Servotech reports 58% rise in Q1 revenue, PAT up 75%
Servotech Renewable Power System Ltd. reported strong growth in revenue and profitability during the quarter ended June 30, 2026, driven by demand across its clean energy portfolio, which includes electric vehicle (EV) charging infrastructure, solar products and battery storage systems.
The company reported higher earnings across both standalone and consolidated operations, according to its earnings release filed with the stock exchanges.
Standalone results
On a standalone basis, total revenue for Q1 FY27 stood at Rs 20,811.19 lakh, compared to Rs 12,513.59 lakh in the corresponding quarter of the previous year, reflecting growth of 66.31%.
Gross profit increased to Rs 4,510.83 lakh from Rs 2,656.02 lakh, up 69.75%, while EBITDA rose 62.85% to Rs 2,317.67 lakh.
Profit before tax (PBT) for the quarter stood at Rs 1,487.72 lakh, an increase of 48.18% year-on-year. Profit after tax (PAT) grew 47.01% to Rs 1,110.05 lakh.
Consolidated results
Consolidated total revenue increased 57.69% year-on-year to Rs 21,629.41 lakh from Rs 13,716.54 lakh in Q1 FY26.
Gross profit rose 86.75% to Rs 4,856.09 lakh, while EBITDA nearly doubled to Rs 2,094.33 lakh, registering growth of 93.35%.
The company reported consolidated PBT of Rs 1,061.61 lakh, up 61.58% from the year-ago period. Consolidated PAT stood at Rs 794.11 lakh, reflecting a 74.51% increase.
Business profile
Servotech Renewable Power System develops products across the EV charging and renewable energy value chain. Its portfolio includes DC EV chargers, hybrid and grid-tied solar inverters, Battery Energy Storage Systems (BESS) and lithium-ion battery packs.
The company stated that it continues to invest in manufacturing, technology development and product innovation as it expands its presence in the clean energy sector.
Commenting on the performance, Raman Bhatia, Managing Director of Servotech Renewable Power System Ltd., said, “The first quarter of FY27 reflects the strength of our execution capabilities and the growing market acceptance of our integrated clean energy solutions. We have delivered strong growth across revenue and profitability while continuing to invest in innovation, manufacturing expansion, and technology development.”
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