How did Emmvee's Q1 revenue compare with the prior quarter?

Consolidated revenue was ₹1,555.52 crore, down from ₹1,738.81 crore in the March 2026 quarter.

What was the net profit for Q1 FY27?

Net profit came in at ₹380.29 crore, slightly lower than ₹392.38 crore in the preceding quarter.

Did the board recommend a dividend?

Yes, a final dividend of ₹1 per equity share (face value ₹2) for FY26, subject to shareholder approval.

Was there any surprise in the results?

No. The limited review opinion is unmodified, and the numbers are in line with recent trajectory. There is no strategic surprise or external catalyst.

Earnings · Solar Panels · Large cap

Emmvee Q1 revenue dips, profit nearly flat; ₹1 dividend proposed

Consolidated revenue ₹1,555.52 crore and net profit ₹380.29 crore for June quarter. Board recommends final dividend of ₹1 per share. Routine filing with no surprises.

— 3 earlier stories on Emmvee Photovoltaic Power Ltd. →

EMMVEE By Tipsheet Editorial 15 Jul 2026 · 7:12 PM IST Verify on BSE · NSE

Mkt cap₹23,349 cr

P/E21.59×

ROE68.74%

Debt / eq.3.63

Div yld0.30%

₹1,555.52 cr Q1 FY27 consolidated revenue

What's new

Revenue fell to ₹1,555.52 crore from ₹1,738.81 crore in the March quarter.
Net profit slid marginally to ₹380.29 crore from ₹392.38 crore.
Board recommended a final dividend of ₹1 per equity share for FY26.

Why this matters

A routine quarter with no surprises. The unmodified limited review and slight sequential decline reflect a stable, cash-generative solar player. The dividend adds a yield dimension for a stock trading at a P/E of 21.6.

What we're watching

Whether the revenue dip is seasonal or signals slowing order inflow.
The next quarter's margin trend: profit held up better than revenue this time.

The full read

Emmvee Photovoltaic's June quarter numbers are a routine check-in: revenue of ₹1,555.52 crore and net profit of ₹380.29 crore, both down slightly from the March quarter. The board also proposed a ₹1 final dividend for FY26. Nothing suggests a shift in momentum. The limited review is unmodified, and the sequential dip is modest. For a stock with trailing ROE of 68.7% and a market cap of ₹23,349 crore, this is a steady-as-she-goes quarter.

Questions answered

How did Emmvee's Q1 revenue compare with the prior quarter?: Consolidated revenue was ₹1,555.52 crore, down from ₹1,738.81 crore in the March 2026 quarter.
What was the net profit for Q1 FY27?: Net profit came in at ₹380.29 crore, slightly lower than ₹392.38 crore in the preceding quarter.
Did the board recommend a dividend?: Yes, a final dividend of ₹1 per equity share (face value ₹2) for FY26, subject to shareholder approval.
Was there any surprise in the results?: No. The limited review opinion is unmodified, and the numbers are in line with recent trajectory. There is no strategic surprise or external catalyst.

Mentioned: ₹1,555.52 cr revenue · ₹380.29 cr profit · ₹1 dividend

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Emmvee Photovoltaic Power Ltd.

Solar Panel

₹23,876 cr

P/E 18.74×

Latest quarter · Jun 2026

Sales₹1,556 cr

Net profit₹380 cr

Op. margin+35.2%

EPS₹5.49

Strength & growth

Debt / equity3.63×

Current ratio1.24×

Story so far

All notes on EMMVEE →

15 Jul 2026 · 7:12 PM IST Emmvee Q1 revenue dips, profit nearly flat; ₹1 dividend proposed
6d ago Emmvee hits record margins, PAT surges to ₹380 cr, order book at 9.9 GW
7d ago Emmvee Q1 revenue dips, profit nearly flat; dividend of ₹1 proposed
37d ago Emmvee's manufacturing chief quits, internal successor named