Servotech Announces Strong Q1 FY26 Results, Profit Jumps 59%

New Delhi, 30th July 2025: Servotech Renewable Power System Limited (NSE: SERVOTECH), India’s largest manufacturer of Electric Vehicle (EV) chargers, and a leading solar solutions provider, has released its Q1FY26 financial results after its Board of Directors meeting on 30th July, 2025. 

Q1 FY26 Financial Overview

Standalone Q1FY26

• Total Revenue witnessed a growth of 28.01% in Q1 FY26 of Rs 12,513.59 lacs from Rs 9,775.48 lacs in Q1 FY25.

• EBITDA increased by 63.65% standing at Rs 1,423.17 lacs in Q1 FY26 from Rs 869.66 lacs in Q1 FY25.

• Gross Profit rose by 36.96%, standing at Rs 2,657.36 lacs in Q1 FY26, up from Rs 1,940.26 lacs in Q1 FY25.

• PBT registered a growth of 59.25%, amounting to Rs 1,003.98 lacs in Q1 FY26, as against Rs 630.44 lacs in Q1 FY25.

• PAT experienced a substantial rise of 59.18%, standing at Rs 755.06 lacs in Q1 FY26, compared to Rs 474.34 lacs in Q1 FY25.

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Consolidated Q1FY26

• Total Revenue witnessed a growth of 21.99% in Q1 FY26 of Rs 13,716.54 lacs from Rs 11,243.92 lacs in Q1 FY25

• EBITDA increased by 26.87% standing at Rs 1,083.18 lacs in Q1 FY26 from Rs 853.74 lacs in Q1 FY25

• Gross Profit rose by 27.57%, standing at Rs 2,600.34 lacs in Q1 FY26 from Rs 2,038.34 lacs in Q1 FY25.

• PBT registered a growth of 6.92%, amounting to Rs 657.01 lacs in Q1 FY26, compared to Rs 614.48 lacs in Q1 FY25.

• PAT experienced a rise of 1.36%, standing at Rs 455.05 lacs in Q1 FY26, compared to Rs 448.94 lacs in Q1 FY25.

Commenting on the results, 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.”