Emmvee H1 FY27 Revenue Rises 45.1% to ₹3,131.9 Crore; PAT Surges 79.1%

Emmvee Photovoltaic Power Limited reported a 45.1% year-on-year increase in consolidated revenue from operations to ₹3,131.9 crore for H1 FY27. Profit after tax (PAT) rose 79.1% to ₹762.3 crore, while EBITDA increased 47.4% to ₹1,105 crore.

For Q2 FY27, revenue grew 39.4% year-on-year to ₹1,576.4 crore, while PAT increased 60.6% to ₹382 crore.

Capacity Expansion and Integration

Emmvee is progressing with its 6 GW integrated TOPCon module and cell manufacturing expansion, with the module line expected to be commissioned by December 2026 and the cell line by March 2027.

Once fully commissioned, the expansion is expected to increase annual manufacturing capacity to approximately 16.3 GW for modules and 8.9 GW for cells.