| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 1,576 | 1,131 | +39.4% |
| EBITDA | 557 | 399 | +39.4% |
| EBITDA margin | 35.3% | 35.3% | 0.0 pts |
| Profit before tax | 465 | 292 | +59.5% |
| Net profit | 382 | 238 | +60.6% |
| EPS | ₹5.52 | ₹4.01 | +37.7% |
| Tap a line for its trend | Q2 FY27Sep 2026 | Q1 FY27Jun 2026 | Q4 FY26Mar 2026 | Q3 FY26Dec 2025 | Q2 FY26Sep 2025 |
|---|
| 1,576 | 1,556 | 1,739 | 1,152 | 1,131 | |
| 2.5 | 16.5 | 5.0 | 15.7 | 18.4 | |
| 1,579 | 1,572 | 1,744 | 1,168 | 1,149 | |
Expenses | |||||
| 877 | 953 | 1,145 | 874 | 722 | |
| 30.5 | −74.5 | −132 | −266 | −127 | |
| 32.9 | 33.3 | 43.2 | 40.8 | 37.8 | |
| 9.5 | 11.1 | 13.0 | 33.3 | 55.2 | |
| 84.6 | 83.9 | 79.2 | 74.0 | 70.9 | |
| 79.4 | 95.9 | 112 | 89.5 | 98.9 | |
| 1,114 | 1,102 | 1,260 | 846 | 858 | |
| 557 | 548 | 571 | 413 | 399 | |
| 472 | 464 | 492 | 339 | 329 | |
Profit | |||||
| 465 | 470 | 484 | 322 | 292 | |
| 465 | 470 | 484 | 322 | 292 | |
| 77.1 | 86.4 | 82.2 | 44.5 | 39.0 | |
| 6.2 | 3.0 | 9.3 | 13.7 | 14.8 | |
| 83.2 | 89.3 | 91.6 | 58.2 | 53.8 | |
| 382 | 380 | 392 | 264 | 238 | |
| 382 | 380 | 392 | 264 | 238 | |
| −0.2 | 2.3 | 3.3 | −1.0 | −1.6 | |
| 382 | 383 | 396 | 263 | 236 | |
| — | — | 392 | — | — | |
Per share | |||||
| ₹5.52 | ₹5.49 | ₹5.67 | ₹4.11 | ₹4.01 | |
| ₹5.52 | ₹5.49 | ₹5.67 | ₹4.11 | ₹4.01 | |
Other comprehensive income — detail | |||||
| −0.2 | 2.3 | 3.3 | −1.0 | −1.6 | |
| 0.1 | 0.0 | 0.9 | 0.1 | 0.1 | |
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
| −0.3 | 2.2 | 2.4 | −1.1 | — | |
| 0.0 | 0.0 | 0.0 | 0.0 | 1.7 | |
| — | — | 396 | — | — | |
Per share — as-filed variants | |||||
| ₹5.52 | ₹5.49 | ₹5.67 | ₹4.11 | ₹4.01 | |
| ₹5.52 | ₹5.49 | ₹5.67 | ₹4.11 | ₹4.01 | |
Derived — gross profit (revenue − materials − purchases − Δ inventories) | |||||
| 669 | 677 | 726 | 544 | 536 | |
| 42.4% | 43.5% | 41.8% | 47.2% | 47.4% | |
Adjusted (ex-exceptional items) — derived | |||||
| 465 | 470 | 484 | 322 | 292 | |
| 382 | 380 | 392 | 264 | 238 | |
| ₹5.52 | ₹5.49 | ₹5.67 | ₹4.11 | ₹4.01 | |
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 3 Months Ending | Q2 FY26 30/09/2025 | Q3 FY26 31/12/2025 | Q4 FY26 31/03/2026 | Q1 FY27 30/06/2026 | Q2 FY27 30/09/2026 | |
|---|---|---|---|---|---|---|
| Revenue from Operations | 1,131.0 | 1,152.3 | 1,738.8 | 1,555.5 | 1,576.4 | |
| Other Income | 18.4 | 15.7 | 5.0 | 16.5 | 2.5 | |
| Total Income | 1,149.4 | 1,167.9 | 1,743.8 | 1,572.0 | 1,578.9 | |
| Expenses | ||||||
| + Cost of Materials Consumed | 721.9 | 874.3 | 1,145.0 | 952.6 | 876.7 | |
| + Changes in Inventories | -127.0 | -265.8 | -132.3 | -74.5 | 30.5 | |
| + Employee Benefit Expense | 37.8 | 40.8 | 43.2 | 33.3 | 32.9 | |
| + Finance Costs | 55.2 | 33.3 | 13.0 | 11.1 | 9.5 | |
| + Depreciation & Amortisation | 70.9 | 74.0 | 79.2 | 83.9 | 84.6 | |
| + Other Expenses | 98.9 | 89.5 | 111.8 | 95.9 | 79.4 | |
| Total Expenses | 857.7 | 846.1 | 1,259.9 | 1,102.4 | 1,113.6 | |
| EBITDA | 399.4 | 413.4 | 571.1 | 548.1 | 556.9 | |
| EBIT | 328.5 | 339.4 | 491.9 | 464.2 | 472.2 | |
| Profit | ||||||
| PBT before Exceptional Items | 291.7 | 321.8 | 483.9 | 469.6 | 465.3 | |
| Pretax Income | 291.7 | 321.8 | 483.9 | 469.6 | 465.3 | |
| + Current Tax | 39.0 | 44.5 | 82.2 | 86.4 | 77.1 | |
| + Deferred Tax | 14.8 | 13.7 | 9.3 | 3.0 | 6.2 | |
| Tax Expense | 53.8 | 58.2 | 91.6 | 89.3 | 83.2 | |
| Net Income | 237.9 | 263.6 | 392.4 | 380.3 | 382.0 | |
| + Net Income — Continuing Ops | 237.9 | 263.6 | 392.4 | 380.3 | 382.0 | |
| + Other Comprehensive Income | -1.6 | -1.0 | 3.3 | 2.3 | -0.2 | |
| Total Comprehensive Income | 236.2 | 262.7 | 395.6 | 382.5 | 381.8 | |
| Net Income to Common | — | — | 392.4 | — | — | |
| Per Share | ||||||
| Basic EPS | 4.01 | 4.11 | 5.67 | 5.49 | 5.52 | |
| Diluted EPS | 4.01 | 4.11 | 5.67 | 5.49 | 5.52 | |
| Other Comprehensive Income — detail | ||||||
| + Other Comprehensive Income | -1.6 | -1.0 | 3.3 | 2.3 | -0.2 | |
| + Items NOT to be Reclassified to P&L | 0.1 | 0.1 | 0.9 | 0.0 | 0.1 | |
| + Tax on Items NOT to be Reclassified | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
| + Items to be Reclassified to P&L | — | -1.1 | 2.4 | 2.2 | -0.3 | |
| + Tax on Items to be Reclassified | 1.7 | 0.0 | 0.0 | 0.0 | 0.0 | |
| Comprehensive Income — Owners of Parent | — | — | 395.6 | — | — | |
| Per Share — as-filed variants | ||||||
| Basic EPS — Continuing Operations | 4.01 | 4.11 | 5.67 | 5.49 | 5.52 | |
| Diluted EPS — Continuing Operations | 4.01 | 4.11 | 5.67 | 5.49 | 5.52 | |
| Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories) | ||||||
| Gross Profit | 536.2 | 543.7 | 726.1 | 677.3 | 669.2 | |
| Gross Margin % | 47.41 | 47.19 | 41.76 | 43.54 | 42.45 | |
| Adjusted (ex-Exceptional Items) — derived | ||||||
| Pretax Income (Adjusted, as filed) | 291.7 | 321.8 | 483.9 | 469.6 | 465.3 | |
| Net Income Adj (tax-effected) | 237.9 | 263.6 | 392.4 | 380.3 | 382.0 | |
| EPS Adj | 4.01 | 4.11 | 5.67 | 5.49 | 5.52 | |
| Other Filed Concepts — mapped but not yet placed in the schedule | ||||||
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | |
| Paid Up Equity Capital | 118.7 | 138.5 | 138.5 | 138.5 | 138.5 | |
Filed with NSE on Wednesday, 14 October 2026 at 7:02 pm IST
Emmvee Photovoltaic Power (NSE: EMMVEE) reported its Q2 FY27 results (July–September 2026) on Wednesday, 14 October 2026 at 7:02 pm IST. Consolidated net profit was ₹382 crore, up 60.6% from ₹238 crore in Q2 FY26 and up 0.5% from ₹380 crore in Q1 FY27. Revenue from operations was ₹1,576 crore, up 39.4% year on year and up 1.3% from the previous quarter.
Consolidated net profit was ₹382 crore, up 60.6% from ₹238 crore in Q2 FY26 and up 0.5% from ₹380 crore in Q1 FY27.
Revenue from operations was ₹1,576 crore, up 39.4% year on year and up 1.3% from the previous quarter.
Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹472 crore, a margin of 30.0%, against 29.8% in Q1 FY27 and 29.0% in Q2 FY26. EBITDA was ₹557 crore, 35.3% of revenue.
Both grew from a year earlier: net profit was up 60.6% at ₹382 crore and revenue was up 39.4% at ₹1,576 crore. The operating margin was 30.0%, up 0.9 percentage points from 29.0% a year earlier. Against Q1 FY27, net profit was up 0.5% and revenue up 1.3%.
Emmvee Photovoltaic Power's net profit margin was 24.2% in Q2 FY27 (net profit as a share of revenue from operations), against 21.0% in Q2 FY26 (up 3.2 percentage points). For FY26 as a whole it was 21.4%.
Net profit by quarter: ₹264 crore in Q3 FY26, ₹392 crore in Q4 FY26, ₹380 crore in Q1 FY27 and ₹382 crore in Q2 FY27. That is ₹1,418 crore over the four quarters. Revenue from operations: ₹1,152 crore, ₹1,739 crore, ₹1,556 crore and ₹1,576 crore.
Basic earnings per share were ₹5.52, against ₹4.01 in Q2 FY26.
Consolidated net profit was ₹1,082 crore in FY26 (April 2025–March 2026).
Revenue from operations was ₹5,050 crore in FY26 (April 2025–March 2026).
On Wednesday, 14 October 2026 at 7:02 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 1 December 2025.
Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.
From Emmvee Photovoltaic Power's own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 14 October 2026). Growth compares the same consolidated figures a year and a quarter earlier.
Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.