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India-based Alpex Solar, global manufacturer of PV modules, has reported consolidated operating revenue of INR 671.96 crores (~ $70.21 million) in Q4 FY26, up 105.3% year-on-year. The firm posted an increase in its EBITDA by 69.4% to INR 92.87 crores (~$9.70 million). The company informed that its 2.2 GW G12R TOPCon third-generation solar cell production facility is likely to become operational within the next 90 days. During FY26, Alpex Solar posted a turnover of INR 2,223.27 crores (~$232.33 million) as compared to INR 780.15 crores (~$81.51 million) during FY25. Its PAT was recorded at INR 201.51 crores (~$21.05 million), recording an increase of 141.4%. The company also announced future plans for 5 GW solar glass manufacturing and 5 GW ingot and wafer manufacturing capacities by 2030.
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