Q1 FY26 Highlights - Operating portfolio increased by 23% year-over-year (YoY) due to the commissioning of 2.2 GW since July 2024[19, 21] - Committed portfolio stands at 18.2 GW (+1.1 GWh BESS), with 3.7 GW of PPAs signed in the trailing twelve months (TTM) and a pipeline of 25 GW+ (+~3 GWh BESS)[19] - Adjusted EBITDA for Q1 FY26 reached INR 27.2 billion, a 43% increase YoY[19] - Profit After Tax (PAT) for Q1 FY26 was INR 5.1 billion, a ~13x increase YoY[19] Manufacturing Performance - Over 900 MW of modules and 400 MW of cells were produced in Q1 FY26[19] - Adjusted EBITDA from manufacturing was INR 5.3 billion[19] - FY26 Adjusted EBITDA guidance from manufacturing revised from INR 5-7 billion to INR 8-10 billion[19] ESG and Sustainability - Scope 1 and 2 GHG emissions reduced by 18.2% from the baseline, exceeding the target of 12.6%[19] - Water saved amounted to 540,372 cubic meters, a 51% YoY increase[19] Financial Guidance - FY26 Adjusted EBITDA guidance is INR 87-93 billion (includes INR 8-10 billion from manufacturing + INR 1-2 billion gain from asset sales)[54] - Total committed portfolio is expected to reach 18.2 GW[54]