Saatvik Green Energy Net Profit Falls 76% to Rs 20 Cr in Q2

New Delhi: Saatvik Green Energy on Thursday reported a 76 per cent year-on-year decline in its net profit to Rs 20.2 crore in the September quarter of FY27.

The net profit was Rs 84.7 crore in the quarter ended September 2025, the company said in a statement.

Prashant Mathur, Chief Executive Officer, Saatvik Green Energy, said: “H1 FY27 is best read as a period of investment ahead of the curve. Our reported numbers reflect the transition as we build our next phase, and we chose to prioritise long-term positioning over short-term optics.”

What gives us confidence is the quality of demand. Customers across government, utility and C&I segments continue to place repeat and large-scale orders with us, and our order book gives us clear visibility well beyond this financial year, he added.

Revenues from operation rose to Rs 902.6 crore in the quarter from Rs 768 crore in the same period a year ago.

Its confirmed order book stood at 6.68 GW as of September 2026.

(Disclaimer: Except for the headline, this article has not been edited by HDFC Sky editorial team and is auto-generated from PTI feed.)