Saatvik Green Energy Q1 FY27 Results: Revenue ₹511 Cr, PAT ₹54 Cr
Saatvik Green Energy reported Q1 FY27 revenue of ₹511 crore and PAT of ₹5.4 crore. The company is expanding its Odisha manufacturing campus with Phase 2 (3.6 GW cell capacity) to start by Q2 FY27 and Phase 3 (6 GW ingot & wafer) by FY29. It holds a 6.35 GW order book.
The announcement pertains to the company's quarterly financial results, which are material information for investors. The significant drop in revenue and PAT, along with details on ongoing and future expansion projects, will have a considerable impact on investor perception and the company's stock.
The company reported a significant decrease in revenue and profit after tax for the quarter ended June 30, 2026, compared to the same period last year. While expansion plans are underway, the financial performance indicates a negative trend.
Saatvik Green Energy Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a revenue from operations of ₹5,110 million (₹511 crore) for Q1 FY27, compared to ₹9,157 million (₹915.7 crore) in the same quarter of the previous year (Q1 FY26).
Profit After Tax (PAT) for the quarter stood at ₹54 million (₹5.4 crore), a decrease from ₹1,166 million (₹116.6 crore) in Q1 FY26. EBITDA for the quarter was ₹425 million (₹42.5 crore), down from ₹1,777 million (₹177.7 crore) in Q1 FY26.
The company also highlighted its ongoing expansion projects, including Phase 2 of its Odisha project, which involves a 27-acre land parcel for an additional 3.6 GW cell manufacturing capacity, bringing the total to 6 GW. Site activities for Phase 2 are expected to commence by the end of Q2 FY27, with targeted completion by FY28. Phase 3, planned for 6 GW ingot & wafer capacity, is targeted for completion by FY29.
Saatvik Green Energy's integrated manufacturing campus in Odisha includes a 2.4 GW cell line and a 4 GW module line. The company is also expanding its encapsulant capacity to 5 GW and has a planned ingot & wafer capacity of 6 GW. The total module capacity is projected to reach 8.8 GW.
The company secured new orders totaling ₹138 crore (execution by Dec 2026), ₹400.16 crore (execution by March 2027), and ₹171.45 crore (execution by Oct 2026), contributing to a confirmed order book of 6.35 GW, which is approximately 132% of its installed capacity.
Saatvik Green Energy also reported achieving an EcoVadis Bronze Medal and highlighted its sustainability initiatives, including water management, renewable energy adoption, waste management, and community engagement programs.
What to do with a filing like this
Saatvik Green Energy Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Saatvik Green Energy Limited. Read the original for the full detail.