Servotech Announces 66% Standalone Revenue Growth in Q1 FY27

Servotech shared plans to invest in innovation, manufacturing expansion, and technology development

Servotech Renewable Power System has registered strong revenue growth in the first quarter of FY2026-27.

On a standalone basis, the company recorded total revenue of ₹208.11 crore in Q1 FY27, up 66.31% from ₹125.14 crore in the corresponding quarter last year. Gross profit increased 69.75% to ₹45.11 crore, while EBITDA rose 62.85% to ₹23.18 crore. Profit before tax (PBT) grew 48.18% to ₹14.88 crore, and profit after tax (PAT) climbed 47.01% to ₹11.10 crore.

On a consolidated basis, revenue stood at ₹216.29 crore, registering a 57.69% year-on-year increase. Gross profit surged 86.75% to ₹48.56 crore, while EBITDA nearly doubled, rising 93.35% to ₹20.94 crore. Consolidated PBT grew 61.58% to ₹10.62 crore, and PAT increased 74.51% to ₹7.94 crore compared to the same period last year.

While highlighting this growth, Raman Bhatia, Managing Director, Servotech Renewable Power System Ltd., said the company’s first-quarter performance reflects strong execution capabilities and increasing market acceptance of its integrated clean energy solutions. He added that Servotech continues to invest in innovation, manufacturing expansion, and technology development while capitalising on opportunities across the renewable energy, BESS, and EV charging sectors.

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“The company remains focused on expanding its manufacturing capabilities, strengthening indigenous technology, and delivering long-term value to stakeholders. With a healthy order pipeline and continued demand for clean energy solutions, Servotech expects to maintain its growth momentum in the coming quarters”, he added.

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Nitisha Dubey
Nitisha Dubey
Nitisha Dubey is a journalist at EFY. She focuses on startups and innovations with a deep interest in new technologies and business models.

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