Servotech Renewable Power System, one of India’s largest EV charger manufacturers and solar solutions providers, reported robust financial results for Q1 FY26 in a board meeting held on July 30, 2025.
On a standalone basis, Servotech’s total revenue climbed by 28.0%, reaching ₹125.14 cr in Q1 FY26, up from ₹97.75 cr in Q1 FY25. EBITDA soared 63.7%, hitting ₹14.23 cr versus ₹8.70 cr in the same period last year. Gross profit rose 37.0% to ₹26.57 cr, while profit before tax surged 59.3% to ₹10.04 cr. Net profit (PAT) jumped 59.2%, to ₹7.55 cr compared to ₹4.74 cr in Q1 FY25.
On a consolidated level, the company recorded revenue of ₹137.17 cr—22.0% growth year-over-year—and EBITDA improved by 26.9% to ₹10.83 cr. Gross profit climbed 27.6% to ₹26.00 cr. However, consolidated PBT rose a modest 6.9% to ₹6.57 cr, with PAT increasing just 1.36% to ₹4.55 cr.
Raman Bhatia, Managing Director, praised the quarter’s performance, stating: “This strong set of results reflects our continued operational focus and execution in EV charging and solar solutions. We see enormous scope to grow further across India and beyond. Going ahead, our strategy remains centered on product innovation, manufacturing scale-up, and expanding market reach.”
The upbeat Q1 figures follow Servotech’s broader FY25 financial performance, which saw a 91% increase in full-year revenue and a 176.5% rise in profit after tax, reflecting rapid expansion and improved margins across both EV‑charger and solar divisions.
With a strong balance sheet and escalating demand for green mobility infrastructure, Servotech reaffirmed its commitment to domestic manufacturing capacity expansion— including ramp-up at Sonipat and Safiabad facilities—innovation in charger technology, and positioning itself for global growth in renewables-led EV ecosystems
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