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Saatvik Green Energy arm bags order worth Rs 109 crore
10-Apr-2026 | 07:21
Saatvik Green Energy said its material subsidiary, Saatvik Solar Industries, has received and accepted orders worth Rs 108.75 crore from leading domestic independent power producers and EPC players.
The orders are for the supply of solar photovoltaic (PV) modules and are scheduled to be executed by September 2026. The company confirmed that the contracts are commercial in nature, awarded by domestic entities, and do not fall under related party transactions.
Saatvik Green Energy is an integrated solar energy solutions provider engaged in manufacturing high-efficiency photovoltaic (PV) modules and offering EPC services for utility-scale, commercial, and industrial projects.
The company?s consolidated net profit surged 144.1% to Rs 98.72 crore on a 142.6% jump in net sales to Rs 1257.02 crore in Q3 FY26 over Q3 FY25.
Shares of Saatvik Green Energy rose 0.57% to close at Rs 420.95 on the BSE.
