Swelect Energy Systems, an India-based solar power and equipment manufacturer, has reported a 46% decline in net profit for the June 2025 quarter. Profit fell to INR 4.03 crore (~ $443,000), compared with INR 7.42 crore in the same quarter of the previous year. Swelect’s total income for the period was INR 76.43 crore (~ $8.41 million), down from INR 78.59 crore(~ $8.64 million) a year earlier. In the same meeting, the board approved an equity investment of up to INR 21 crore (~ $2.31 million) in its wholly owned subsidiary ESG Green Energy Private Ltd. The investment is designated for establishing a 16 MW solar power plant in India. The project will be executed entirely through ESG Green Energy, with the allocated funds covering its development and related capital needs. Both the decline in quarterly financial performance and the investment approval were detailed in the company’s first quarter disclosures for the 2025–26 financial year.