Saatvik Green Energy Subsidiary Bags ₹44 Crore Solar PV Module Order

• Saatvik Green Energy's subsidiary, Saatvik Solar Industries Private Ltd, secured orders worth ₹44.10 crore for solar photovoltaic modules.
• The order was awarded by a domestic independent power producer/EPC player and involves the supply of solar PV modules.
• The company expects to execute the order by March 2026.
• CEO Prashant Mathur highlighted the company's consistent growth, focus on quality, and expansion into cell manufacturing, ancillaries, and allied businesses like inverters, pumps, and EPC.
• Saatvik Green Energy maintains healthy EBITDA margins of around 13% and PAT margins of 9-10%, with a new 2-gigawatt encapsulant manufacturing facility contributing to the bottom line.