While Saatvik Green Energy reported significant revenue growth for both the March quarter and the entire financial year, the company experienced pressure on its quarterly profitability due to increasing operational costs affecting its margins.
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On Wednesday, Saatvik Green Energy disclosed a more than 36% decline in consolidated net profit, dropping to ₹60.42 crore in the March quarter compared to the same duration last year, attributed to rising expenses.
The consolidated net profit was previously ₹94.71 crore for the quarter ending March 31, 2025, as indicated in a regulatory filing.
Expenses climbed to ₹1,538.84 crore in the quarter, up from ₹790.29 crore in the identical quarter last year.
Total income increased to ₹1,616.61 crore for the quarter compared to ₹921.95 crore a year earlier.
For the fiscal year, consolidated net profit rose to ₹357.11 crore from ₹217.14 crore the prior year. Total income also jumped to ₹4587.99 crore from ₹2192.46 crore year-over-year.
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