Financial Results Highlights

Q2 FY27 Performance

  • Revenue: ₹1,527 crore
  • Profit: ₹17 crore

H1 FY27 Performance (April-September 2026)

  • Profit After Tax (PAT): ₹70 crore
  • Significant turnaround from H1 FY26 loss of ₹439 crore
  • Operations and Maintenance (O&M) revenue: ₹183 crore, representing 48% year-on-year growth from ₹124 crore in H1 FY26

Operational and Business Metrics

Order Book Status

  • Unexecuted order book: ₹12,480 crore
  • Year-on-year growth: 34% increase in H1 FY27 order book

O&M Portfolio Growth

  • Portfolio expanded from 13.5 GW in March 2026 to 18.9 GW as of September 2026
  • Includes projects constructed by third parties

Recent Order Wins

Total new orders secured: Over ₹985 crore

Breakdown of recent orders:

  • 534.3 MWp solar project in Rajasthan
  • Two BESS projects in South Africa with combined capacity of 616 MWh
  • West Minya Solar Power Project in Egypt (through joint venture with Hassan Allam Construction)

Company Business Overview

SWREL is a global pure-play, end-to-end renewable EPC solutions provider offering:

  • Utility-scale solar EPC
  • Floating solar EPC
  • Hybrid & energy storage solutions
  • Wind solutions

Global Presence

  • Operations in 28 countries
  • Geographic coverage: India, South-east Asia, Middle East, Africa, Europe, Australia, and the Americas

Total Portfolio

  • Over 29.8 GWp portfolio including projects commissioned and under various stages of construction
  • O&M portfolio: 18.9 GWp solar power projects

Management Commentary

Mr. Chandra Kishore Thakur, Global CEO, stated: "Our performance in the first half of FY27 reflects the progress we have made in strengthening our business and enhancing operational efficiency. The steady growth in our O&M business, coupled with strong order inflows across domestic and international markets, reinforces our capabilities across renewable energy EPC and energy storage. As we continue to build on this momentum, our focus remains on disciplined execution, operational efficiency and converting our growing project pipeline into sustainable, profitable growth."