Servotech Renewable Power System Announces Q1 Financial Results and Executive Changes
Servotech Renewable Power System Limited has reported its unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. The company also announced significant changes in its executive leadership, including the resignation of an Executive Director and the appointment of a new Additional Director.The Board of Directors considered and approved these outcomes at its meeting held on July 21, 2026.
Leadership Transitions
The company reported the resignation of Mr. Digvijay Kapoor from the position of Executive Director (Human Resources), effective July 23, 2026. The reason for this change was stated as personal reasons, and the company confirmed that there were no other material reasons for his resignation.Furthermore, Mr. Mritunjay Jha was appointed as an Additional Director (Executive Director Administration) on July 24, 2026. This appointment is subject to the approval of the shareholders and any other necessary approvals. Mr. Jha holds a Master of Science in Computer Science and an MBA in Human Resources and brings 17 years of experience across human resource management and organizational development to the company.
Q1 Financial Performance (Standalone)
Servotech Renewable Power System Limited recorded specific financial results for the quarter ended June 30, 2026. The unaudited standalone performance metrics are detailed below:| Particulars | Quarter Ended June 30, 2026 (Un-Audited) | Quarter Ended March 31, 2026 (Audited) | Quarter Ended June 30, 2025 (Un-Audited) | Year Ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Gross Revenue | 22,213.17 (Rs. In Lacs) | 22,710.20 | 14,018.92 | 69,739.75 |
| Less GST Recovered | 1,452.56 | 1,745.73 | 1,674.65 | 6,067.02 |
| Revenue from operations | 20,760.60 | 20,964.47 | 12,344.27 | 63,672.73 |
| Other income | 5,059.00 | 155.98 | 169.32 | 493.47 |
| Total Revenue | 20,811.19 | 21,120.45 | 12,513.59 | 64,166.19 |
| Total expenses | 19,323.46 | 19,630.78 | 11,509.61 | 59,429.28 |
| Profit before tax | 1,487.73 | 1,489.66 | 1,003.98 | 4,736.91 |
| Profit (Loss) for the period | 1,110.06 | 1,473.10 | 755.06 | 3,625.84 |
Q1 Financial Performance (Consolidated)
The consolidated results reflect the financial status of the parent company and its subsidiaries and associates. The key figures for the quarter ending June 30, 2026, are presented below:| Particulars | Quarter Ended June 30, 2026 (Un-Audited) | Quarter Ended March 31, 2026 (Audited) | Quarter Ended June 30, 2025 (Un-Audited) | Year Ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Gross Revenue | 23,135.55 (Rs. In Lacs) | 23,666.83 | 15,520.06 | 73,672.96 |
| Less GST Recovered | 1,556.70 | 1,934.14 | 1,776.62 | 6,509.28 |
| Revenue from operations | 21,578.85 | 21,732.69 | 13,674.23 | 67,163.68 |
| Other income | 50.56 | 167.49 | 4,231.00 | 372.78 |
| Total Revenue | 21,629.41 | 21,900.17 | 13,716.54 | 67,536.45 |
| Total expenses | 20,567.81 | 20,595.78 | 13,059.53 | 63,494.15 |
| Profit before tax | 1,061.61 | 1,304.39 | 657.01 | 4,042.30 |
| Profit (Loss) for the period | 794.10 | 1,048.81 | 455.05 | 3,080.34 |
Consolidated Entity Breakdown
The consolidated results include performance data from several entities, including subsidiaries and associates:- Subsidiaries: Rebreathe Medical Devices Private Limited, Hertz And Pixelz Private Limited, Servotech EV Infra Private Limited, Servotech Sports and Entertainment Private Limited, Servotech Siliguri Strikers Private Limited (Step Down Subsidiary), Dream League of India (T10) Private Limited (Step Down Subsidiary), Servotech Foundation.
- Associate: Rhine Solar Limited.
- Foreign Subsidiary: Servotech renewable International FZCO.
The financial results for the subsidiaries and associated entities during the quarter ended June 30, 2026 are as follows:
| Name of Entity | Relationship | Total Income (in Lakhs) | PAT (in Lakhs) |
|---|---|---|---|
| Rebreathe Medical Devices Pvt Ltd. | Subsidiary | 572.34 | 5.48 |
| Servotech EV Infra Private Limited | Subsidiary | 49.48 | (43.47) |
| Servotech Foundation | Subsidiary | 38.24 | (14.23) |
| Rhine Solar Limited | Associate | NA (being Associate) | 1,117.00 |
| Servotech renewable International FZCO | Foreign Subsidiary | Nil | (1.87) |
SERVOTECH Stock Price Movement
Today, Servotech Renewable Power System Limited shares gained 0.53% to settle at ₹100.48 after closing the market. The stock traded within an intraday range of ₹98.62 to ₹102.05 and saw a total volume of 802,656 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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