Ahmedabad, November 12: Renewable energy solutions provider Zodiac Energy Limited has reported a consolidated net profit of ₹ 2.66 Crore on the revenue of ₹96.78 Crore for second quarter ended September 30, 2025 (Q2 FY26) and net profit of ₹5.28 crore for the half year ended September 30, 2025 (H1 FY26), supported by a healthy performance across its solar EPC and power generation businesses.
At its meeting held in Ahmedabad on November 12, 2025, the Board of Directors approved the unaudited standalone and consolidated financial results for Q2 FY26, along with other routine business matters.
Financial Highlights
The Company delivered exceptional growth in the quarter ended September 30, 2025
- Revenue from Operations increased from Rs.52.70 Crore in Q2-FY2025 to Rs.96.78 Crore in Q2-FY2026 reflecting year over year (Y-o-Y) quarterly growth of 83% and increased from Rs.132.10 Crore in H1-FY2025 to Rs.194.83 Crore in H1-FY2026 reflecting Y-o-Y half yearly growth of 48%
- Earning Before Interest Depreciation Taxation and Amortisation (EBIDTA) increased from Rs.4.91 Crore in Q2-FY2025 to Rs.10.30 Crore in Q2-FY2026 reflecting Y-o-Y quarterly growth of 110% and increased from Rs.9.10 Crore in H1-FY2025 to Rs.20.03 Crore in H1-FY2026 reflecting Y-o-Y half yearly growth of 120%
- EBIDTA margin has increased by 134 bps from 9.30% in Q2-FY2025 to 10.64% in Q2-FY2026 and increased by 340 bps from 6.90% in H1-FY2025 to 10.30% in H1-FY2026
- Profit After Taxation (PAT) increased from Rs.2.49 Crore in Q2-FY2025 to Rs.2.66 Crore in Q2-FY2026 reflecting Y-o-Y quarterly growth of 7% and increased from Rs.4.82 Crore in H1-FY2025 to Rs.5.28 Crore in H1-FY2026 reflecting Y-o-Y half yearly growth of 10%
Management Commentary
Zodiac Energy’s operations are spread across two main verticals — (1) EPC (Engineering, Procurement & Construction) contracts, solar photovoltaic module trading and (2) Power generation — both of which delivered stable contributions during the quarter.
The CMD of the company, Mr. Kunjbihari J. Shah stated that the company has delivered the robust growth despite challenges posed by extended rainy season, which disrupted the working on site. The company is looking forward to deliver stronger results in coming quarters.
Zodiac Energy Limited remains focused on leveraging its sectoral expertise in solar EPC to participate actively in the solar infrastructure development drive within India and selectively abroad. The Company continues to monitor industry trends and regulatory developments to ensure compliance and maximize stakeholder returns.
The results and requisite disclosures are available on the Company’s website at www.zodiacenergy.com and filed with the NSE Limited and BSE Limited in line with Listing Regulations.



































