Swelect Energy Systems Limited — Important, 27-07-2025: Updates
27-07-2025 | 05:06 pm
27-07-2025 | 05:06 pm
SWELECT Energy Systems delivered robust consolidated revenue growth to ₹621.67 Cr, despite net profit of ₹13.98 Cr, impacted by deferred tax liability. Key strategic moves include raising ₹290 Cr via Non-Convertible Debentures to fuel IPP portfolio expansion to GW scale. Manufacturing capacity at SHPV will double to 2 GW, with a 1.2 GW solar cell plant planned. The company also commissioned a 500 kW Wind-Solar Hybrid BESS project, marking progress in new energy solutions. Contingent liabilities were rectified to ₹160.30 Cr due to a printing error, deemed non-material.
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