
Emmvee Approves ₹1 Dividend as FY26 Profit Rises 193%
Emmvee Photovoltaic Power Ltd. has approved a final dividend of ₹1 per equity share of face value ₹2 for FY2025-26, following its 19th Annual General Meeting and first AGM since its stock-market listing in November 2025.
The company reported consolidated revenue from operations of ₹5,050 crore in FY26, up 116% year-on-year, while profit after tax increased 193% to ₹1,082 crore. The growth was supported by higher production volumes, increased manufacturing scale and integrated operations.
Emmvee continued its growth momentum in Q1 FY27, with revenue rising 51% year-on-year and profit after tax increasing 103%. Its order book stood at approximately 9.9 GW as of June 30, 2026.
The company is also developing a 6 GW integrated solar cell and module manufacturing facility at Devanahalli, Karnataka. Emmvee currently has approximately 10.3 GW of annual solar module manufacturing capacity and 2.94 GW of TOPCon solar cell capacity.