Websol Energy System Limited — Board Meeting, 15-05-2025: Outcome of Board Meeting

Websol Energy System has announced a board meeting on its strong quarterly and half-year financial results, reporting a net profit of Rs.154.74 Cr versus a loss last year. Revenue jumped sharply to Rs.575.46 Cr, driven by rapid scaling of operations. The company is gearing up to start commercial production of a 600MW Mono PERC Bifacial Solar Cell manufacturing line by July 2025. An independent director resigned, and M/s M. Kumar Jain & Co were re-appointed as internal auditors for FY26. Cash flow remains robust, supporting ongoing expansion plans.