Swelect Energy Systems' Q1 FY 2026-27 Quarterly Results

Result Summary

• Swelect Energy Systems Ltd reported a 32.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a decline of 25.5%.
• Its expenses for the quarter were down by 33.8% QoQ and 19.1% YoY.
• The net profit decreased 30.9% QoQ and decreased 63.8% YoY.
• The earnings per share (EPS) of Swelect Energy Systems Ltd stood at 4.64 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Swelect Energy Systems Ltd is a company primarily engaged in the energy sector, focusing on the manufacturing and supply of solar photovoltaic modules and systems. It operates within the renewable energy industry, which is critical for sustainable power solutions in India and across the globe. The company has established itself as a significant player in the solar energy segment, contributing to the increased adoption of clean energy. Recent developments for the company, if any, are not available at the moment.

Revenue

In the first quarter of the fiscal year 2027 (Q1FY27), Swelect Energy Systems Ltd reported a total income of ₹140.72 crores. Compared to the previous quarter (Q4FY26), where the total income was ₹209.80 crores, there was a quarter-over-quarter (QoQ) decrease of 32.9%. Additionally, when comparing the performance year-over-year (YoY), the total income in Q1FY27 showed a reduction of 25.5% from ₹188.84 crores in Q1FY26. This trend reflects a notable decline in revenue generation for the company over both the quarterly and annual periods.

Profitability

The profitability metrics for Swelect Energy Systems Ltd in Q1FY27 reveal a profit before tax (PBT) of ₹10.42 crores, marking an 18.8% QoQ decline from ₹12.83 crores in Q4FY26. On a YoY basis, there was a significant reduction of 62.6% from ₹27.85 crores in Q1FY26. The profit after tax (PAT) for Q1FY27 was ₹7.66 crores, showing a decrease of 30.9% QoQ from ₹11.09 crores in Q4FY26 and a YoY decline of 63.8% from ₹21.14 crores in Q1FY26. The earnings per share (EPS) dropped to ₹4.64 in Q1FY27, compared to ₹6.72 in Q4FY26 and ₹13.95 in Q1FY26, reflecting a decrease of 31.0% QoQ and 66.7% YoY.

Operating Metrics

The total expenses incurred by Swelect Energy Systems Ltd in Q1FY27 amounted to ₹130.29 crores, which represents a 33.8% QoQ decrease from ₹196.87 crores in Q4FY26 and a 19.1% YoY reduction from ₹161.00 crores in Q1FY26. The tax expense for the same quarter was ₹2.74 crores, indicating a 60.2% increase from ₹1.71 crores in Q4FY26, while it decreased by 59.2% from ₹6.71 crores in Q1FY26. These operating metrics provide insight into the company's cost management and tax liabilities over the reported periods.