Saatvik Green Energy's Profit Soars with Increasing Solar Demand

Saatvik Green Energy reported a significant 144% increase in net profit to Rs 98.72 crore for the December quarter, driven by robust solar module demand and increased revenues. The company's order book stood strong at 5.05 GW, with a 0.66 debt-equity ratio reflecting financial strength. Manufacturing expansions continue.

Saatvik Green Energy, a key player in India's solar photovoltaic manufacturing sector, witnessed a dramatic 144% increase in its consolidated net profit, reaching Rs 98.72 crore during the December quarter.

This remarkable growth, up from Rs 40.5 crore the previous year, was primarily driven by heightened demand for solar modules, as revenues surged to Rs 1,257.02 crore from Rs 518.2 crore a year ago.

CEO Prashant Mathur highlighted the company's strong revenue visibility, with an order book of 5.05 GW as of December 31, 2025. With a better debt-equity ratio of 0.66, Saatvik continues to expand its manufacturing capabilities in Odisha and Haryana.

(With inputs from agencies.)