StockWatch
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Other Electrical Equipment
Quarterly Result5 Nov 2026, 03:51 pm

Saatvik Green Energy Q2 FY27 Revenue Up 17.5% to ₹9,026 Mn

AI Summary

Saatvik Green Energy Limited announced its unaudited financial results for Q2 FY27, reporting revenue of ₹9,026 Mn, a 17.53% increase year-on-year. Profit After Tax (PAT) stood at ₹202 Mn, a significant decrease of 76.15% compared to Q2 FY26. The company commenced commercial production at its Odisha facility, which has a Phase I module capacity of approximately 1.3 GW operational. Key operational highlights include securing a ₹1,041.63 crore order from SECI for 600 MWp of domestically manufactured solar modules. The confirmed order book reached ₹8,800 crore as of September 2026. The company also launched its Quad-Cut TOPCon 3.0 Dual Glass Bifacial module and is expanding its manufacturing capabilities in cells, encapsulants, and plans for ingot and wafer production.

Key Highlights

  • Revenue grew 17.53% YoY to ₹9,026 Mn in Q2 FY27.
  • PAT declined 76.15% YoY to ₹202 Mn in Q2 FY27.
  • Commercial production started at Odisha facility.
  • Secured ₹1,041.63 crore order from SECI for 600 MWp modules.
  • Order book stands at ₹8,800 crore as of September 2026.