India's Saatvik Green Energy falls after Q4 profit drops on cost surge

Saatvik Green Energy

21/05/2026 09:47

** Shares of India's Saatvik Green Energy SAAT.NS down as much as 9.53%, last down 4.69% to 433 rupees

** SAAT posted a profit of 606.1 million rupees ($6.29 million) in Q4, down 36% Y/Y

** Total expenses rose ~95% to 15.39 billion rupees in Q4 as cost of materials consumed more than doubled

** Trading vols at 580,994 shares vs 30-day avg of 233,211 shares

** YTD stock up ~21%

($1 = 96.3500 Indian rupees)

 (Reporting by Devika Nair in Bengaluru)

 ((Devika.MadhusudhananNair@thomsonreuters.com;))