Emmvee Photovoltaic Power on Thursday reported a threefold increase in its net profit for the December quarter, driven by a sharp rise in revenues and a strong execution pipeline. The company posted a net profit of ₹264 crore in Q3, compared with around ₹199 crore in the same period last year, according to a company statement.

Revenue from operations more than doubled year-on-year to ₹1,152.3 crore, up from ₹528.3 crore in the corresponding quarter, reflecting robust demand across utility-scale and commercial solar projects. The performance was further supported by improved capacity utilisation and operational efficiencies.

As of December 2025, Emmvee’s order book stood at a healthy 9.3 GW, providing strong revenue visibility for the coming quarters. Of this, nearly 6.3 GW is scheduled for execution over the next 12–18 months, positioning the company for sustained growth.

Chairman and Managing Director Manjunatha Donthi Venkatarathnaish said the strong quarterly performance underscores Emmvee’s strategic focus on capacity expansion and backward integration. He added that the company continues to benefit from rising domestic demand, policy support for renewable energy, and the government’s push to strengthen local manufacturing under the clean energy transition.

Emmvee is currently the second-largest pure-play integrated solar cell and module manufacturer in India, playing a key role in the country’s expanding solar manufacturing ecosystem.