NSEPress Release1d ago · 3 Nov 2026, 08:46 pm
Press Release
Servotech Renewable Power System Limited · SERVOTECH
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Servotech Renewable Power System Limited has announced its unaudited financial results for the second quarter (Q2) ended September 30, 2026, with consolidated total revenue up 56.82% and gross profit up 84.54%.
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Full Announcement
Servotech Renewable Power System Limited has informed the Exchange regarding a press release dated November 03, 2026, titled "Announcement of Un-audited Standalone and Consolidated Financial Results for Second Quarter (Q2) ended 30th September, 2026.".
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3rd November, 2026
National Stock Exchange of India Limited
Exchange Plaza, 5th Floor, Plot no. C/1 G Block,
Bandra- Kurla Complex, Bandra (E) Mumbai – 400051
Trading Symbol: SERVOTECH
Sub.: Press Release – Intimation under Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulation, 2015.
Dear Sir/Madam,
With reference to the captioned subject, we are enclosing herewith a Press Release with respect
to Announcement of Un-audited Standalone and Consolidated Financial Results for Second
Quarter (Q2) ended 30th September, 2026.
Please consider the aforesaid as relevant disclosure required under Regulation 30 of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015.
Kindly take the above information on record and oblige.
Thanking You,
FOR SERVOTECH RENEWABLE POWER SYSTEM LIMITED
(Formerly known as Servotech Power Systems Limited)
RUPINDER KAUR
COMPANY SECRETARY AND COMPLIANCE OFFICER
ICSI MEM NO. - A38697
IMMEDIATE PRESS RELEASE
Servotech Renewable Announces Q2 FY27 Financial Results;
Consolidated Total Revenue Up 56.82%, Gross Profit Up 84.54%
New Delhi, 3rd November 2026: Servotech Renewable Power System Ltd. (NSE:
SERVOTECH), a leading manufacturer of solar solutions, BESS, and EV charging
solutions, today announced its unaudited financial results for the quarter and
half year ended September 30, 2026, which were approved by the Board of
Directors at its meeting held on 3rd November 2026.
Q2 FY2026-27 Financial Overview
Standalone
Total Revenue stood at ₹15,882.34 lakh in Q2 FY27, witnessing a growth
of 54.31% from ₹10,292.63 lakh in Q2 FY26.
Gross Profit increased by 61.42%, rising to ₹3,632.99 lakh in Q2 FY27 from
₹2,250.62 lakh in Q2 FY26.
EBITDA surged by 105.07%, standing at ₹1,997.72 lakh in Q2 FY27
compared to ₹974.18 lakh in Q2 FY26.
Profit Before Tax grew by 251.23% to ₹1,090.35 lakh in Q2 FY27 from
₹310.45 lakh in Q2 FY26.
Profit After Tax stood at ₹837.33 lakh in Q2 FY27, witnessing a growth of
268.51% from ₹227.23 lakh in Q2 FY26.
Consolidated
Total Revenue grew by 56.82%, standing at ₹16,882.76 lakh in Q2 FY27
from ₹10,765.69 lakh in Q2 FY26.
Gross Profit witnessed a growth of 84.54%, standing at ₹4,359.83 lakh in
Q2 FY27 from ₹2,362.55 lakh in Q2 FY26.
EBITDA stood at ₹2,360.34 lakh in Q2 FY27, growing by 216.97% from
₹744.66 lakh in Q2 FY26.
Profit Before Tax grew by 2273.18%, standing at ₹1,256.12 lakh in Q2 FY27
from ₹52.93 lakh in Q2 FY26.
Profit After Tax (after share of profit of associates) stood at ₹974.65 lakh
in Q2 FY27, registering a growth of 2366.21% over ₹39.51 lakh in Q2 FY26.
Speaking of the results, Raman Bhatia, Managing Director, Servotech
Renewable Power System Ltd., said, "This quarter has been about growth,
exploring new opportunities, and taking meaningful steps forward in our
journey. We are pleased with the positive momentum the company is
witnessing, both in terms of business performance and the opportunities
emerging across our key business segments. We have continued to strengthen
our portfolio with the introduction of new products and solutions, while
advancing our focus on innovation, technology and manufacturing capabilities.
These developments reflect our commitment to staying ahead of evolving
market requirements and creating solutions that deliver greater value to our
customers.
I am particularly encouraged by the opportunities ahead and the progress we
are making as an organisation. With several new developments in the pipeline
and more exciting product launches and initiatives to come, we are looking
forward to building on this momentum. We remain confident in our growth
trajectory and committed to creating sustainable, long-term value for our
customers, partners and shareholders."
- - Press Release Ends - -
About Servotech Renewable Power System Limited (Formerly known as Servotech Power
Systems Ltd.):
Servotech Renewable Power System Limited (Formerly known as Servotech Power Systems Ltd.) is an
NSE-listed organization that develops tech-enabled EV charging and renewable energy solutions,
leveraging over two decades of experience and expertise in the electronics space. The Company offers
an integrated portfolio across AC & DC EV chargers, solar inverters (Hybrid and GTI models), Battery
Energy Storage Systems (BESS), and lithium-ion battery packs, serving multiple applications across
commercial and domestic segments. With its comprehensive engineering capabilities, Servotech plays
a pivotal role in developing India's renewable energy and EV technology infrastructure. As a trusted
brand with a strong pan-India presence, the Company's legacy is marked by proven innovations and
the development of advanced technologies.
For more information, please visit https://servotech.in/
PR & Corporate Communications
Prabhutva Tiwari | pr@servotechindia.com | +91 8318873166
Disclaimer:
This press release contains “forward-looking statements” — that is, statements related to future, not past, events. In this
context, forward-looking statements often address our expected future business and financial performance, and often
contain words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “should” or “will.” Forward-looking
statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the
behaviour of the renewable energy, electronics, and EV infrastructure industries; from the integration and performance of
our subsidiaries and joint ventures; and from numerous other matters of national, regional, and global scale, including those
of a political, economic, business, competitive, or regulatory nature. These uncertainties may cause our actual future results
to be materially different from those expressed in our forward-looking statements. We do not undertake to update our
forward-looking statements.