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Swelect Energy Systems net profit falls 46 pc to Rs 4.03 cr in Jun qtr

Swelect Energy Systems net profit falls 46 pc to Rs 4.03 cr in Jun qtr

News183 days ago
New Delhi, Aug 13 (PTI) Swelect Energy Systems on Wednesday reported a 46 per cent decline in its net profit to Rs 4.03 crore in the June 2025 quarter against Rs 7.42 crore in the year-ago period.
The company's total income also declined to Rs 76.43 crore in the quarter from Rs 78.59 crore a year ago.
The Board also approved the investment in the equity share capital of ESG Green Energy Private Ltd (wholly-owned subsidiary) up to Rs 21 crore for setting up a 16 MW solar power plant.
**** *SBI Life Insurance launches new term insurance plan SBI Life Insurance on Wednesday launched a term insurance plan offering increasing cover and whole life benefits.
Christened as 'SBI Life-Smart Shield Plus', this plan will increase the sum assured by 5 per cent every year, up to a maximum of 200 per cent of the sum assured, according to a statement.
**** *Manappuram Foundation inaugurates corporate office in Mumbai Manappuram Foundation inaugurated its 'corporate office' in the financial capital on Wednesday.
The work of the corporate social responsibility arm of the non-bank financier is focused on offering palliative medical care, among other initiatives, a statement said. PTI ABI AA ABI BAL BAL
(This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments
First Published:
August 13, 2025, 21:45 IST
News agency-feeds Swelect Energy Systems net profit falls 46 pc to Rs 4.03 cr in Jun qtr
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