Solex Energy bags ₹276 crore solar PV module order

Solex Energy Limited announced the receipt of a ₹276 crore work order from a domestic independent power producer for the manufacture and supply of N-type TOPCon solar PV modules, providing fresh visibility

to its order book.

The order involves the supply of 615 Wp and 620 Wp glass-to-glass (G12R) solar modules and is scheduled to be executed between February and May 2026, according to a regulatory filing.

The value is inclusive of all applicable duties and taxes, with the company clarifying that the transaction does not fall under related-party dealings.

On Monday, shares of Solex Energy closed 0.87% lower at ₹1,110 on the NSE.

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For the quarter ended September 2025, Solex Energy reported net sales of ₹148.61 crore, up 12.79% year-on-year. However, net profit declined sharply by 62.75% to ₹3.40 crore, compared with ₹9.13 crore in the same period last year. EBITDA stood at ₹15.05 crore, marginally lower on a year-on-year basis.