Despite a decline in revenue and profits for the first quarter of FY 2026-27, Pace Digitek accelerates its energy storage expansion with new manufacturing milestones and increased installed capacity.
According to Renewable Watch, Pace Digitek reported a softer first quarter for FY 2026-27, with revenue from operations falling to ₹2,642 million from ₹3,397 million a year earlier. The company’s EBITDA dropped to ₹494 million from ₹730 million, while profit after tax eased to ₹425 million from ₹510 million and profit before tax slipped to ₹572 million from ₹689 million.
The results came as Pace Digitek’s energy storage arm continued to scale up. The company said its subsidiary, Lineage Power Private Limited, commissioned an extra 2,500 MWh battery energy storage system manufacturing line in August 2026, taking total installed BESS capacity to 5,000 MWh from 2,500 MWh. That followed a separate milestone reported by pv magazine India and others, which said Lineage had delivered and supported the deployment of 178 containerised BESS units by March 31, 2026.
Earlier this summer, the same subsidiary marked its first year of commercial BESS manufacturing at its Bidadi plant in Karnataka, producing more than 260 utility-scale containers and more than 1.25 GWh of integrated storage capacity, according to industry reports. Those figures suggest Pace Digitek is moving quickly from manufacturing build-out to project execution, even as its latest quarterly numbers show pressure on near-term earnings.
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