SW Solar reported Q2 FY26 revenue of ₹1,748.6 crores, a 69.7% year-on-year increase, but posted a sharp net loss of ₹473.2 crores compared to a profit last year. The loss was driven by cost overruns, delayed project executions, and higher input expenses. Management expects a margin recovery in H2 FY26 through operational efficiency and improved capacity utilization. The company continues to focus on long-term renewable project expansion and financial restructuring to stabilize cash flow and profitability.