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Saatvik Green Energy 's First Q1 Results Post Listing- Profit Up 4.5x, Revenue Up 2.7 Times

Saatvik Green Energy Limited announced its Q1 results today(Oct 9). The results, delayed due to the firm's IPO in September, were expectedly a strong set of numbers, underlining the good times on solar manufacturing in India.

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SaurEnergy News Bureau
SaatvikQ1Fy26 results

Haryana based Saatvik Green Energy Limited , one of India’s leading integrated solar-energy solutions providers, that went public in September, has announced its unaudited financial results for the quarter ended June 30, 2025 (Q1 FY 26). The late results are probably due to the firm's IPO earlier, and we expect Q2 results should also follow by November possibly.

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This first quarter results reflect our consistent growth momentum, backed by improved operational efficiency, prudent cost optimization, and focused execution across all business verticals,” said Prashant Mathur, CEO of Saatvik Green Energy Limited.

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Key Financial Highlights (Q1 FY 26 vs Q1 FY 25)

Metric

Q1 FY 26

Q1 FY 25

YoY Change

Revenue from Operations (In ₹ Mn)

9157.28

2459.76

+272.28 %

EBITDA (In ₹ Mn)

1810.58

405.92

+346.04%

EBITDA Margin (In %)

19.77%

16.50%

 

Profit Before Tax (In ₹ Mn)

1495.55

295.99

+405.27 %

Net Profit / PAT (In ₹ Mn)

1188.24

212.45

+459.30 %

PAT Margin (In %)

12.98%

8.64%

 

ROCE (In %)

24.32%

13.63%

 

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Operational Highlights

·        Modules Production: 685 MW in Q1FY26 with a high capacity utilization of 81.47%

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·        Order Book: Robust and strong order book of 4.05 GW as on June 30, 2025.

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·        Capacity Expansion: Phase 1 of the 4 GW Odisha facility remains on schedule for commissioning by Q4 FY 26.

·        Debt Equity Ratio: Improvement in Debt Equity ratio from 1.36 in Q4FY25 to 1.28 in Q1FY26.

This was Saatvik Green Energy Limited’s first full quarter in the year that saw its successful stock-exchange listing.  The Q1 numbers will go a long way in dispelling investor caution that had sen the firm's stock price slip below its IPO price of Rs 465 in October. However, the stock reacted positively to the Q1 numbers, spiking 10% to over Rs 550 at close of markets today.  

Saatvik Green Energy Limited is an integrated solar-energy solutions provider engaged in the manufacturing of high-efficiency PV modules and EPC services for utility-scale, commercial, and industrial projects. As of June 30, 2025, the company operates a module capacity of ~3.8 GW and adding 1 GW additional capacity at Ambala, Haryana. Additionally, the company is undertaking a greenfield project in Odisha for 4 GW of module and 4.8 GW of solar cell. 

solar manufacturing q1 results Prashant Mathur Saatvik Green Energy
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