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Saatvik Green Energy Shares Surge 10% on Robust Q1 Earnings

Saatvik Green Energy Shares Surge 10% on Robust Q1 Earnings

Published:
2025-10-09 12:11:02
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BTCCSquare news:

Saatvik Green Energy Ltd. hit the upper circuit limit on Thursday, soaring 10% to ₹551.70 after reporting a five-fold increase in consolidated net profit for the June 2025 quarter. The renewable energy firm posted ₹118.82 crore in net earnings, up dramatically from ₹21.24 crore in the prior-year period.

Revenue growth outpaced even these stellar gains, with operational income jumping to ₹915.73 crore from ₹245.97 crore year-over-year. "Our performance reflects both strategic capacity utilization and disciplined financial controls," said CFO Abani Jha, noting the company's 4.05 GW order book positions it for continued momentum.

The stock's circuit-breaking MOVE comes just weeks after its September 2025 exchange debut, signaling strong investor confidence in India's renewable energy sector. Trading volumes surged as the shares locked at their daily limit on the National Stock Exchange.

|Square

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