H1 FY26: Solex Energy Reports ₹415 Cr Revenue, Up 52% YoY

Solex Energy, a Surat-based solar module manufacturer and EPC solutions provider, reported ₹415 crore in revenue from operations. Announcing the latest achievement in a press release, the company highlighted a strong performance in the first half of FY26, recording 52% year-on-year growth compared to ₹273 crore in the same period last year.

Solex Energy migrated from the NSE Emerge platform to the NSE Main Board on October 8, 2025. 

The company’s first-quarter results had already set the tone for this performance, with consolidated revenue from operations reaching ₹260 crore. The strong start, coupled with its expansion into solar module manufacturing, reinforces Solex’s position as a key player in India’s clean energy transition.

Solex Builds Manufacturing Capacity

Solex currently operates its fully automated GW-scale manufacturing facility at Tadkeshwar, on the outskirts of Surat, Gujarat. The setup integrates precision engineering, robotics, and advanced quality systems to produce high-efficiency solar PV modules up to 600+ Wp. 

Under its Vision 2030, Solex plans to achieve 10 GW of solar module manufacturing and 10 GW of cell manufacturing capacity, supported by technology partnerships, automation, and sustainable business practices. It aligns with the company’s long-term roadmap includes strategic investments exceeding over one billion dollars to create a fully integrated renewable energy ecosystem.

Chetan Shah, Chairman and Managing Director, Solex Energy, said: “The strong H1 FY26 results and our upcoming migration to the NSE Main Board reflect the trust of our stakeholders and the strength of our long-term vision. As we scale to new capacities under Vision 2030, Solex remains committed to advancing India’s clean energy transformation powered by innovation, technology, and purpose.”