Servotech Renewable Power System Ltd, India’s largest manufacturer of Electric Vehicle (EV) chargers and a prominent solar energy solutions provider, has announced impressive financial results for the first quarter of the fiscal year 2025–26. The company reported strong year-on-year growth across key financial indicators in both its standalone and consolidated performances, showcasing continued operational strength and strategic expansion.
Q1 FY26 Standalone Financial Highlights
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Total revenue surged by 28.01%, reaching ₹12,513.59 lakh, up from ₹9,775.48 lakh in Q1 FY25.
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EBITDA saw a robust 63.65% rise to ₹1,423.17 lakh, compared to ₹869.66 lakh last year.
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Gross profit increased by 36.96%, totalling ₹2,657.36 lakh versus ₹1,940.26 lakh in the same quarter last year.
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Profit Before Tax (PBT) grew by 59.25% to ₹1,003.98 lakh, up from ₹630.44 lakh.
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Profit After Tax (PAT) recorded a 59.18% jump, coming in at ₹755.06 lakh, compared to ₹474.34 lakh in Q1 FY25.
Q1 FY26 Consolidated Financial Highlights
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Total revenue rose by 21.99%, reaching ₹13,716.54 lakh, up from ₹11,243.92 lakh a year ago.
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EBITDA improved by 26.87%, totalling ₹1,083.18 lakh, compared to ₹853.74 lakh in Q1 FY25.
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Gross profit increased by 27.57%, coming in at ₹2,600.34 lakh, up from ₹2,038.34 lakh.
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PBT registered a 6.92% growth to ₹657.01 lakh, against ₹614.48 lakh last year.
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PAT showed a modest 1.36% increase, reaching ₹455.05 lakh, compared to ₹448.94 lakh in Q1 FY25.
Leadership Commentary
Raman Bhatia, Managing Director of Servotech Renewable Power System Ltd., expressed optimism about the company’s performance, stating:
“We’re pleased with our strong performance in this quarter, which is a clear reflection of the consistent hard work, dedication, and focus that Servotech has put in. We have had great opportunities to step into new territories and expand our reach across India and beyond in both the solar and EV sectors. However, we view this growth as a stepping stone—there’s still immense potential to unlock, and we remain committed to pushing boundaries, delivering superior products, and building on this momentum in the quarters ahead.”
He further emphasised the company’s vision, adding that innovation and customer satisfaction remain central to Servotech’s mission as it aims for global leadership in the green technology space.
With sustained momentum in the clean energy and EV infrastructure sectors, Servotech is strategically positioned to capitalise on emerging opportunities and strengthen its footprint in the renewable energy domain.
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