INA Solar strengthens leadership with robust H1 FY26 performance, expanded manufacturing capacity, and rising demand for advanced solar modules
Insolation Energy Limited (INA Solar), one of India’s fastest-growing solar module manufacturers, has reported a strong financial performance for the half-year ending 30 September 2025, highlighting the company’s accelerating momentum in the clean energy sector.
The company recorded a 23.53% rise in net profit to ₹80.06 crore, driven by rising solar demand, technological advancements, and expanded production capabilities.
According to its unaudited consolidated results, INA Solar’s total revenue jumped 25.62% to ₹776.75 crore, up from ₹618.30 crore in the same period last year. EBITDA surged 30.62% to ₹113.80 crore, while Profit Before Tax climbed 25.56% to ₹97.03 crore.
Profit After Tax also increased significantly, rising from ₹64.81 crore to ₹80.06 crore. Earnings Per Share strengthened to ₹3.63, marking a 16.72% improvement over last year.
The company attributed its growth to strong nationwide demand and continuous innovation across its product portfolio. With three automated manufacturing units in Jaipur and a current PV module capacity of 5.5 GW, INA Solar continues to expand its footprint in India’s renewable energy landscape.
Its product range includes high-efficiency TOPCon and MonoPERC modules from 500 Wp to 635 Wp, available in both DCR and non-DCR variants for utility, C&I, rooftop, and government projects.
Chairman Manish Gupta and Managing Director Vikas Jain said the company’s H1 performance reflects its commitment to quality and sustainable energy solutions. They highlighted that INA Solar is currently expanding further with upcoming facilities, including a 7 GW PV module line, 4.5 GW solar cell unit, and a large aluminium frame manufacturing plant.
With India’s solar sector witnessing rapid adoption, INA Solar aims to leverage its advanced manufacturing infrastructure and growing market presence to deliver even stronger results in the second half of the financial year.