Renewable energy stock jumps 17% after its net profits grow by 220% YoYRenewable energy stock jumps 17% after its net profits grow by 220% YoY

Introduction

Leading renewable energy company posted a Q1FY26 net profit of ₹21.13 crore, up 135.2% QoQ and 220.6% YoY. Revenue stood at ₹177.22 crore, down 19.0% QoQ but up 55.6% YoY.

Also Read: Q1 Results: Chemical stock hits 5% upper circuit after its net profit increases by 95.7%

Share price movement of SWELECT Energy

On August 14, 2025, SWELECT Energy Systems Ltd opened at ₹755.00, up 13.85% from its previous close of ₹663.05. The stock reached a high of ₹781.15 and a low of ₹745.10. By 11:22 AM, it traded at ₹768.00, a 15.83% increase, with a market cap of ₹1,164.19 crore.

SWELECT Energy Q1 Profit Jumps

SWELECT Energy Systems Limited reported a Q1FY26 net profit of ₹21.13 crore, up 135.2% QoQ from ₹8.98 crore and rising 220.6% YoY from ₹6.59 crore in Q1FY25.

Revenue from operations stood at ₹177.22 crore in Q1FY26, marking an 19.0% decline QoQ from ₹218.81 crore but a 55.6% increase YoY from ₹113.83 crore in the same quarter last year.

Total income reached ₹188.84 crore in Q1FY26, down 18.9% QoQ from ₹232.86 crore, while recording a 50.2% rise YoY from ₹125.71 crore in the corresponding quarter of the previous financial year.

Recent news on SWELECT Energy

As of March 12, 2025, SWELECT Energy Systems Ltd secured over 150 MW orders for its high-efficiency TOPCon Bi-facial solar PV modules, achieving 100% testing success and undergoing Extended Reliability Testing with third-party re-insurance support.

Stock performance of SWELECT Energy for Period of 1 week, 6 months, and 1 year

SWELECT Energy Systems Ltd delivered a 6.58% return over the past week, gained 4.36% in the past six months, and declined 33.1% over the past year.

Also Read: Q1 Results: NBFC stock breaks 10% upper circuit after its net profit increases by 65%

Shareholding pattern of SWELECT Energy

Particulars	Jun 2025	Mar 2025	Dec 2024
Promoter	56.40%	56.40%	56.40%
FII	0.10%	0.10%	0.10%
DII	0.00%	0.00%	0.00%
Public	43.50%	43.50%	43.50%

About SWELECT Energy

SWELECT Energy Systems Ltd (NSE: SWELECTES), incorporated in 1994, focuses on renewable energy, producing solar modules, PV inverters, and related equipment, while executing rooftop installations and EPC contracts for solar and wind power projects across India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.