Servotech Reports Strong Q1 FY26: Revenue Jumps 28%, PAT Soars 59%; Check Stellar Q1 Performance Here

Following its Board of Directors meeting on July 30, 2025, Servotech Renewable Power System Limited, the leading producer of EV chargers in India and a top supplier of solar solutions, issued its Q1FY26 report.

On a standalone basis, the company's total revenue jumped by 28.01% from Rs 9,775.48 lacs in Q1 FY25 to Rs 12,513.59 lacs in Q1 FY26. From Rs 869.66 lacs in Q1 FY25 to Rs 1,423.17 lacs in Q1 FY26, EBITDA grew by 63.65%. According to the firm, its net profit climbed significantly by 59.18% in Q1 FY26, reaching Rs 755.06 lacs from Rs 474.34 lacs in Q1 FY25. From Rs 1,940.26 lacs in Q1 FY25 to Rs 2,657.36 lacs in Q1 FY26, the gross profit went up by 36.96%. In Q1 FY26, profit before tax surged by 59.25% to Rs 1,003.98 lacs, compared to Rs 630.44 lacs in Q1 FY25.

On a consolidated basis, the company's total revenue increased by 21.99% from Rs 11,243.92 lacs in Q1 FY25 to Rs 13,716.54 lacs in Q1 FY26. From Rs 853.74 lacs in Q1 FY25 to Rs 1,083.18 lacs in Q1 FY26, the consolidated EBITDA grew by 26.87%. From Rs 2,038.34 lacs in Q1 FY25 to Rs 2,600.34 lacs in Q1 FY26, the gross profit increased by 27.57%. Consolidated profit before tax surged by 6.92% to Rs 657.01 lacs in Q1 FY26 from Rs 614.48 lacs in Q1 FY25, while the company's consolidated net profit improved by 1.36% to Rs 455.05 lacs in the quarter under review from Rs 448.94 lacs in the year-ago quarter.

Raman Bhatia, Managing Director, Servotech Renewable Power System said, "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 Solar and EV sector. 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. With innovation and customer satisfaction at the core of our vision, we're confident of achieving even greater milestones on our journey toward global leadership in the green tech space."

Tech-enabled EV charging solutions are developed by Servotech Renewable Power System Limited, an NSE-listed company. With more than 20 years of expertise, the firm has a solid presence throughout India and offers a wide variety of AC and DC chargers that work with various electric vehicles.