Despite reporting strong revenue growth in both the March quarter and the full financial year, Saatvik Green Energy witnessed pressure on quarterly profitability as rising operational costs weighed on margins.
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Saatvik Green Energy on Wednesday reported over 36% dip in consolidated net profit to ₹60.42 crore in the March quarter compared to the year-ago period due to higher expenses.
The consolidated net profit was ₹94.71 crore in the quarter ended on March 31, 2025, a regulatory filing showed.
Total expenses rose to ₹1,538.84 crore in the quarter from ₹790.29 crore in the same period a year ago.
Total income also increased to ₹1,616.61 crore in the quarter from ₹921.95 crore a year ago.
During the fiscal year, the consolidated net profit rose to ₹357.11 crore from ₹217.14 crore in the year ago. Total income in the fiscal year rose to ₹4587.99 crore from ₹2192.46 crore the previous year.
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