Servotech Renewable Power System Ltd, one of India’s leading producers of electric vehicle (EV) charging equipment and solar energy solutions, announced its financial results for the first quarter of fiscal year 2025–26, following its Board meeting held on July 30. In the first quarter of FY26, Servotech Renewable Power System Ltd recorded a strong standalone performance, with total revenue reaching ₹12,513.59 lakh — a 28.01% increase compared to ₹9,775.48 lakh in the same period last year. This growth reflects the company’s expanding presence in the EV and solar sectors and rising demand for its technology-driven solutions.
The company’s standalone EBITDA saw a significant rise of 63.65%, amounting to ₹1,423.17 lakh, up from ₹869.66 lakh in Q1 FY25. This substantial improvement in operational efficiency was further reflected in the gross profit, which grew by 36.96% to ₹2,657.36 lakh, compared to ₹1,940.26 lakh in the previous year.
Profit before tax on a standalone basis climbed to ₹1,003.98 lakh, showing a 59.25% increase from ₹630.44 lakh last year. Net profit also saw a comparable rise of 59.18%, reaching ₹755.06 lakh as against ₹474.34 lakh in the corresponding quarter of FY25, underlining strong bottom-line performance.
On a consolidated basis, revenue stood at ₹13,716.54 lakh — up 21.99% from ₹11,243.92 lakh. EBITDA improved by 26.87% to ₹1,083.18 lakh, while gross profit increased by 27.57% to ₹2,600.34 lakh. Profit before tax registered a modest 6.92% growth to ₹657.01 lakh, and net profit rose slightly by 1.36% to ₹455.05 lakh, compared to ₹448.94 lakh in Q1 FY25.
Raman Bhatia, Managing Director, said “This quarter’s outcome reflects the consistent effort and commitment across our teams. We’ve made significant strides in expanding our footprint in both solar and EV domains, entering new markets and broadening our impact. While the results are encouraging, we see this only as the beginning. With a focus on innovation, product excellence, and customer satisfaction, we’re well-positioned to continue scaling and setting new benchmarks in the clean energy space.”
Servotech Renewable Power System Ltd (formerly Servotech Power Systems Ltd) is a publicly listed company on NSE, known for its advanced EV charging technologies and solar energy offerings. Backed by over 20 years of experience in electronics, Servotech delivers a wide portfolio of AC and DC charging solutions compatible with various EV platforms for residential and commercial use. The company continues to play a central role in building India’s EV infrastructure, supported by its nationwide presence and a track record of technological innovation.
