Saatvik Green Energy, an integrated solar energy solutions provider, today announced that its H1 FY26 revenue from operations more than doubled to INR 16,838 million from INR 7,213 million in H1 FY25 (+133% YoY). H1 FY26 profit after tax (PAT) surged over 146% YoY to INR 2,021 million compared to INR 823 million in H1 FY25.
Q2 FY26 performance remained strong with revenue at INR 7,680 million (+61.6% YoY) and PAT at INR 832 million (+36.4% YoY), sustaining double-digit margins.
Order book expanded to nearly 4.68 GW as of Sept. 30 2025, providing strong revenue visibility.
The company scale its manufacturing capacity at Ambala to 4.8 GW, while greenfield integrated 4 GW module + 4.8 GW solar cell facility in Odisha is on track for commissioning of Phase I in Q4 FY26.
“Our H1 FY26 performance clearly demonstrates that Saatvik’s growth is both accelerated and disciplined. Revenue from operations grew by over 133%, EBITDA more than doubled, and PAT expanded by over 145% year-on-year in the first half. Throughout this high-growth phase, we maintained healthy double-digit margins and strengthened our balance sheet. Our Debt-to-Equity ratio improved to 0.44 from 1.37, reflecting prudent leverage and better capital efficiency, even as we invest aggressively in Odisha, Ambala, and future manufacturing locations.”
“For Q2 FY26, the performance remained strong with revenue at INR 7,680 million (+61.6% YoY) and PAT at INR 832 million (+36.4% YoY), supported by healthy EBITDA margins of 16.08%. Robust topline growth reflected higher capacity utilization and sustained market demand. Improved operational efficiencies, cost optimization, and a richer product mix further strengthened profitability,” added Prashant Mathur.
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