Swelect Reports FY26 Consolidated Profit After Tax

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.