Saatvik Green Energy Limited (NSE: SAATVIKGL, BSE: 544526) has reported robust financial performance for the second quarter, with significant growth in both revenue and profitability, alongside important organizational changes.

Financial Highlights

The company's consolidated financial results for Q2 reveal:

This substantial growth in both top and bottom lines underscores Saatvik Green Energy's strong market position and operational efficiency in the renewable energy sector.

Key Performance Indicators

• Revenue Growth: The company's revenue surged by 62% year-over-year, reaching ₹7,680.00 million in Q2 FY2026, up from ₹4,753.00 million in the same quarter last year.
• Profit Expansion: Net profit saw a significant increase of 36%, rising to ₹832.00 million from ₹612.00 million in the corresponding quarter of the previous fiscal year.
• Margin Improvement: Despite the substantial revenue growth, the company has improved its profit margins, indicating enhanced operational efficiency.

Recent Developments

Saatvik Solar Industries Private Limited, a material subsidiary of Saatvik Green Energy, has secured orders worth ₹299.40 crores from three Independent Power producers/EPC Players for the supply of solar PV modules. These orders are set to be executed between December 2025 and March 2026.

Organizational Changes

The company's Board has approved the addition of senior management personnel due to internal changes in roles, designations, and responsibilities. This decision was made during a Board meeting held on November 6, 2025, which commenced at 4:10 p.m. and concluded at 5:00 p.m. Detailed disclosures for each management addition will be provided separately in compliance with regulatory requirements.

Conclusion

Saatvik Green Energy's Q2 results demonstrate the company's strong growth trajectory in the renewable energy sector. With a significant increase in both revenue and profitability, coupled with new orders for its subsidiary and organizational changes, the company appears well-positioned for continued success.

Saatvik Green Energy Limited has announced a significant development in its solar energy business. The company's material subsidiary, Saatvik Solar Industries Private Limited, has secured orders worth INR 299.40 crores for the supply of solar photovoltaic (PV) modules. This development marks a substantial boost for the company's position in the renewable energy sector.

Order Details

The orders, which are domestic in nature, have been received from three renowned Independent Power producers and EPC (Engineering, Procurement, and Construction) players. Here are the key details of the orders:

Company Disclosure

In compliance with regulatory requirements, Saatvik Green Energy Limited has made several important disclosures regarding these orders:

1. The orders are purely domestic in nature.
2. The company has confirmed that its promoters have no interest in the entities awarding the orders.
3. These transactions do not fall within the category of related party transactions.

Market Implications

This development is significant for Saatvik Green Energy Limited and the broader solar energy sector in India. The substantial order value of INR 299.40 crores indicates strong demand for solar PV modules in the domestic market. It also reflects positively on the quality and competitiveness of Saatvik Solar Industries Private Limited's products.

The execution timeline of December 2025 to March 2026 suggests a medium-term boost to the company's order book, providing visibility for future revenue streams.

Conclusion

The securing of these orders by Saatvik Solar Industries Private Limited demonstrates the growing momentum in India's renewable energy sector. As the country continues to push for increased adoption of clean energy, companies like Saatvik Green Energy Limited are well-positioned to benefit from this trend.