With standalone revenue up 28%, Servotech Renewable Power reports impressive Q1 FY26 results, with EBITDA rising 64%, and PAT growing 59%, signalling strong market momentum.
Servotech Renewable Power System Ltd has announced strong financial performance for Q1 FY26. The EV charger and solar solutions manufacturer’s standalone revenue for the quarter grew by 28.01%, reaching ₹125.14 million, up from ₹97.75 million in Q1 FY25.
Key financial metrics show a substantial increase in EBITDA, which rose 63.65% to ₹14.23 million, compared to ₹8.70 million in Q1 FY25. Gross profit also increased by 36.96%, standing at ₹26.57 million, compared to ₹19.40 million in the previous year.
Profit before tax (PBT) saw a rise of 59.25%, reaching ₹10.04 million, while profit after tax (PAT) surged 59.18%, amounting to ₹7.55 million in Q1 FY26, compared to ₹4.74 million in Q1 FY25.
On a consolidated basis, Servotech reported a 21.99% rise in total revenue, which reached ₹137.17 million, compared to ₹112.44 million in Q1 FY25. EBITDA increased by 26.87%, amounting to ₹10.83 million, while gross profit grew by 27.57%, reaching ₹26.00 million. Consolidated PBT registered a growth of 6.92%, totalling ₹6.57 million, and consolidated PAT increased by 1.36%, amounting to ₹4.55 million.
Raman Bhatia, Managing Director of Servotech Renewable Power System, expressed his satisfaction with the strong results, stating, “This performance reflects our consistent hard work and dedication. We have expanded our reach across India and beyond in the solar and EV sectors.”
The company noted this success as just a beginning. Bhatia commented that there is still immense potential, and they remain committed to delivering products and innovation as they aim to lead in green technology.
