primarily of persons responsible for financial and
accounting matters, and applying analytical and other review procedures. A review is
substantially less in scope than an audit conducted in accordance with Standards on
Auditing and consequently does not enable us to obtain assurance that we could become
aware of all significant matters that might be identified in an audit. We have not performed
an audit and accordingly, we do not express an audit opinion. ,.
GSTN:
19MCFG8964F1Z2
f I ( "j,.~,' +9133 46012771
+9133 46017361
( I Qc,: +9133 66076831
----/211~
O' www.gpaco.net
mail@,gpaco.net
Unit 606, 6th Floor
Diamond Heritage !L
16, Strand Road
Kolkata - 700001 INDIA
4. Based on our review conducted as above, nothing has come to our attention that causes us
to believe that the accompanying statement, prepared in accordance with the recognition
and measurement principles laid down in the aforesaid Indian accounting standards read
with relevant rules issued there under and other accounting principles generally accepted in
India, has not disclosed the information required to be disclosed in terms of Regulation 33 of
the Listing Regulations, including the manner in which it is to be disclosed, or that it contains
any material misstatement.
For G.P. Agrawal & Co.
Chartered Accountants
Firm's }Registra:°[_NW:~2:
CA. Sunita Kedia
Partner
Place of Signature: Kolkata Membership No. 060162
Date: The 4th day of November, 2026 UDIN:~G 0.60H,2--<-l DLt<'l ~ ~'6 6~
WEBSOL ENERGY SYSTEM LIMITED
ClN -L29307WB1990PLC048350, Phone No. (033) 4009-2100
Registered Office: 52/1, Shakespeare Sarani, Unimark Asian, 8th floor, Kolkata -700017
VVebsite: www.websoleneq,,y.com, Email: investorssiilwebsolenergy.com
Statement of Unaudited Standalone Financial Results for the Quarter and Half Year Ended 30th September, 2026
(Rs. in crore)
Quarter Ended Half Year Ended Year Ended
Particulars 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)
I. Revenue from Operations 36"1.02 372.60 168.22 733.62 386.97 1,0-!9.-!-!
IL Other lnc<>mc Bl -!.38 3.28 8.69 5.-!6 9.87
III. Total fncome (I+ Tl) 365.33 376.98 171.50 742.31 392.43 1,059.31
rv. Expenses
(a) Cost of Materials Consumed 189.50 196.39 62.86 385.89 1-!-!.27 -!70.33
(b) Purchases of Stock-in-trade 0.78 - - 0.78 - -
(c) Changes in inventories of finished goods, st0ck-in-trade and work-in-
('.20.-!-!) (l-!.65) (7.87) (35.09) (27.10) (58.-!5)
progress
(d) Employee Benefits Expenses 12.12 11.19 6.68 23.31 12.62 36.22
(e) Finance Ctists 3.78 -!.17 -!.73 7.95 8.82 15.99
(f) Depreciation and Amortisation expenses 22.09 21.82 10.99 -!3.91 21.60 61.57
( g) Other Ex L'et'\Ses 50.92 5-!.09 3-!.26 105.0'I 81.-!1 172.80
Total Expenses 258.75 273.01 111.65 531.76 241.62 698.46
V. Profit before expectional items and tax (III -IV) 106.58 103.97 59.85 210.55 150.81 360.85
VI. Exceptional items - - - - - 1.35
VIL Profit before tax (V -VI) 106.58 103.97 59.85 210.55 150.81 359.50
VIII. Tax Expense
(a) Current Tax 27.10 25.39 -1.-!1 52.49 18.-ll 32.37
b) Deferred Tax (0.73) 0.79 9.12 0.06 18.90 2-!.12
IX. Profit for the period/ year-(VH -VIII) 80.21 77.79 46.32 158.00 113.50 303.01
X. Other Comprehensive Income/ (Loss)
Items that will not be reclassified to Profit or Loss
-Remeasurements ol defined benefit plan (1.27) (0.01) (0.11) (1.28) (0.22) 2.05
-Income tax relating to above item 0.32 0.00 0.03 0.32 0.06 (0.52)
Other comorehcnsive income/ (loss) {net of tax) (0
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