SWELECT Energy reports FY26 PAT of Rs 57.58 crore

SWELECT Energy Systems Ltd. reported a consolidated profit after tax (PAT) of Rs 57.58 crore for the financial year ended March 31, 2026, compared to Rs 13.98 crore in the previous fiscal year. The company’s board approved the standalone and consolidated financial results for the quarter ended March 31, 2026 (unaudited) and the full financial year ended March 31, 2026 (audited).

For FY26, the company reported total income of Rs 693.21 crore, up from Rs 668.61 crore in FY25. Revenue from operations increased to Rs 657.12 crore from Rs 621.67 crore in the previous year. Earnings before interest, taxes, depreciation and amortisation (EBITDA), before exceptional items, rose 30% year-on-year to Rs 187.46 crore, compared to Rs 143.79 crore in FY25.

Profit before tax (PBT) stood at Rs 75.57 crore for FY26 against Rs 43.60 crore in FY25. PAT increased to Rs 57.58 crore from Rs 13.98 crore during the same period.

In the fourth quarter of FY26, total income declined to Rs 209.80 crore from Rs 232.86 crore in Q4 FY25. Revenue from operations also fell to Rs 202.42 crore compared to Rs 218.81 crore in the corresponding quarter of the previous year.

Quarterly EBITDA stood at Rs 42.87 crore in Q4 FY26, marginally higher than Rs 42.67 crore in Q4 FY25. PBT declined to Rs 12.80 crore from Rs 15.74 crore, while PAT rose to Rs 11.09 crore from Rs 8.98 crore.

1. Chellappan, Founder and Vice Chairman of SWELECT Energy Systems, said the company’s performance was supported by its focus on responsible energy and the launch of its Battery Energy Storage Systems (BESS) portfolio. He added that the company continues to invest in manufacturing infrastructure for solar and BESS to address domestic demand for clean and reliable energy solutions.

Dr. Arulkumar Shanmugasundaram, Chief Executive Officer (CEO) and Managing Director, said the 30% increase in EBITDA reflected improved operating performance. He added that the company remains on track to achieve its target of developing a 1 GW independent power producer (IPP) portfolio within two years.

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