Sales up 44.63%, EBITDA up 60.41% and PAT rises 165.59% in Q1 FY2027;
AHMEDABAD, GUJARAT | 13th AUGUST 2026 | Zodiac Energy Limited, a company engaged in the solar energy sector, has reported a strong financial performance for the first quarter of FY2026-27. During Q1 FY2027, the company recorded Sales of ₹141.81 crore, compared with ₹98.05 crore in Q1 FY2026, registering a 44.63% year-on-year growth. EBITDA stood at ₹15.61 crore, compared with ₹9.73 crore in the corresponding quarter last year, reflecting a 60.41% growth. EBITDA margin also improved from 9.93% to 11.01%.
The company recorded PAT of ₹7.00 crore during Q1 FY2027, compared with ₹2.63 crore in Q1 FY2026, representing a significant 165.59% year-on-year growth. PAT margin improved from 2.69% to 4.94%. As per the company’s reported financial results, standalone Profit After Tax stood at ₹7.02 crore, while consolidated Profit After Tax stood at ₹7.00 crore for the quarter.
Kunj Shah, Chairman & Managing Director, Zodiac Energy Limited, said, “We are pleased with the strong performance delivered during the first quarter of FY2026-27. The significant improvement in revenue, EBITDA and PAT reflects the strength of our business strategy, execution capabilities and growing opportunities in the renewable energy sector. The 165%+ growth in PAT, along with the improvement in EBITDA and PAT margins, is particularly encouraging.
We remain focused on strengthening our solar project execution capabilities, expanding our project portfolio and improving operational efficiency. With the continued growth in demand for renewable energy and energy storage sector, we see significant opportunities ahead and remain committed to delivering sustainable and profitable growth over the long term.”
Solar PV, EPC and Energy Storage Business Remains a Key Growth Drivers.
The company’s Solar Photovoltaic Modules & EPC Contracts segment generated revenue of ₹137.86 crore during Q1 FY2027, while the Generation of Power segment contributed ₹5.01 crore.
The Solar PV Modules & EPC Contracts segment reported a segment result of ₹10.35 crore, while the Generation of Power segment reported a segment result of ₹1.21 crore during the quarter. Strategic Expansion, Dividend and Employee Stock Option Plan
The Board approved 98% ownership in Umaputra Solar Projects LLP and Kripalu Solar Projects LLP, while increasing its stake in Govind Solar Projects LLP and Harikrishna Solar Projects LLP from 15% to 98%, effective August 13, 2026. The Board also fixed September 16, 2026 as the Record Date for the proposed ₹0.75 per share final dividend for FY2025-26, subject to shareholder approval at the 34th AGM on September 23, 2026 at 11:30 AM. During Q1 FY2027, the company also allotted 28,043 equity shares of ₹10 face value to eligible employees under its Employee Stock Option Plan.
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