Indosolar Limited announced its standalone unaudited financial results for the quarter ended June 30, 2026, following its Board of Directors meeting held on July 23, 2026. The company reported a revenue from operations of ₹6,836.14 lakhs for the current quarter, representing a decrease compared to ₹7,674.84 lakhs in the previous quarter (March 31, 2026) and ₹8,423.30 lakhs in the corresponding quarter of the previous year (June 30, 2025). Meanwhile, the profit after tax for the quarter stood at ₹3,661.93 lakhs, showing a slight decrease from ₹4,199.88 lakhs in the previous quarter, but demonstrating a substantial increase compared to a loss or different baseline levels from the previous year. Specifically, comparing the current quarter performance, revenue decreased by -10.93% sequentially (QoQ) and -18.84% year-over-year (YoY), while profit after tax changed by -12.81% QoQ.

Incorporated in 2005, Indosolar Limited is a prominent manufacturer of solar photovoltaic cells and modules, operating under the umbrella of Waaree Energies Limited, India’s largest solar module manufacturer. The company’s manufacturing facility is based in Greater Noida, Uttar Pradesh. During 2025, Indosolar achieved significant milestones, including a major Offer for Sale (OFS) launched by promoter Waaree Energies in July 2025, and notable operational scale-ups that drove stellar annual revenue growth. The company continues to benefit from government support and capital subsidies, such as a recent capital subsidy approval under the U.P. Electronics Manufacturing Policy – 2020, boosting its other income and reinforcing its strategic positioning in the renewable energy sector.