Indosolar quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	156	203	−23.2%
EBITDA	14.8	70.7	−79.0%
EBITDA margin	9.5%	34.9%	−25.4 pts
Profit before tax	6.7	61.1	−89.0%
Net profit	5.0	46.3	−89.2%
EPS	₹1.20	₹11.14	−89.2%

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023

Expenses
	156	68.4	83.1	200	203	195	192	103	27.6	0.0	0.0	0.0
	1.6	8.4	1.1	0.2	0.0	1.3	0.6	0.9	0.6	0.1	0.7	0.1
	157	76.7	84.2	200	203	196	193	104	28.2	0.1	0.7	0.1
	232	21.8	3.3	117	113	122	124	73.2	7.8	0.0	0.0	0.0
	−106	−14.7	3.0	0.3	5.1	−2.8	3.9	−2.7	−7.6	0.0	0.0	0.0
	2.0	1.7	1.7	1.6	1.3	1.2	1.1	1.0	0.8	0.1	0.1	0.0
	0.1	0.1	0.0	0.2	0.4	0.6	1.7	4.8	3.9	3.4	3.0	1.9
	9.6	9.3	9.1	9.2	9.2	9.1	9.0	9.3	8.3	0.8	1.2	1.2
	12.6	11.1	10.8	10.0	12.7	11.2	12.7	8.0	5.5	0.9	1.3	2.1
	150	29.3	27.9	138	141	141	153	93.7	18.7	5.1	5.5	5.1
	14.8	48.5	64.3	71.0	70.7	63.6	50.2	23.5	21.0	−1.0	−1.3	−2.1
	5.2	39.2	55.2	61.8	61.5	54.5	41.2	14.1	12.8	−1.7	−2.5	−3.2
Profit
	6.7	47.5	56.3	61.7	61.1	55.2	40.0	10.2	9.5	−5.0	−4.8	−5.0
	6.7	47.5	56.3	61.7	61.1	55.2	40.0	10.2	9.5	−5.0	−4.8	−5.0
	0.0	0.0	0.0	0.0	0.0	0.0	0.0	−0.0	0.0	0.0	0.0	0.0
	1.7	10.9	14.3	20.2	14.8	−61.6	0.0	0.0	0.0	0.0	0.0	0.0
	1.7	10.9	14.3	20.2	14.8	−61.6	0.0	−0.0	0.0	0.0	0.0	0.0
	5.0	36.6	42.0	41.5	46.3	117	40.0	10.2	9.5	−5.0	−4.8	−5.0
	5.0	36.6	42.0	41.5	46.3	117	40.0	10.2	9.5	−5.0	−4.8	−5.0
	−0.0	0.0	−0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	5.0	36.6	42.0	41.5	46.3	117	40.0	10.2	9.5	−5.0	−4.8	−5.0
Per share
	₹1.20	₹8.80	₹10.09	₹9.97	₹11.14	₹28.07	₹9.63	₹2.46	₹2.28	−₹1.20	−₹1.16	−₹1.21
	₹1.20	₹8.80	₹10.09	₹9.97	₹11.14	₹28.07	₹9.63	₹2.46	₹2.28	−₹1.20	−₹1.16	−₹1.21
Other comprehensive income — detail
	−0.0	—	−0.0	—	—	—	0.0	—	—	—	—	—
	−0.0	—	−0.0	—	—	—	—	0.0	—	—	—	—
	0.0	—	0.0	—	—	—	−0.0	—	—	—	—	—
Per share — as-filed variants
	₹1.20	₹8.80	₹10.09	₹9.97	₹11.14	₹28.07	₹9.63	₹2.46	₹2.28	−₹1.20	−₹1.16	−₹1.21
	₹1.20	₹8.80	₹10.09	₹9.97	₹11.14	₹28.07	₹9.63	₹2.46	₹2.28	−₹1.20	−₹1.16	−₹1.21
Regulatory disclosures — filed alongside, not part of the P&L
	174	—	644	—	298	—	494	—	—	—	—	—
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	29.4	61.3	76.8	82.6	84.7	76.0	64.0	32.4	27.4	—	—	—
	18.9%	89.7%	92.4%	41.4%	41.8%	39.0%	33.3%	31.5%	99.3%	—	—	—
Adjusted (ex-exceptional items) — derived
	6.7	47.5	56.3	61.7	61.1	55.2	40.0	10.2	9.5	−5.0	−4.8	−5.0
	5.0	36.6	42.0	41.5	46.3	117	40.0	10.2	9.5	−5.0	−4.8	−5.0
	₹1.20	₹8.80	₹10.09	₹9.97	₹11.14	₹28.07	₹9.63	₹2.46	₹2.28	−₹1.20	−₹1.16	−₹1.21

Open the chart

From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.

alphave

WAAREEINDO₹199.80

Indosolar Limited

· Capital Goods & Defence

Annual Quarterly₹ CrorePeersJYOTISTRUC SWELECTES BAJEL MARSONS EXICOM BBL INDOTECH GVPILMcap ₹831 Cr

View

In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	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	0.0	0.0	0.0	27.6	103.0	192.0	194.7	202.5	199.5	83.1	68.4	155.6
Other Income	0.1	0.7	0.1	0.6	0.9	0.6	1.3	0.0	0.2	1.1	8.4	1.6
Total Income	0.1	0.7	0.1	28.2	103.9	192.6	196.0	202.6	199.7	84.2	76.7	157.2
Expenses
+ Cost of Materials Consumed	0.0	0.0	0.0	7.8	73.2	124.1	121.5	112.7	116.6	3.3	21.8	232.1
+ Changes in Inventories	0.0	0.0	0.0	-7.6	-2.7	3.9	-2.8	5.1	0.3	3.0	-14.7	-105.9
+ Employee Benefit Expense	0.0	0.1	0.1	0.8	1.0	1.1	1.2	1.3	1.6	1.7	1.7	2.0
+ Finance Costs	1.9	3.0	3.4	3.9	4.8	1.7	0.6	0.4	0.2	0.0	0.1	0.1
+ Depreciation & Amortisation	1.2	1.2	0.8	8.3	9.3	9.0	9.1	9.2	9.2	9.1	9.3	9.6
+ Other Expenses	2.1	1.3	0.9	5.5	8.0	12.7	11.2	12.7	10.0	10.8	11.1	12.6
Total Expenses	5.1	5.5	5.1	18.7	93.7	152.5	140.8	141.4	138.0	27.9	29.3	150.5
EBITDA	-2.1	-1.3	-1.0	21.0	23.5	50.2	63.6	70.7	71.0	64.3	48.5	14.8
EBIT	-3.2	-2.5	-1.7	12.8	14.1	41.2	54.5	61.5	61.8	55.2	39.2	5.2
Profit
PBT before Exceptional Items	-5.0	-4.8	-5.0	9.5	10.2	40.0	55.2	61.1	61.7	56.3	47.5	6.7
Pretax Income	-5.0	-4.8	-5.0	9.5	10.2	40.0	55.2	61.1	61.7	56.3	47.5	6.7
+ Current Tax	0.0	0.0	0.0	0.0	-0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
+ Deferred Tax	0.0	0.0	0.0	0.0	0.0	0.0	-61.6	14.8	20.2	14.3	10.9	1.7
Tax Expense	0.0	0.0	0.0	0.0	-0.0	0.0	-61.6	14.8	20.2	14.3	10.9	1.7
Net Income	-5.0	-4.8	-5.0	9.5	10.2	40.0	116.8	46.3	41.5	42.0	36.6	5.0
+ Net Income — Continuing Ops	-5.0	-4.8	-5.0	9.5	10.2	40.0	116.8	46.3	41.5	42.0	36.6	5.0
+ Other Comprehensive Income	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-0.0	0.0	-0.0
Total Comprehensive Income	-5.0	-4.8	-5.0	9.5	10.2	40.0	116.8	46.3	41.5	42.0	36.6	5.0
Per Share
Basic EPS	-1.21	-1.16	-1.20	2.28	2.46	9.63	28.07	11.14	9.97	10.09	8.80	1.20
Diluted EPS	-1.21	-1.16	-1.20	2.28	2.46	9.63	28.07	11.14	9.97	10.09	8.80	1.20
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	0.0	—	—	—	-0.0	—	-0.0
+ Items NOT to be Reclassified to P&L	—	—	—	—	0.0	—	—	—	—	-0.0	—	-0.0
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	-0.0	—	—	—	0.0	—	0.0
Per Share — as-filed variants
Basic EPS — Continuing Operations	-1.21	-1.16	-1.20	2.28	2.46	9.63	28.07	11.14	9.97	10.09	8.80	1.20
Diluted EPS — Continuing Operations	-1.21	-1.16	-1.20	2.28	2.46	9.63	28.07	11.14	9.97	10.09	8.80	1.20
Regulatory Disclosures — filed alongside, not part of the P&L
Related-party Transactions — During the Period	—	—	—	—	—	494.4	—	298.2	—	644.4	—	174.2
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	—	—	—	27.4	32.4	64.0	76.0	84.7	82.6	76.8	61.3	29.4
Gross Margin %	—	—	—	99.33	31.49	33.32	39.02	41.81	41.40	92.44	89.66	18.89
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	-5.0	-4.8	-5.0	9.5	10.2	40.0	55.2	61.1	61.7	56.3	47.5	6.7
Net Income Adj (tax-effected)	-5.0	-4.8	-5.0	9.5	10.2	40.0	116.8	46.3	41.5	42.0	36.6	5.0
EPS Adj	-1.21	-1.16	-1.20	2.28	2.46	9.63	28.07	11.14	9.97	10.09	8.80	1.20
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	10.00	10.00	10.00	10.00	10.00	—	10.00	10.00	10.00	10.00
Filed Debt Equity	—	—	—	—	—	1.24	—	—	0.00	0.00	—	—
Filed Dscr	—	—	—	—	—	1.92	—	—	0.00	0.00	—	—
Filed Iscr	—	—	—	—	—	4.99	—	—	0.00	0.00	—	—
Paid Up Equity Capital	41.6	41.6	41.6	41.6	41.6	41.6	41.6	41.6	41.6	41.6	41.6	41.6

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · StandaloneFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Indosolar Q2 FY27 results (July–September 2026)

Filed with NSE on Wednesday, 21 October 2026 at 7:26 pm IST

Indosolar (NSE: WAAREEINDO) reported its Q2 FY27 results (July–September 2026) on Wednesday, 21 October 2026 at 7:26 pm IST. Consolidated net profit was ₹5 crore, down 89.2% from ₹46.3 crore in Q2 FY26 and down 86.3% from ₹36.6 crore in Q1 FY27. Revenue from operations was ₹156 crore, down 23.2% year on year and up 127.6% from the previous quarter.

Q2 FY26 results (a year earlier): 10 October 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net profit: ₹5 Cr−89.2% vs Q2 FY26−86.3% vs Q1 FY27
Revenue from operations: ₹156 Cr−23.2% vs Q2 FY26+127.6% vs Q1 FY27
Operating margin (EBIT): 3.3%−27.0 pts vs Q2 FY26−53.9 pts vs Q1 FY27EBIT ₹5.2 Cr
EBITDA: ₹14.8 Cr−79.0% vs Q2 FY26−69.4% vs Q1 FY27margin 9.5%
Earnings per share (basic): ₹1.20−89.2% vs Q2 FY26−86.4% vs Q1 FY27
Net profit margin: 3.2%−19.7 pts vs Q2 FY26−50.3 pts vs Q1 FY27

Questions

What was Indosolar's net profit in Q2 FY27?

Consolidated net profit was ₹5 crore, down 89.2% from ₹46.3 crore in Q2 FY26 and down 86.3% from ₹36.6 crore in Q1 FY27.

What was Indosolar's revenue in Q2 FY27?

Revenue from operations was ₹156 crore, down 23.2% year on year and up 127.6% from the previous quarter.

What was Indosolar's EPS in Q2 FY27?

Basic earnings per share were ₹1.20, against ₹11.14 in Q2 FY26.

How were Indosolar's Q2 FY27 results?

Both fell from a year earlier: net profit was down 89.2% at ₹5 crore and revenue was down 23.2% at ₹156 crore. The operating margin was 3.3%, down 27.0 percentage points from 30.4% a year earlier. Against Q1 FY27, net profit was down 86.3% and revenue up 127.6%.

What was Indosolar's operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹5.2 crore, a margin of 3.3%, against 57.3% in Q1 FY27 and 30.4% in Q2 FY26. EBITDA was ₹14.8 crore, 9.5% of revenue.

What was Indosolar's net profit in the first half of FY27?

Consolidated net profit for the first half of FY27 (April–September 2026) was ₹41.6 crore, down 74.5% from ₹163 crore in the same months a year earlier. Revenue from operations was ₹224 crore, down 43.6%.

What is Indosolar's net profit margin?

Indosolar's net profit margin was 3.2% in Q2 FY27 (net profit as a share of revenue from operations), against 22.9% in Q2 FY26 (down 19.7 percentage points). For FY26 as a whole it was 36.3%.

What was Indosolar's net profit in FY26?

Consolidated net profit was ₹247 crore in FY26 (April 2025–March 2026), up 350.1% from ₹54.8 crore in FY25. It was a loss of ₹15.4 crore in FY24 and a profit of ₹1,081 crore in FY23: down 77.2% over three years, an average fall of 38.9% a year.

When did Indosolar announce its Q2 FY27 results?

On Wednesday, 21 October 2026 at 7:26 pm IST, in its results filing to the stock exchanges. A year earlier it reported Q2 FY26 on 10 October 2025.

How has Indosolar's profit changed over the last four quarters?

Net profit by quarter: ₹41.5 crore in Q3 FY26, ₹42 crore in Q4 FY26, ₹36.6 crore in Q1 FY27 and ₹5 crore in Q2 FY27. That is ₹125 crore over the four quarters, down 41.4% from ₹213 crore in the four quarters before. Revenue from operations: ₹200 crore, ₹83.1 crore, ₹68.4 crore and ₹156 crore.

What was Indosolar's revenue in FY26?

Revenue from operations was ₹680 crore in FY26 (April 2025–March 2026), up 109.9% from ₹324 crore in FY25.

When will Indosolar announce its Q3 FY27 results?

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.

Where do these Indosolar figures come from?

From Indosolar's own consolidated results filings to NSE, in ₹ crore as filed (Q2 FY27 on 21 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.