Swelect Reports FY26 Consolidated Profit After Tax
ECONOMY & POLICY

Swelect Reports FY26 Consolidated Profit After Tax

The board of directors of SWELECT Energy Systems Limited approved consolidated and standalone financial results for the quarter and year ended March 31, 2026. The company reported a consolidated profit after tax for the financial year of Rs 575.8 mn and highlighted growth in operating metrics. The release reflects the company’s evolution from Numeric to SWELECT and its focus on renewable energy solutions.

In this report million (mn) and billion (bn) are used as abbreviations after first mention. Consolidated results for the fourth quarter showed total income of Rs 2.098 bn and revenue from operations of Rs 2.024 bn, compared with Rs 2.3286 bn and Rs 2.1881 bn respectively in the prior year quarter. EBITDA for the quarter was Rs 428.7 mn while profit before tax stood at Rs 128.0 mn and profit after tax at Rs 110.9 mn.

For the full year the company recorded total income of Rs 6.9321 bn and revenue from operations of Rs 6.5712 bn, with full year EBITDA of Rs 1.8746 bn. Profit before tax rose to Rs 755.7 mn and profit after tax increased to Rs 575.8 mn from Rs 139.8 mn a year earlier. The company said EBITDA expanded by 30 per cent year on year, signalling improved margins across its businesses.

Management indicated that the firm has deepened its commitment to responsible energy and launched a battery energy storage systems portfolio while pursuing investments in manufacturing for solar and BESS to support local production. The founder noted continued focus on safety, quality, environmental, social and governance standards and customer satisfaction, and the chief executive officer said the company is well positioned to pursue a one GW independent power producer portfolio in a two-year timeframe. SWELECT described its operations as spanning independent power producer energy sales, ground mounted and rooftop engineering, procurement and construction work and channel driven product businesses backed by vertically integrated manufacturing.

The board of directors of SWELECT Energy Systems Limited approved consolidated and standalone financial results for the quarter and year ended March 31, 2026. The company reported a consolidated profit after tax for the financial year of Rs 575.8 mn and highlighted growth in operating metrics. The release reflects the company’s evolution from Numeric to SWELECT and its focus on renewable energy solutions. In this report million (mn) and billion (bn) are used as abbreviations after first mention. Consolidated results for the fourth quarter showed total income of Rs 2.098 bn and revenue from operations of Rs 2.024 bn, compared with Rs 2.3286 bn and Rs 2.1881 bn respectively in the prior year quarter. EBITDA for the quarter was Rs 428.7 mn while profit before tax stood at Rs 128.0 mn and profit after tax at Rs 110.9 mn. For the full year the company recorded total income of Rs 6.9321 bn and revenue from operations of Rs 6.5712 bn, with full year EBITDA of Rs 1.8746 bn. Profit before tax rose to Rs 755.7 mn and profit after tax increased to Rs 575.8 mn from Rs 139.8 mn a year earlier. The company said EBITDA expanded by 30 per cent year on year, signalling improved margins across its businesses. Management indicated that the firm has deepened its commitment to responsible energy and launched a battery energy storage systems portfolio while pursuing investments in manufacturing for solar and BESS to support local production. The founder noted continued focus on safety, quality, environmental, social and governance standards and customer satisfaction, and the chief executive officer said the company is well positioned to pursue a one GW independent power producer portfolio in a two-year timeframe. SWELECT described its operations as spanning independent power producer energy sales, ground mounted and rooftop engineering, procurement and construction work and channel driven product businesses backed by vertically integrated manufacturing.

Next Story
Products

Fynd Launches AI Platform to Accelerate Fashion Creation

Fynd, an AI-native retail technology company backed by Reliance Retail Ventures, has launched Fynd Create, a platform designed to bring design intelligence, sourcing and manufacturing onto a single connected ecosystem. The platform aims to help brands respond faster to changing consumer preferences and shorten product development cycles.As social media trends continue to compress traditional fashion seasons, brands are under increasing pressure to move from seasonal planning to demand-driven production. Conventional supply chains, often characterised by long lead times and fragmented operation..

Next Story
Resources

Modis Navnirman Appointed For Neel Kiran CHSL Redevelopment

Modis Navnirman (MNL) has been appointed as the developer for the redevelopment of Neel Kiran Co-operative Housing Society Ltd in Khar West, Mumbai, following a selection process in which members chose MNL as their preferred partner. The appointment will add approximately Rs two point five billion (Rs two point five bn) to the company's Gross Development Value pipeline and strengthen its focus on redevelopment and urban renewal projects across the Mumbai Metropolitan Region. The project site is a landmark residential society in Khar West, and the selection reflects members' preference for a pa..

Next Story
Infrastructure Energy

Diamond Power Commissions Eighth MV and EHV Cable Line

Diamond Power Infrastructure (DPIL) has commissioned its eighth Medium Voltage (MV) and Extra High Voltage (EHV) power cable production line at its manufacturing facility in Vadodara, Gujarat. The new line enhances the company's manufacturing capacity in the technologically advanced MV and EHV underground power cable segment. This segment supplies cables for power transmission networks, power generation projects and renewable energy evacuation systems. The development is presented as a step to meet evolving infrastructure needs. The MV and EHV cables produced at the Vadodara facility serve urb..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement