Saatvik Green Energy Q2 Net Profit Falls 76% to ₹20.2 Crore.
Despite a sharp decline in profitability, revenue rises 17.5% year-on-year, while the company’s confirmed order book reaches 6.68 GW.
Despite a sharp decline in profitability, revenue rises 17.5% year-on-year, while the company’s confirmed order book reaches 6.68 GW.
Saatvik Green Energy reported a 76% year-on-year decline in consolidated net profit to ₹20.2 crore for the second quarter of FY27, compared with ₹84.7 crore in the corresponding quarter of FY26. However, revenue from operations increased to ₹902.6 crore during the September 2026 quarter, against ₹768 crore a year earlier, reflecting continued business growth. The company’s confirmed order book stood at 6.68 GW as of September 2026, providing visibility beyond the current financial year. Commenting on the performance, Prashant Mathur, CEO of Saatvik Green Energy, described the first half of FY27 as a period of investment ahead of the curve. He said the company was prioritising long-term positioning over short-term financial performance. He added that demand remained strong across government, utility and commercial and industrial (C&I) segments, supported by repeat orders and large-scale customer commitments.