Servotech Renewable Power System Delivers Strong Q1 FY27 Results; Standalone Revenue Grows 66% and EBITDA Surges 63%
Servotech Renewable Power System Ltd., a manufacturer of solar solutions, BESS (Battery Energy Storage Systems), and EV chargers in India, has announced its un-audited financial results for the first quarter (Q1) ended June 30, 2026. The results reflect strong growth across various metrics both in the standalone and consolidated segments.The company's Q1 FY27 performance demonstrates significant improvements in revenue generation and profitability compared to the previous year.
Financial Performance Highlights
The Q1 FY27 financial data showed robust growth across all key operational indicators, as detailed below:Standalone Financial Results (Q1 FY26 vs Q1 FY27)
| Metric | Q1 FY26 | Q1 FY27 | Growth % (FY26 to FY27) |
|---|---|---|---|
| Total Revenue | ₹12,513.59 lakh | ₹20,811.19 lakh | 66.31% |
| Gross Profit | ₹2,657.37 lakh | ₹4,510.83 lakh | 69.75% |
| EBITDA | ₹1,423.17 lakh | ₹2,317.67 lakh | 62.85% |
| Profit before Tax | ₹1,003.98 lakh | ₹1,487.72 lakh | 48.18% |
| Profit after Tax (PAT) | ₹755.06 lakh | ₹1,110.05 lakh | 47.01% |
Consolidated Financial Results (Q1 FY26 vs Q1 FY27)
| Metric | Q1 FY26 | Q1 FY27 | Growth % (FY26 to FY27) |
|---|---|---|---|
| Total Revenue | ₹13,716.54 lakh | ₹21,629.41 lakh | 57.69% |
| Gross Profit | ₹2,600.34 lakh | ₹4,856.09 lakh | 86.75% |
| EBITDA | ₹1,083.18 lakh | ₹2,094.33 lakh | 93.35% |
| Profit before Tax | ₹657.01 lakh | ₹1,061.61 lakh | 61.58% |
| Profit after Tax (PAT) | ₹455.05 lakh | ₹794.11 lakh | 74.51% |
Management Commentary
Raman Bhatia, Managing Director of Servotech Renewable Power System Ltd., commented on the performance, stating that 'The first quarter of FY27 reflects the strength of our execution capabilities and the growing market acceptance of our integrated clean energy solutions.'He further added that the company has delivered strong growth across revenue and profitability while continuously investing in innovation, manufacturing expansion, and technology development. Bhatia attributed the momentum to a disciplined approach to execution and the ability to capitalize on emerging opportunities within the renewable energy, BESS, and EV charging sector.
The Managing Director mentioned that as India advances its transition toward sustainable energy, Servotech remains focused on scaling its manufacturing capabilities, advancing indigenous technology, and delivering long-term value to customers and shareholders. He expressed confidence in sustaining this momentum across the coming quarter due to a healthy order pipeline and a strong foundation for growth.
SERVOTECH Stock Price Movement
On Tuesday, Servotech Renewable Power System Limited closed higher after gaining 0.53%, settling at ₹100.48. The stock traded within a range of ₹98.62 to ₹102.05 and saw total volume stand at 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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